ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...
Read More »eToro Launches Cryptocurrency Staking Starting with Cardano and TRON
The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX).eToro To Enable Crypto StakingCryptocurrency staking requires the investors to “lock” a certain amount of coins based on the proof-of-stake consensus algorithm or many of its varieties. Investors typically receive the right to vote and participate in the...
Read More »Cardano (ADA) Price Analysis: Resistance Turned Support Near $0.10
ADA price gained traction and rallied above the $0.1000 resistance against the US Dollar.The price traded to a new monthly high at $0.1065 and settled above the 55 simple moving average (4-hours).There was a break below a major bearish trend line with resistance near $0.0860 on the 4-hours chart (data feed via Kraken).The price is currently correcting lower, but dips are likely to find support near $0.1000 or $0.0950.Cardano price is trading in a positive zone above $0.1000 against the US...
Read More »Cardano (ADA) Price Analysis: More Losses Likely Below $0.07
ADA price is down over 5% and it broke the key $0.0900 support zone against the US Dollar.The price is now trading well below $0.0860 and the 55 simple moving average (4-hours).There was a break below a key declining channel with support near $0.0855 on the 4-hours chart (data feed via Kraken).The price is likely to face hurdles near $0.0850 and $0.0900 if there is an upside correction.Cardano price is currently declining and trading well below $0.0900 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Upside Break Above $0.10
ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...
Read More »Cardano (ADA) Price Analysis: Trading Near Make-or-Break Levels
ADA price extended its decline below the $0.1000 support zone against the US Dollar.The price is currently consolidating above the key $0.0850 support, but it is below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0950 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0950 and $0.1000 levels in the near term.Cardano price is currently consolidating above $0.0850 against the US...
Read More »BitMEX to Launch EOS, LINK, XTZ, and ADA ‘Quanto’ Futures Contracts Soon
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...
Read More »#961 Cardano will DeFi erobern, Paralelní Polis Hacker Treffen Prag & Monero geknackt
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 961. Im heutigen Video geht’s um folgende Themen: Cardano will DeFi erobern mit Stablecoin, Paralelní Polis – Treffen der Hacker-Szene in Prag im Oktober & Hat CipherTrace Monero geknackt? [embedded content] 1.) Cardano will DeFi erobern mit Stablecoin der besser werden soll als MakerDAOhttps://cryptomonday.de/cardano-will-defi-erobern-mit-stablecoin-der-besser-werden-soll-als-makerdao/ 2.) Das große Treffen der Hacker-Szene in...
Read More »Cardano (ADA) Price Analysis: Fresh Rally To $0.15 Seems Possible
ADA price formed a decent support base above $0.1000 and currently rising against the US Dollar.The price is currently trading above the $0.1180 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1140 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher above $0.1280 and $0.1350 in the near term.Cardano price is slowly moving higher towards $0.1300 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: Risk of Larger Breakdown Below $0.12
ADA price is in a bearish zone and it is trading below the $0.1300 pivot against the US Dollar.The price is currently struggling to recover above $0.1250 and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $0.1245 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1250 resistance or it might dive below the $0.1200 support.Cardano price is struggling to clear $0.1250 against the US Dollar,...
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