Cardano Institutional Wave: Big Money Pours Into ADA Amid Surging Blockchain ...
Despite the ongoing wave of bearish price action for Cardano (ADA), the token appears to be attracting a notable amount of adoption and attention. Large capital is currently being moved in the leading network and altcoin, particularly from institutional players. Are Institutions Betting Big On Cardano? Lately, Cardano is experiencing a fresh influx of capital […]
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Cardano (ADA) has had an eventful year in terms of price action and ecosystem development. Network activity is surging, partnerships are rolling out, and the ADA price has pumped relatively well. The timing for all of this couldn’t be better, as money has been flowing back into the broader crypto market, and a rally looks […]
Cardano has been on the rise recently to the surprise of many in the space. Not only has the value of the digital asset gone up but the total value locked (TVL) on the network has also been surging. This comes off the back of a disappointing downtrend that saw ADA fall to $0.5. Nevertheless, […]
Amid the crypto market downtrend, crypto analyst Master Ananda has provided a bullish outlook for the Cardano price, predicting it can still reach a new all-time high (ATH) of $8.11. The analyst also raised the possibility of ADA reaching $10. Cardano Price To Reach New ATH Of $8.11 In a TradingView post, Master Ananda predicted that the Cardano price could rally to a new ATH of $8.11 as it records “massive growth” this year. The analyst affirmed that ADA is officially in bull market territory following the completion of the first wave of the initial bullish breakout. In line with this,....
Cardano (ADA) has maintained a relatively steady upward trend over the past few weeks. Although the cryptocurrency was rejected at the $0.84 price level again last week, the current price action is still holding strong with only a minor drop in the past 24 hours. However, technical analysis deeply rooted in Elliott Wave theory now suggest a steep price decline could be looming for ADA, with a price target pointing as low as $0.42 in the weeks ahead. Bearish Elliott Wave Count Says Wave C Breakdown Ahead According to the Elliott Wave count presented in a technical analysis on TradingView,....
Data shows the total volume of the Cardano-based NFTs has reached a new all-time high after surging up more than 300% in the last ten days. Cardano Daily NFT Volume Sets New ATH At 4 Million ADA Ater having remained low for the last few months, the 24 hour volumes on the ADA non-fungible token […]