Cardano Turns Bullish In The Short-Term, But Is That All?
Cardano (ADA) has seen the bulls finally reclaim control after a long stretch in the bear territory. This is a welcome change for the digital asset which remains one of the largest cryptocurrencies and widely used networks. However, after properly cementing its position in this bullish level for the short term, the question still remains on how the digital asset is looking towards the long term. ADA Bullish For The Short Term The price of Cardano (ADA) successfully broke above $1.2, which puts it on a bullish path for the short term. The indicators for this include the fact that the....
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Emurgo, one of the founding entities of the Cardano blockchain, has officially announced a partnership with the Institute of Blockchain Singapore (IBS) today. This strategic alliance, revealed via X (formerly Twitter), accentuates the rising importance of blockchain education on a global scale, while also highlighting Cardano’s commitment to the same. Cardano Expands Its Presence In […]
Amidst recent fluctuations, analysts have focused on Cardano (ADA) due to its potential for a significant rally. Similarly, Bitcoin (BTC), the market leader, has shown patterns that traders must understand as they navigate the current market conditions. Related Reading: Cardano ADA Trades Below The $0.41 Mark, Will It Break The Barriers? Is Cardano (ADA) On The Brink of a Parabolic Rise? Cardano, often lauded for its technological foundation, has recently caught the attention of experts predicting an imminent rally. Dan Gamberdello, a prominent advocate for Cardano, has publicly stated his....
Cardano (ADA) has not had the best start to the year 2022. The digital asset which had hit its all-time high above $3 in 2021 continues to suffer more downtrends in the market which has left it struggling below $1. Despite this, the digital asset is still doing quite well on a year-to-date basis, although not as good as the community would like. The recent uptrend in its price has pushed it closer to $1, but how soon can the cryptocurrency hit it? ADA To $1? A look at the charts does not spell good news for Cardano over the short and long term. This is because, despite the recent recovery....
The crypto market continues to display volatile movements, with major coins like Cardano (ADA) and emerging meme coins like GoodEgg (GEGG) showing varying levels of activity. While Cardano (ADA) attempts to maintain its price position after a modest bounce, GoodEgg (GEGG) is nearing an impressive milestone of $0.00021, attracting attention from both retail and institutional investors. Cardano (ADA): Will the Bounce Last? The Cardano (ADA) price has been on a rollercoaster recently, with small gains seen over the past few days. According to data from CoinMarketCap, Cardano (ADA) has shown a....
Bitcoin price could keep going for gains as the bullish channel on the short-term charts is staying intact. Bitcoin Price Key Highlights. Bitcoin price is still trending higher, moving inside a short-term bullish channel on its 15-minute time frame. Price is hovering around the middle of the channel, still deciding whether to make a test of support or climb back to the resistance. Technical indicators are suggesting that the uptrend could carry on. Technical Indicators Signals. The 100 SMA is above the 200 SMA on this time frame, confirming that the path of least resistance is to the....