Tag Archives: Cardano

ADA price is gaining bullish momentum and it broke the $0.0435 resistance against the US Dollar.It is now approaching a major resistance zone near the $0.0500 level.There is a key bullish trend line forming with support near $0.0470 on the 4-hours chart (data feed via Kraken).The price could continue to rise if it clears the $0.0490 and $0.0500 resistance levels.Cardano price is currently trading in a nice uptrend against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0500...

ADA price followed a bullish path above $0.0320, but it faced hurdles near $0.0370 against the US Dollar.It is currently correcting lower and trading below the $0.0350 level.There is a key contracting triangle forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could continue to move down if it breaks the $0.0340 support area.Cardano price is currently showing signs of weakness against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0360...

ADA price declined sharply after it failed to surpass the $0.0375 resistance against the US Dollar.It traded as low as $0.0319 and it is currently correcting higher.There is a major bearish trend line with resistance near $0.0342 on the 4-hours chart (data feed via Kraken).The price is likely to restart its downtrend if there is no break above $0.0350.Cardano price is showing a few recovery signs against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0350 resistance to start...

ADA price is currently gaining momentum and it is trading above the $0.0350 resistance against the US Dollar.A clear break above the $0.0370 resistance is needed for more gains.There is a key bullish trend line forming with support near $0.0340 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0400 resistance as long as it is above $0.0320.Cardano price is trading in a solid uptrend above $0.0320 against the US Dollar, similar to bitcoin. ADA...

ADA price is currently rising and it is trading above the $0.0300 resistance against the US Dollar.A strong support base seems to be forming above $0.0280 and $0.0265.There was a break above a major contracting triangle with resistance near $0.0301 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher and it could accelerate once there is a break above $0.0320.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. However, ADA price must...

ADA price is currently consolidating in a tight range below the $0.0320 resistance against the US Dollar.The price is holding the key $0.0280 support level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0284 on the 4-hours chart (data feed via Kraken).The price could start a strong rise above the $0.0320 and $0.0340 resistance levels in the near term.Cardano price is making an attempt to rise above key hurdles against the US Dollar...

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...