Cardano is in an uptrend rallyHello there!
I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market.
Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions.
To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis will be helpful in your trading journey and wish you all the best.
Sincerely,
Adausd
ALT COINS - IS IT TIME???Hey Gang!
Been a while - But it may be time for the crypto space to be coming back to life again!
This is the market cap of all altcoins as we can see here we had what seems to be a successful breakout and current retest of money flowing into altcoins
Grabbing a bag of any top 20 altcoins - cant go wrong imo
$ada Cardano ready to breakout of accumulation Any day now LSE:ADA will breakout of over a year of accumulation. It is one of the few coins that haven't seen a significant rally as of yet. That is about to change in my opinion. A conservative price target would be $1.05ish where the 77 Vwma currently sits. A 155% gain. A timeframe on this would be about 2 months to target.
CARDANO: Hydra update Bullish for ADAHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
Cardano (ADA) has gained significant global recognition as a blockchain platform due to its emphasis on scalability, security, and interoperability. Frederik Gregaard, CEO of the Cardano Foundation, recently shared his vision for potential use cases, envisioning a future where Cardano plays a pivotal role in areas such as supply chain management, digital identity, and decentralized finance (DeFi).
In recent developments, Cardano welcomed the launch of Empowa, a new platform built on its network, which aims to address the housing crisis in Africa. Empowa operates as a DeFi platform, providing affordable housing loans to low-income families within the country. The platform operates entirely on Cardano's infrastructure, demonstrating the platform's capability to support innovative solutions.
Furthermore, Cardano has introduced Hydra, a scalability solution designed to enhance its mainnet's transaction throughput. Hydra serves as a layer 2 scaling mechanism that enables a significant increase in transactions per second while maintaining the security and decentralization aspects of the Cardano network. This becomes particularly significant as Ethereum experiences surging gas fees, prompting users to explore alternative options.
Looking ahead, Cardano's founder, Charles Hoskinson, who is also a co-founder of Ethereum, consistently emphasizes the importance of true decentralization as a global imperative. Cardano continues to prioritize scalability, security, and interoperability, attracting developers and entrepreneurs interested in building decentralized applications with practical use cases. With the recent launch of Empowa and the upcoming implementation of Alonzo, Cardano showcases its potential to emerge as a significant player in the realms of DeFi and smart contracts. The introduction of Hydra further strengthens its position as a secure and scalable blockchain platform.
The underlying technology of Cardano and its recent launch have the potential to disrupt traditional financial service providers and institutions in several ways:
Decentralization and Trust: Cardano's blockchain technology operates on a decentralized network, meaning that it does not rely on a central authority or intermediary for transactions and record-keeping. This decentralized nature eliminates the need for traditional financial institutions as middlemen, reducing transaction costs and increasing trust in the system. By leveraging blockchain's transparent and immutable nature, Cardano offers a trustless environment where participants can interact directly without the need for intermediaries.
Scalability and Efficiency: The scalability solutions implemented in Cardano, such as the Hydra protocol, enable the network to process a high volume of transactions per second. This scalability advantage allows Cardano to handle a large number of users and transactions simultaneously, providing efficiency and faster settlement times compared to traditional financial systems that may suffer from bottlenecks and delays.
Lower Costs: Traditional financial institutions often impose high fees for various services, including remittances, loans, and cross-border transactions. Cardano's decentralized infrastructure and smart contract capabilities can significantly reduce costs associated with these services. For example, decentralized finance (DeFi) platforms built on Cardano can provide lending, borrowing, and other financial services at a fraction of the cost compared to traditional intermediaries.
Inclusion and Accessibility: One of the key advantages of Cardano is its potential to provide financial services to underserved populations. By leveraging its interoperability features, Cardano can facilitate cross-border transactions and enable access to financial services for individuals who are unbanked or underbanked. This inclusivity can help bridge the gap between different economic strata, empowering individuals and communities that have been historically marginalized by traditional financial institutions.
Innovation and Smart Contracts: Cardano's platform enables the development and execution of smart contracts, which are self-executing contracts with predefined conditions that automatically execute when the conditions are met. Smart contracts offer a programmable and auditable framework for various financial applications, including decentralized exchanges, lending platforms, and insurance services. The ability to create innovative financial products and services on Cardano opens up new opportunities for entrepreneurs and developers to disrupt the traditional financial landscape.
While the adoption of Cardano and its technology in the mainstream financial industry is still in its early stages, the platform's focus on scalability, security, and interoperability positions it as a potential competitor to traditional financial service providers and institutions. As Cardano continues to evolve and attract more users and developers, its impact on traditional finance could become more significant in the future.
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KUCOIN:ADAUSDT COINBASE:ADAUSDT BINANCE:ADAUSDT CRYPTOCAP:ADA COINBASE:ADAUSD KRAKEN:ADAUSD BITFINEX:ADAUSD
Exciting Cardano Rallies with New Resistance Targets!
Cardano (ADA) is on fire, and we have some thrilling updates to share with you. Get ready to long ADA and ride the wave of Cardano's incredible rally!
Cardano has been making some serious waves in the market, and we couldn't be more thrilled. The recent rallies have been nothing short of extraordinary, with ADA showing remarkable strength and resilience. We're excited to announce that our expert analysts have set new resistance targets for Cardano, ranging from 0.38 to 0.41. Yes, you read that right - Cardano is aiming high, and it's time for us to join the party!
Why should you consider long positions on Cardano? Well, let's take a moment to appreciate the immense potential this cryptocurrency holds. Cardano has been making significant strides in the blockchain space, with its innovative technology and commitment to scalability and sustainability. The recent launch of the much-anticipated Alonzo hard fork brings smart contract capabilities to Cardano, opening doors to a world of exciting opportunities.
With the introduction of smart contracts, Cardano is poised to become a leading platform for decentralized applications (DApps) and DeFi projects. The market sentiment is overwhelmingly positive, with investors and developers alike flocking to Cardano's ecosystem. This surge in interest is fueling the ongoing rally, and we firmly believe that the momentum will only continue to grow.
So, what's the call-to-action here? It's time to seize the moment and take advantage of Cardano's upward trajectory. Don't miss out on this thrilling opportunity to long ADA and potentially reap substantial profits. Our team of experts has carefully analyzed the market dynamics and set the resistance targets at 0.39 to 0.41. Now is the time to act, and we encourage you to consider opening long positions on Cardano.
Remember, trading always carries risks, and it's essential to conduct your own research and make informed decisions. However, with Cardano's recent developments and the market sentiment in its favor, the potential rewards are simply too enticing to ignore.
If you're ready to embark on this exciting journey with Cardano, we're here to support you every step of the way. Our team of experienced traders and analysts is available to provide you with valuable insights, market updates, and trading strategies to help you navigate the Cardano rally successfully.
Don't let this opportunity pass you by! Long Cardano (ADA) now and join the ranks of traders who are capitalizing on this thrilling rally. Together, let's ride the wave of Cardano's success!
Cardano Projection (2024-2025)ADA still in the early stages of the bull run. I believe this coin will be a great hold for this upcoming bull run as long as you are patient.
BTC halving is still over 4 months away but we can see what happened to the price last cycle after the halving occurred. Price is currently following the same consolidation pattern as last cycle before lift off.
Eyeing a potential top around $5 to $6 in Q3 of 2025.
Let me know your thoughts down below
Cardano ADA - Bull Cycle - BUY & HODLCardano is getting ready for Black Friday.
It's on Sale, and it's time to lead some more, on each big dip.
ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern.
I am holding and loading more.
My next good level: $0.15 .
Technicals:
* Elliott Wave A-B-C Pattern
* Fibonacci Retracement
* Demand Zone
* Cycle Analysis
* Bullish Divergence
My Fibonacci Time Zones tell me that early '23 is BOOMING!
One more dip please, and then we wait for Valhalla.
🐳Cardano will Go Up Again🐳As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🤑Stay awesome my friend.
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🚀👀 ADA READY to Move ! we are waiting to BTC :) ADA currently in a triangle whose exit will show the further direction. The traffic volume is approximately 15%.
The CHOP Index on a one-day interval is very highly charged.
RSI also ready to move. We are waiting to see what the BTC king will show.
Good Luck !
ADA: buying opportunities comingIf we assume crypto markets overall are out of the bear market, then June 2023 low should be it for ADA. Since then, it seems to be forming some kind of a leading diagonal. Leading diagonal structures are painfully corrective and designed to keep people out of accumulation phase. So, if it is in fact, a leading diagonal structure, then we should see some heavy downturns for Minute wave 4 and then the minor wave 2 back to mid to low 20 cent range. And like always most will stay out of buying, as they will think it is going sub 10 cents. For me, the math is pretty straight forward. I will buy the dips every time it is sub 30 cents with a stop loss at 23 cents. Because if the leading diagonal is invalid, breaching 23 cents will confirm it and price would head back sub 10 cents. For me, this will be a good risk/reward long term play for now.
ADA perspective for short - med termThis is not a signal to buy/sell. NFA
We see the price nowdays are way harder than usual to analyze, "big boys" wont be easy because of sentiment #etf and #halving2024. They'll and still manipulating the price because they wanna control it.
Dont be fanatic or being bullboy, this price has been abnormal hiking without any healthy correction. Better to stay away and dont be FOMO! Or those "big boys" just laughing and enjoying your money.
Good luck, Smart Trader!
Cardano is failing at 0.4. I'm looking to sellIn my previous analysis of ADA/USDT, I highlighted that as long as Cardano maintains support above the 0.24 zone, there's a strong likelihood of a reversal towards the range's resistance at the 0.4 zone. Recent optimism in the crypto market has indeed facilitated this movement, with the coin witnessing an approximate 60% surge over the past month.
However, the overall structure for ADA remains range-bound and not decisively bullish. Therefore, a potential retracement could be on the horizon. My strategy is looking for opportunities to sell on any spikes above 0.4, targeting a drop back to the 0.3 level, with a rise above 0.42 negating this outlook.
ADA Going to $0.32? Head and Shoulders Pattern Appearing!ADA is currently in a fanning bull channel, meaning the support and resistance lines "fan out" or widen as the trend continues. The final bull push happened at the head of the head and shoulders pattern, signaling the end of the trend. The right shoulder is currently forming and once the price falls to the channel support, could mean Cardano falls to at least $0.30.
How do we trade this?
The probability of profit is always greater trading with the trend, but we have a reversal pattern playing out which brings us pause entering in a long. Bitcoin, a leading indicator of the crypto market, is stalling in price and pulling back. My recent 4HR and Weekly analysis depicts Bitcoin's fate, which shows a falling price. This could hinder ADA from climbing in price, so we need to see what happens when it comes in contact with the trend support line around $0.36.
If we see a bull signal bar (strong bull bar closing near its high with a tail 1/3 to 1/2 the size of the bar) followed by a strong bull confirmation bar (large bull bar closing on or near its high), then we have a long signal.
If ADA has a bear bar closing below the channel support followed by a failed attempt to come back into the channel (confirmation), then it is reasonable to short to the 4HR 200EMA around $0.32.
Key Points
1. Fanning Bull Channel: Price swings increase as the trend continues, probability of profit is higher when longing
2. Potential Head and Shoulders Forming, a reversal pattern that should bring pause when wanting to enter a long
3. Bitcoin is a Leading Indicator, the Risk of Pullback, could hinder ADA's ability to climb
4. RSI has Room to Fall. A weak indicator on its own, but supports #2 and #3
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Above 0.3808, full-fledged upward trend beginsHello traders!
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(ADAUSDT chart)
The chart showing the same movement as the current ADA is ambiguous.
The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone says.
So, you would expect it to be on the rise, but looking at the 1M chart you can see that's not the case.
(1W chart)
If you look closely at the chart, you can see that it is not in an upward trend, but is just trying to break out of the bottom.
Therefore, it can be said that the upward trend is likely to begin only when the price rises above 0.3808 and is maintained.
(1D chart)
Looking at the 1D chart in a narrow range, it seems that it is showing a tremendous upward trend.
Therefore, looking at the current movement, it may seem that the price is about to turn to the downside.
Therefore, even if it rises above 0.3824 and shows support, you are too scared to buy it and just look at it.
As you can see from the 1M chart and 1W chart, these charts are just showing signs of breaking out of the bottom section.
Therefore, it is time to buy when it rises above 0.3808 and shows support.
If you wait for fear that the price will fall further when it is at the bottom, and wait for the price to start falling when it rises to a critical point, you will inevitably end up buying at a bad purchase price.
Therefore, you need to make aggressive purchases with an investment proportion that does not cause psychological damage, watch and respond.
In a rising market, you should look for an opportunity to buy when the 1D chart is a falling candle, and in a falling market, you should look for an opportunity to sell when the 1D chart is a rising candle.
Therefore, in a rising market, you should buy when there is a pull back pattern, and in a falling market, you should buy through a breakout trade.
Based on these basic trading strategies, you must create a trading strategy that suits you and start trading.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Crypto Forecast: ADA ☀️ 24 Hours; Correction in 1 WeekClouds lie ahead for the global crypto market, including Bitcoin and Ether in the next 24 hours, translating to a slightly bearish trend. ☁️ Altcoins Cardano, Dogecoin, Polygon, and Chainlink, however, enjoy bullish sunshine.
Over a one-week horizon, the ☀️ bullish sun will return for both Bitcoin and Ether. Yet, cloudier bearish trading conditions will prevail over Ripple’s XRP, Cardano, Binance Coin, and Polkadot. ☁️
Follow us for more crypto weather reports!
CARDANO PRICE PREDICTION 2023-2032: IS ADA A GOOD INVESTMENT?CARDANO PRICE PREDICTION 2023-2032: IS ADA A GOOD INVESTMENT?
Cardano Price Predictions 2023-2032
Cardano Price Prediction 2023 – up to $0.37
Cardano Price Prediction 2026 – up to $1.30
Cardano Price Prediction 2029 – up to $4.17
Cardano Price Prediction 2032 – up to $12.87
Cardano stands out as a project with remarkable potential beyond its role as a tradable asset. Rooted in scholarly peer-reviewed research, it has cultivated a robust community over time. Here, we delve into the essence of Cardano and offer a projection for the future value of ADA.
How much is ADA worth?
The live Cardano price today is $0.3906 with a 24-hour trading volume of $524,566,095. Cardano is up 0.91% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $13,707,615,190. It has a circulating supply of 35,268,531,003 ADA coins and a max. supply of 45,000,000,000 ADA coins.
Cardno price analysis: ADA surges to $0.3906 as bullish momentum resurges
TL; DR Break down
Cardano price analysis shows a positive trend in the cryptocurrency market.
The digital asset’s price has surged more than 0.91% over the past 24 hours.
ADA price trades in a range of $0.3716- $0.3944.
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉
I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
Incase you missed the previous one, find it here :
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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