ADA Price Analysis and Predictions; October 14, 2021
ADA Price came down to $2.07 on Tuesday. At that level, it found support and bounced back upward. Once again, by reaching $2.15 the uptrend had to halt and back down to $2.07 yesterday. As expected, ADA had another support at this level and formed a double bottom pattern for another bull run. ADA price […]
ADA Price Analysis and Predictions; October 6, 2021
ADA Price was inside an upward channel in September and it managed to reach $2.32 on October 2nd. At that point however, by touching the ceiling it faced resistance and had to back down. On October 3rd, ADA lost the upward channel by going below the $2.25 support level in the bottom. With that, the […]
A Trading Hamster Outperforms S&P 500 in Trading!
“Though this be madness, yet there is method in’t.” ah yes! In a world full of Trader Bros, in a bombardment of bullish and bearish signals, it had to be a hamster to outperform some of the most educated traders. A witty user on Twitter named @Mrgoxx has been kicking names and taking stonks lately. […]
ADA Price Analysis and Predictions; September 22, 2021
ADA price found a solid support at $2 on September 21st and started a new uptrend. Following that, ADA found itself on an upward channel and reached $2.35 on Thursday. Unfortunately, the price pivoted downward after touching the ceiling and went for a correction. Yesterday, ADA was deeply affected by the bear market and dipped […]
ADA Price Analysis and Predictions; September 22, 2021
ADA price found good support yesterday at $2 and bounced back with an upward trend reaching $2.18. It managed to touch $2.2 momentarily but failed to surpass the downward trendline and had to back down. During the decline, ADA lost the $2.1 support and fell as low as $1.98. At some point, it touched the […]
ADA Price Analysis and Predictions; September 16, 2021
ADA price finally managed to break through the $2.3 to $2.4 zone and reach $2.5. At some point, ADA even surpassed the $2.5 and the SMA100 and touched $2.6 but had to go for a price correction. During the correction, ADA price had to back down to $2.4 but found support yet again. Currently, the […]
Cardano Officially Launches Smart Contracts Capability
Following months of anticipation, the Cardano network finally added smart contract capability. If you want to know more about the Cardano network, read our article What is ADA. Cardano`s Alonzo Hard Fork As part of the Alonzo upgrade, Cardano has added a host of new capabilities. Despite the smart contract being the primary, the network […]
Cardano Platform is Being Showered with Money!
There is a massive amount of money being invested in Cardano platform ahead of the Alonzo upgrade. It was only a few weeks ago when the amount of money staked in Cardano platform reached $31 Billion. And now, reports indicate an astonishing 10.1 million weekly inflows into ADA-related products. You can read more about the […]
Cardano Price Analysis and Predictions; August 24, 2021
Cardano price had a strong bullish run starting in August 21 from $2.40 and managed to reach near $3 yesterday. However, ADA lost momentum after touching $2.98 and had to back down to $2.85. It was again supported at that point and climbed back to $2.92 yet once again had to halt. As of now, […]
Cardano Price Analysis and Predictions; August 21, 2021
Cardano price had a successful breakthrough surpassing the $2.20 and $2.30 in a bullish run starting two days ago. Yesterday, ADA managed to move beyond $2.35 to $2.40 zone and approach $2.60. At that point however, it lost momentum and had to settle back down to $2.4. Fortunately, Cardano price found good support and started […]
ADA Price Analysis and Predictions; August 10, 2021
Before we go on with our exclusive daily technical analysis, you can read about what is ADA and the Cardano project to have a better insight. Two days ago, ADA price failed to surpass the $1.48 to $1.49 zone and had to back down to $1.40. Yesterday however, the price was found support and had […]
What is ADA? A Guide To the Cardano Project
In this article we seek to provide an introduction to What is ADA, a cryptocurrency on the rise that is a favorite among analysts and investors alike. To answer what is ADA, we first need to introduce the Cardano project. As a blockchain network, Cardano is an extensive ecosystem with the native token ADA. Cardano […]