Tag Archives: Cardano

The Z/Yen Group Limited recently took legal action against a blockchain developer, the Cardano Foundation. The core of the problem and the cause of the lawsuit dates back to 2017 and is related to an agreement between the former research partners.Business partnerships are usually great at the beginning. However, sometimes unpredictable things happen and they fall apart. That is fine if the parting terms suit both sides, but in the case of the Cardano Foundation, the separation from the former...

ADA price is currently recovering from the $0.0184 yearly low against the US Dollar.The price is trading above the $0.0200 and $0.0240 resistance levels.There was a break above a key bearish trend line with resistance near $0.0255 on the 4-hours chart (data feed via Kraken).The price could correct further higher in the short term, but it is likely to face hurdles near $0.0300.Cardano price is currently staging a decent upside correction against the US Dollar and bitcoin. However, ADA price is...

ADA price extended its decline below the $0.0450 and $0.0420 support levels against the US Dollar.The price traded as low as $0.0391 and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0470 on the 4-hours chart (data feed via Kraken).The price could correct higher in the short term, but it is likely to face sellers near $0.0460.Cardano price is following a downtrend below key supports against the US Dollar and bitcoin. ADA price could...

ADA price started a major decline and traded below the $0.0520 support against the US Dollar.The price traded as low as $0.0450 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0515 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it fails to recover above the $0.0515 and $0.0520 resistance levels.Cardano price is facing an increase in selling pressure against the US Dollar and bitcoin. ADA price must...

ADA price started a nasty decline after it broke the $0.0600 support against the US Dollar.The price even traded below the $0.0550 support level to enter a bearish zone.There is a major bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more losses below the $0.0520 and $0.0500 levels in the near term.Cardano price is down more than 5% and trading in a bearish zone against the US Dollar, similar to bitcoin. ADA...

ADA price found support near the key $0.0560 and $0.0550 levels against the US Dollar.The price recently recovered and climbed above the $0.0600 resistance area.There is a key contracting triangle forming with resistance near $0.0640 on the 4-hours chart (data feed via Kraken).The price must climb above the $0.0640 and $0.0650 resistance levels to start a fresh increase.Cardano price is slowly gaining pace above $0.0600 against the US Dollar, similar to bitcoin. ADA price is likely to...

After a brutal -50% performance in 2019, XRP price has bounced back to start off the new year. Since the $0.17 bottom established in December 2019, the price of the third-largest cryptocurrency has rallied by 75% to over $0.30.XRP price has shockingly jumped yesterday for more than 11.13%, and the value has been placed at $0.3143. At the time of writing, it was up by 10% to $0.33.It seems that rising of Ripple‘s XRP could go on for a while, at least considering some medium-term.Yesterday XRP...

ADA price is gaining pace above the $0.0620 resistance area against the US Dollar.The price recently broke the $0.0650 level and it could continue to rise in the near term.There is a major bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The price is likely to surpass the $0.0700 resistance and continue higher in the near term.Cardano price is trading in a strong uptrend above $0.0600 against the US Dollar, similar to bitcoin. ADA price could...

ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...

The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...