Cardano (ADA) Moved Upwards After Consolidation, What To Expect Next?
Cardano showed an uptrend after it was trading laterally, the coin has now settled above the $0.47 support mark. Over the past week, the coin gained 7.2% but over the last 24 hours ADA lost 1% of its market value. After the consolidation, the coin targeted its immediate resistance mark. If the coin continues to remain at the current price level then bulls can be back in the market for a longer time period. The buyers also seem to be back in the market which has pushed ADA to show signs of relief. If buying strength loses its vigour then, the coin can move to $0.45, post which the coin can....
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Cardano price has brought the bulls back to its chart. In the last 24 hours, ADA has appreciated over 7%. This price movement could be termed a rally. ADA had made no progress in the last week. However, it has soared up considerably over the past 24 hours. Technical indicators have sided with the bulls as demand for the altcoin rose. If the current price momentum continues over the next trading sessions, ADA could expect the bulls to regain better control over the market. The demand for the altcoin showed considerable appreciation, which has led to an increase in the number of buyers on....
Bitcoin has moved much higher over the past two days after many weeks of consolidation. Throughout most of September, the cryptocurrency traded snug between $10,000 and $11,000. As of this article’s writing, the coin has moved up to $11,050 as it breaks higher on fundamental and technical trends. For one, the U.S. dollar is plunging as stimulus talks have seemingly restarted in a manner that should boost alternative assets. Analysts think that this may be […]
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns in 2022. Cardano Price Similar to Ethereum, the Cardano network is an open-sourced blockchain platform that deploys smart contracts to leverage DeFi (decentralized finance) protocols, NFT interoperability and more.....
Popular U.S. brokerage platform Robinhood has listed Cardano (ADA) for its customer. Users will be able to trade the cryptocurrency starting today and gain exposure to its spot price. Related Reading: IOG Says Cardano Vasil Hard Fork Is Almost Here, But What Is ADA Doing? According to the announcement, Robinhood listed Cardano due to popular demand. The cryptocurrency has been a retail favorite for years and has managed to make its way into the crypto top 10 by market capitalization. Over the past months, Cardano (ADA) has moved between the third to the eighth most valuable cryptocurrency....
Ethereum was bullish on its chart today at the time of writing. ETH broke its consolidation phase and rose upwards by 4% over the last 24 hours. The king altcoin secured $1900 as a strong support level. After the coin moved past the $1700 level, the bulls started to show up in the market. The demand for the altcoin also came back into the market after Ethereum moved up and past the $1700 price mark. Continued buying strength can push ETH to trade above the $2000 price level. If the bulls continue to trade above the $2000 price level then the recovery would remain strong in the market.....