Key facts today
Cardano (ADA) declined from $0.66, with sellers dominating. Support at $0.60 is critical; failure may drop prices to $0.50 or $0.40. Buyers need to push above $0.71.
Cardano's (ADA) RSI is above 30, signaling oversold conditions and a possible short-term rally. Negative exchange netflow shows a shift to self-custody, often preceding bull runs.
On-chain data shows long-term Cardano holders are selling, with the 'Age Consumed' metric reaching a 9-month high, indicating rising selling activity among investors.
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
Cardano (ADA) - BIG falling wedgeCardano (ADA) Technichal Analysis
ADA has been trading within a falling wedge – a pattern that often signals a potential breakout.
✅ Watch the green trendline as key support. If price holds above, we could see bullish moves within the range.
⚠️ Break below may lead to uncertain, choppy territory.
ADA - hope for the best, plan for the worstDaily TF
Key level @ 0.73
Breaks above this level and the downtrend would send Cardano to 0.98
With mega-bullish target @ 2.20 - 2.40 price range.
5 touches @ 1.15 - 1.17 range which could be another Take-profit zone enroute. I think also a hedge-short bet at this level could work as a separate t
Cardona: Keep accumulating at lower pricesHello,
Cardona is currently correcting on the 2 days' timeframe. Looking at the Fibonacci retracement, the pair has retraced from the recent top and is trading near the 78% retracement level. The coin is currently correcting hence setting up for a good opportunity for buys. The flag pattern is a gr
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Frequently Asked Questions
Cardano (ADA) reached its highest price on Sep 2, 2021 — it amounted to 3.08728 USD. Find more insights on the ADA price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Cardano (ADA) reached the lowest price of 0.21893 USD on Jun 10, 2023. View more Cardano dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ADA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ADA right from TradingView charts — just choose a broker and connect to your account.
You can discuss Cardano (ADA) with other users in our public chats, Minds or in the comments to Ideas.