Cardanobtc
Strong upward crypto: cardano uptrendCardano is working on a fresh start towards new heights. So far, we have followed a slow upward crypto ($ ADA; USDT), which still manages to keep the progress towards a new high. I have a theory that the crypto's uptrend reaches a roughly estimated estimate of 5.00 in price value before we record a further decline, as before.
Cardano is heading for a new peak.Cardano is currently in a tame rising state, whereupon it slowly manages to process its longer descending transitions.
Cardano is super flexible and it has super much potential when it first seeks the green direction. The approach of the analysis I have drawn up shows strong progressive signs of gradual increases in Cardano's price levels. It regulates between 2.1 to 2.5, subsequently 2.5 to 3.0. There is a probability that the crypto will reach a new height by November.
Happy Trading!
Substance in Cardano: The crypto creates new signals!In the chaotic declining market, we now see new opportunities for a relatively large turnaround, which could reach an all-time-new high on the scale. I have no doubt that investors and Cardano buyers are tired of the declining gray market, when it is said that a red market is in fact a healthy expense, which increases our passion for a green strong market, and great returns.
ADA is retracement, buy hereAda is retracement right now due to bitcoin price is going down. If bitcoin price drop until 44000-42000, cardona price can retrace until 1.40-1.50 this is possible. if bitcoin break 42000 and go further down to 38000. I think cardano will keep going down further.
If you are in the spot is not a good time to buy until it reach 1.40 and see how.
Cardano essential uptrend!As Cardano investors, you have to be persistent and hold your position until a green solution emerges. We need to be patient and less demanding, the market is red and we need to HOLD!
Cardano possesses a red downward trend, which is reversed at a bullish unknown time. After this reversal, some high economic conditions will emerge, which will benefit our green numbers. My best advice is to follow the analysis, and pay attention to the state of the crypto state.
Cardano in a Falling wedge.The price of Cardano seems to be printing a falling wedge pattern, which has bias to break to the upside.
Support is located at $2.30, very close to current price where I decided to buy some after seeing this pattern occur.
The price continues to find support on daily 50 EMA, which gives me confidence that the daily uptrend will continue and find support the same way as Bitcoin did on the bespoke 50 EMA.
My target will be at $3.00.
Cardano Upward BreakoutThe crypto is in an upward triangle, which turns the red market into the green.
Cardano has a strong resistance of 3.4, ie a $ 1 from the previous all-time-high '2.4' before the crash.
I hold Cardano myself and I stay long in the crypto as it is powerful and intense like the leading crypto on the market.
😞🎼 ADA CARDANO - Love Requires Patience ⏱️❤️🩹Come on ADA,
You keep postponing, you keep snoozing, then you become active when we are almost asleep, bored and discouraged.
Kind of reminds me of this song: Wake me up when September ends 😞🎼
News/ update:
Cardano’s Alonzo upgrade has seen more than 100 ‘smart contracts’ processed in the first 24 hours.
The third largest blockchain platform in the world, Cardano’s successful update gives it smart contract functionality, providing developers with the ability to create apps that can utilize the advanced capabilities of its blockchain.
The Alonzo upgrade marks the first stage in creator Charles Hoskinson’s plans to advance a fairer global financial system at a reduced monetary and environmental cost. Within 24 hours, the platform has already seen more than 100 smart contracts run on the network, with its first decentralized application also already deployed.
Blockchain is set to play a pivotal role in the future of applications. In fact 61% of software developers say blockchain is a ‘game changer’. By building decentralized apps – or ‘dApps’ – on the blockchain, developers minimize the security compromises of traditional apps, which live on a central server, instead utilizing the security of a global network of thousands of computers.
However, creating apps on the blockchain has, until now, been inaccessible for many developers, who are faced with high and unpredictable costs, as well as energy inefficiencies.
As a result, implementing blockchain for smaller enterprises has often not been a truly viable option without having to compromise on sustainability goals or business costs.
Energy efficient
Cardano claims to solve many of these issues. Its blockchain uses an innovative mechanism for verifying transactions, meaning the whole network is significantly more energy efficient than Bitcoin. Its ability to accurately predict transaction costs also provides price stability, allowing developers to build applications without risking lost transactions or unexpectedly high costs.
This year has been pivotal for IOHK, the engineering company behind Cardano. In April, it announced the world’s largest blockchain deployment. Five million teachers and students in Ethiopia were provided with instantly verifiable IDs, facilitating better lesson planning, monitoring of student progress, and allowing the government to be better sighted of future workforce planning needs and gaps. For students, it also allowed them to share verifiable qualification details with employers.
So come on ADA,
Just Fly to 4$ now
the FXPROFESSOR
Cardano is far too flexibleCardano is far too flexible.
The crypto increases over a longer period, and decreases gradually uncontrollably in short variations.
I have initiated this analysis in order to give you an understanding and a perspective on when Cardano's possible gradual increases can take place. Cardano also has a short-range slider of 3.2 when the crypto once rises.
ADA Smart Contracts Scalability IssueHi Guys,
ADA / USDT
The launch of smart contracts on ADA's public TESTNET has shone a light on old protocol design challenges.
Key Takeaways
ADA's EUTXO-based protocol design has proven challenging for decentralized application developers.
Minswap, the first decentralized exchange to launch on Cardano testnet, faced immediate scaling issues last week.
While several projects claim to have solved the concurrency issue, none have publicly revealed their solutions.
ADA, the third-largest cryptocurrency with a market cap of over $82.8 billion, has become the subject of criticism as its
ecosystem infrastructure does not allow for the most basic decentralized applications to function without facing immediate scaling issues.
ADA is facing a major scalability hurdle.
Input Output, the development company behind Cardano (ADA), announced the launch of the Plutus smart contract functionality on testnet last Thursday. Since the update went live, Minswap, the first decentralized exchange to launch on testnet, has run into severe scaling issues, raising concerns about Cardano’s capability to run smart contracts.
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Cardano(ADA) Price Prediction Until The End Of 2021Hello crypto investors,
This is my first ever price prediction here on TradingView. I hope you will like my Cardano($ADA) price prediction.
Since the last bottom, 96 days ago, Cardano increased its marked cap twice. I believe this is due to much viral news(mainly rumors) about Cardano's smart contracts. Imagine what will happen when they actually introduce the smart contracts in the system.
There may be a small % of people(newly crypto investors) that will sell because of the 2x. Hence I expect a price drop to around $2.50 this month. At $2.65 and below I will start adding more $ADA to my portfolio.
As usual, there will be a quick jump to ~$ 3.40 and then followed by a small drop in the price to ~$3.00.
In late October or early November, I expect $ADA to start a new bull rally. Until the end of the year, the price should reach ATH around $4.00. Maybe we will test the $4.20 zone but nothing more.
What are your predictions about $ADA until the end of the year? Let me know in the comments.