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Tag Archives: Cardano

Cardano (ADA) Price Analysis: Primed For More Upsides

ADA price is gaining bullish momentum above the $0.0425 resistance area against the US Dollar.The price is likely to break the $0.0450 and $0.0465 resistance levels in the near term.There is a key bullish trend line forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is following a decent bullish path above the $0.0425 and $0.0420 support levels.Cardano price is showing bullish continuation signs against the US Dollar and bitcoin. ADA price is likely to...

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Cardano (ADA) Price Analysis: Bulls Remain In Control Above $0.0420

ADA price rallied recently above the $0.0400 and $0.0420 resistance levels against the US Dollar.The price is currently consolidating above the key $0.0420 support areas.There is a short term rising channel forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is likely to find a strong support near the $0.0420 and $0.0415 levels.Cardano price is trading in an uptrend against the US Dollar and bitcoin. ADA price correct lower in the near term, but it remains...

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Cardano (ADA) Price Analysis: Bears Sighting Fresh Monthly Lows

ADA price struggled to surpass the $0.0400 resistance and decline recently against the US Dollar.The price is currently declining and is trading near the key $0.0375 support area.There is a major bearish trend line forming with resistance near $0.0395 on the 4-hours chart (data feed via Kraken).The price could continue to move down below $0.0375 and $0.0360 in the coming sessions.Cardano price is trading with a bearish bias against the US Dollar and bitcoin. ADA price could revisit the...

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eToro Unveils New Crypto Portfolio Based on the Algorithm of Twitter Mentions

Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...

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Cardano (ADA) Price Analysis: Primed For More Downsides

ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...

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Cardano (ADA) Price Analysis: Signs Of Fresh Upside Above $0.0450

ADA price is currently correcting higher from the $0.0379 swing low against the US Dollar.The price is trading above the $0.0400 support area and it could continue to rise above $0.0450.There was a break above a major bearish trend line with resistance near $0.0390 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.0435 as long as it is above the $0.0380 support area.Cardano price is slowly rebounding higher against the US Dollar and bitcoin. ADA price...

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Cardano and Ethereum Might Finally Switch to PoS in 2020

2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...

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Cardano (ADA) Price Analysis: Crucial Consolidation Above Key Support

ADA price started consolidating losses above the $0.0350 support area against the US Dollar.The price is facing a strong resistance near the $0.0400 and $0.0420 levels.There is a key bearish trend line forming with resistance near $0.0420 on the 4-hours chart (data feed via Kraken).The price could either start a decent recovery above $0.0420 or it might decline further below $0.0350.Cardano price is struggling to recover against the US Dollar and bitcoin. ADA price could start a decent...

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Cardano (ADA) Price Analysis: Breakdown Looks Real, More Losses Likely

ADA price topped near the $0.0500 level and declined sharply below $0.0450 against the US Dollar.The price is down more than 20% from the last swing high and it is currently near $0.0385.There was a break below a contracting triangle with support near $0.0478 on the 4-hours chart (data feed via Kraken).The price is currently consolidating losses and likely to face resistance near $0.0400 and $0.0425.Cardano price declined heavily in the past few sessions against the US Dollar and bitcoin. ADA...

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Crypto Exchange Giant Binance Finally Launched US Trading

Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US has been officially launched.https://t.co/AZwoBOy3iq Opens Trading For BTC, ETH, XRP, BCH, LTC, BNB and USDThttps://t.co/Sc8MkzYkn4 pic.twitter.com/wlv9SCshlM— Binance.US (@BinanceAmerica) September 24, 2019The company hopes that by doing so, it could enlarge its influence...

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