ADA price is gaining pace above the $0.580 zone against the US Dollar. The price is now trading above $0.6120 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.6050 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.640 and $0.650 resistance levels. Cardano price is rising above $0.620 against the US Dollar, like Bitcoin. ADA price could rally further if there is a...
Read More »Cardano (ADA) Price Analysis: Signs Suggest Rally To $0.65
ADA price is gaining pace above the $0.5350 zone against the US Dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.5680 and $0.600 resistance levels. Cardano price is rising above $0.540 against the US Dollar, like Bitcoin. ADA price could rally further if there is...
Read More »Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.480
ADA price started a downside correction from the $0.538 zone against the US Dollar. The price is now trading below $0.52 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.500 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.510 and $0.520 resistance levels. Cardano’s price is consolidating above $0.4650 against the US Dollar, like Bitcoin. ADA...
Read More »SUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric
CoinspeakerSUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric Sui has been among the top performers in the cryptocurrency market as of late, fueled by a notable spike in its on-chain DeFi activity and rising trading volume. SUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric
Read More »Dencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success
CoinspeakerDencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success By introducing blob transactions, proto-danksharding enables more efficient data storage. This subsequently lowers the overall costs for users when submitting transactions on Ethereum. Dencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success
Read More »Cardano (ADA) Price Analysis: Can Bulls Push It Above $0.535?
ADA price is attempting a fresh increase from the $0.500 zone against the US Dollar. The price is now trading above $0.510 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.490 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5350 and $0.5500 levels. Cardano price is holding the $0.500 support against the US Dollar, like Bitcoin. ADA price...
Read More »Cardano (ADA) Outperforms Bitcoin and Ethereum in This Key Metric: Details
TL;DR Cardano’s coin tops BTC and ETH in certain fields but faces a price decline. Market trends are bearish, yet experts stay optimistic about ADA’s future. According to market intelligence platform Santiment, Cardano’s ADA was the top cryptocurrency by development activity in the last 30 days. Polkadot (DOT) and Kusama (KSM) ranked second and third, respectively, while Ethereum (ETH) was placed tenth. Interestingly, Bitcoin (BTC) did not find a spot on the list. 🧑💻 Here...
Read More »Cardano (ADA) Price Analysis: Bears In Control Below $0.50
ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.515 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.500 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...
Read More »Cardano (ADA) Surpassed Ethereum (ETH) on Multiple Fronts: Details
TL;DR Cardano’s whale transaction volumes and NFT sales have been notable lately. ADA’s price has recently underperformed compared to ETH, but experts anticipate a potential rally influenced by upcoming events and developments in the crypto industry. According to IntoTheBlock data, Cardano whales have settled an average of $13 billion in large daily transactions for the past week. In comparison, Ethereum’s figure stood at $5 billion. Cardano whales have been quite active...
Read More »ChatGPT Analyzes if Cardano (ADA) Price Will Surpass $1 This Year
TL;DR Cardano’s ADA rallied substantially last year, with potential for more growth in 2024 due to multiple factors. Analysts point to further catalysts such as recent developments and the outcome of Coinbase’s lawsuit involving ADA for potential price increases. Considering ‘Various Factors’ Last year has been highly successful for Cardano’s ADA, which rallied over 140%, reaching the $0.60 mark on New Year’s Eve. We decided to ask the popular AI-powered chatbot – ChatGPT –...
Read More »