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Tag Archives: Cardano

Cardano (ADA) Price Analysis: Can Bulls Clear This Hurdle?

ADA price is attempting a fresh increase from the $0.5600 zone against the US Dollar. The price is now trading above $0.600 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.620 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.620 and $0.650 levels. Cardano price is holding the $0.580 support against the US Dollar, like Bitcoin. ADA price could gain...

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Grayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week

CoinspeakerGrayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week Grayscale Investments, a subsidiary of Digital Currency Group (DCG), announced on Thursday that it has henceforth dropped ADA and ATOM from its Grayscale Digital Large Cup Fund. Grayscale Drops Cardano From Its Large Cap Fund, ADA Price Down Over 12% This Week

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Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.58

ADA price started a downside correction from the $0.6840 zone against the US Dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.6480 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.6260 and $0.650 resistance levels. Cardano’s price is struggling below $0.650 against the US Dollar, like Bitcoin. ADA...

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Cardano (ADA) Price Analysis: Fresh Surge Likely If Bulls Clear $0.69

ADA price is attempting a fresh increase from the $0.5690 zone against the US Dollar. The price is now trading above $0.620 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support at $0.650 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.690 and $0.700 levels. Cardano price is holding the $0.620 support against the US Dollar, like Bitcoin. ADA price could gain...

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Cardano Defies Critics With Strong GitHub Activity Among Major Layer 1 Blockchains

Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...

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Cardano Ranks First in This Major Metric: ADA Bull Run Ahead?

TL;DR Cardano’s ADA surpassed Bitcoin (BTC) and Ethereum (ETH) in one key metric. Despite a recent 20% price drop, analysts predict a bullish future for ADA, including a potential “parabolic” spike to $10. According to IntoTheBlock, Cardano’s ADA is currently the top cryptocurrency by development activity. It also enjoys the highest amount of weekly engagements. Leading cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC), were placed second and fifth, respectively....

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Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.635

ADA price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.7020 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.680 and $0.700 resistance levels. Cardano’s price is struggling below $0.700 against the US Dollar, like Bitcoin. ADA...

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