Cardano (ADA) Reclaims Strong Buy Territory – Here’s How
Cardano (ADA) was enjoying the uptrend last month. Following the price rally that insinuated a rise in the entire crypto market, crypto prices have nosedived again in the past week. ADA prices reaches buy zone Cardano lost 18% the past week ADA price drops 2.88% as of press time After the formation of that uptrend that drove the entire cryptocurrency market higher, prices crashed heavily in the past week. On average, the crypto market shaved off around 12% in the past week. Cardano lost roughly 18% and shoved ADA prices to the buy zone. So, is it advisable to buy the dip at this point? Or....
Related News
It’s been a strong past two days for the crypto market, especially Cardano. Following up on Bitcoin’s 5% rally from its lows, ADA has gained 15% in the past 24 hours and even more in the past 48 hours. This makes it the best-performing cryptocurrency in the top 100 over the past 24 hours according […]
The crypto market has not been in the best of places recently and Cardano (ADA) has been feeling the heat especially hot lately. The digital asset which remains one of the popular and largest by market cap has had a hard run of it lately, pushing it further into the bear territory. As ADA continues on this trend of low momentum, hot on the heels of the market decline, indicators have proven to not be in the favor of the token’s value. Market Declines By $80 Billion During the weekend, the market had suffered consistent dips. Following the price of the leading cryptocurrency Bitcoin, most....
Cardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent into the red territory causing them to be taking massive losses at the current prices. Cardano Holders In The Red Much like the majority of the market, Cardano has seen its value decline in recent days. This has been a result of the slowing market momentum which has been....
Cardano has focused its attention on projects which are building on the blockchain. This is because after the launch of smart contracts capability on the network, the next phase was getting developers to deploy their applications on the ecosystem. Cardano, through EMURGO, has invested in a number of startup projects to boost the adoption of […]
Cardano (ADA) rallied alongside the entire market as the weekend drew to a close. However, the digital asset did investors one better as it recorded one of the highest single-day movements during this time. Growing as high as 50%, it has now conclusively left behind the below $1 territory that it had been struggling with […]