Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. Daily chart: - Price shows a...
Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. Daily chart: - Price shows a...
Intro: - Cardano is one of Ethereum's main competitor. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom. Daily chart: - Price keeps hovering above 2$ and so far stays below the descending purple line. - Volume pumps and dumps and probably drops until we see a breakout. - RSI analysis shows a descending behavior...
Intro: - Today is the official launch day for the goguen era and with it smart contracts which will result into a vast ecosystem. This is the update the whole Cardano community waited for years now and patience seems to be rewarded. - Guys please give me some feedback to improve my charts, analysis and commentaries. Daily chart: - We did reach the anticipated 3$...
Cardano did rally to new ATH around 2.4$. Some speculations about Elon accepting ADA as payment did help as well. At one point the FUD did influence the price and we saw a huge shakeout well >50%. Luckily most people in the Cardano system are more of the hodl and stake type so we don't expect mass panic in ADAland. Currently we got back new upwards moving...
The Cardano special took place the 29th of April. We got introduced to the newest projects where 5Million Ethopian students use the Cardano Blockchain with another option for 20 million users if it succeeds. The price of ADA didn't care about this at all. So we expect further sideways trading as suggested as well by the RSI. We found support from the Fib over...
Like the whole crypto markes Cardano as well took a hit. However, we see a strong buyback to higher prices which indicates the demand. The Africa Update is around the corner and Cardano keeps delivering. Hodler will get the reward, just be patient. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If...
we still waiting for ADA the best crypto currency after BTC...🚀🚀🚀
ADA, which was consolidating for the past couple of weeks, made a call up; only to fall back to it's old point shortly after the market cap went down by 5%. You might be wondering would ADA be able to recover from the blow... and guess what? it is!!! ADA almost makes a golden cross in the hourly, also keeping it within the 40-60s range in the RSI; showing a...
The same infos holds as posted for ADA/USDT. Here we see an excellent example for a bullish Head and Shoulders breakout. We reached the first resistance line and are currently consolidating bellow. For new entries you could take the price indicated by the box. We are very confident that we will reach all our targets set within this chart. Basic rules: - Never...
Cardano reached d=0 and is now fully in the hands of the thousands of stakepools. This truly is a milestone and Cardano is still just starting. Dapps are around the corner and are expected to be live within the next months. In our oppinion Cardano is one of the best coins for longterm holdings. The volume decreases steadily since we are within consolidation...
RSI made double bottom around 50. MACD is about to cross bullishly after a long while. EMA10-21 bearish cross didn't happen even when price dropped to 1.04$. It means very strong support around 1$ area. ADA generally follows equiparabolic curves ( Purple Curves) with higher low formation when price go up. BTC started to rise and altcoins will eventually follow BTC...
In my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it). The protocol...
Cardano Goguen "MARY" update testing began last month, hardfork to occur March 1st and turn ADA into a "MULTI-ASSET and SMART CONTRACT blockchain." If you haven't read up on Cardano's blockchain-tech advances, please read this full article from IOHK, the developer, immediately . iohk.io "When Mary turns her crypto key within the network, we will unlock the...
There isn't a lot to go off of when it comes to ADA Cardano. One solid pump and dump when Cardano first hit the exchanges...and that's about it. I took a Fib Retracement AAALLL the way back to the beginning. Since it has been so long and the Cardano program has come such a long way, I think we are in for a treat. Cardano is a long hold for me. I personally...
Long Cardano ( ADABTC ) here. Strong pullback from support on weekly timeframe and steady growth. First target 540 satoshi, second one - 630 satoshi. Invalidation - falling below weekly low. Sneaky option - Trying to catch wick into 450 level, left some bids there. Hit the "LIKE" button and follow to support, thank you. Information is just for educational...
You want to accumulate more ETHEREUM? Just enter into this ADA trade,get some ADA and after golden cross you can change some ADA for ETH to accumulate more ETHEREUM . ADA also will get the span support from ichi at 3 weeks after 30 december(3 weeks candle close ). -RSI still in bullish zone(Above 50) -Stochastic bullcross -MACD green still in positive zone ADA...