Cardano (ADA) Sets Sights on New Gains: Is a Surge Imminent?
Cardano price started a consolidation phase above the $0.700 zone. ADA is holding gains and might aim for a fresh increase above $0.7880. ADA price started a downside correction after a strong rally toward $0.8200. The price is trading above $0.740 and the 100-hourly simple moving average. There was a break above a short-term contracting triangle with resistance at $0.7550 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.7880 resistance zone. Cardano Price Holds Gains Above Support In the past few days, Cardano saw....
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Cardano’s price started a strong surge above $0.7000 and $0.8000. ADA is consolidating gains and it is likely to continue higher above the $1.00 resistance. ADA started a strong surge above the $0.6500 and $0.7000 resistance levels against the US dollar. The price is now trading well above $0.8500 and the 100 simple moving average […]
ADA, the native token of the Cardano blockchain, is on a bullish run. The token has gained over 13% in terms of price movements as it tries to recover its October losses. ADA also boasted significant gains earlier today; however, it is down 1.46% at $0.4046. Cardano’s weekly gains are not the only thing community members are celebrating. The blockchain’s NFT sector has also experienced substantial gains. Cardano community members also hope that some big changes will come to the blockchain this November. Related Reading: Dogecoin (DOGE) Rallies With Over 10% Gains; Will Price Finally Hit....
Cardano (ADA) has been stuck in an accumulation zone for a couple of months now and has not seen the kind of run-up other large cryptocurrencies have experienced. This continued accumulation as well as trading in a very tight range could mean a very significant breakout when it finally happens and one crypto analyst has predicted an incredible surge along these lines. Cardano Could See A 16,500% Surge Tim Warren, one of the hosts of the Investing Broz show on Discord, took to X (formerly Twitter) to share a rather bullish Cardano chart. In the chart, Warren points out Cardano’s previous....
Dogecoin was what first made 33-year-old Glauber Contessoto a millionaire. Contessoto had first shared his story of how became a millionaire with the meme coin back in April. This had only been two months after Contessoto had first learned about Doge. He ended up putting his entire life savings into the meme coin. And it […]
On-chain data has provided insights into how Cardano (ADA) investors will likely react to the crypto token’s recent price surge. Cardano has been one of the leading gainers in the crypto market in the last seven days, with a price gain of over 14% during this period. Related Reading: Cardano Chang Upgrade Launch: ADA Sees 52% Explosion In Major Metric Cardano Could Face Significant Selling Pressure Cardano could face significant selling pressure from investors who recently entered the money following the crypto token’s price surge. Data from the on-chain analytics platform Santiment....