Cardano (ADA)

Dogecoin Takes Cardano’s Spot As 8th Biggest Crypto

Dogecoin Takes Cardano’s Spot As 8th Biggest Crypto

After an unbelievable surge of more than 115 percent, Dogecoin has taken Cardano’s spot to become the eighth largest crypto based on market cap. This comes after SpaceX CEO Elon Musk acquired Twitter in a multi-billion dollar deal. Over the past week, the Doge memecoin, which was developed as a joke, grew by over 97 percent. It’s now trading at $0.11 and holds a total market capitalization of $15.5 billion. Cardano, on the other hand, is priced at $0.40. With DOGE at 8th place, Cardano is now in 9th place, with an overall market cap of $14 billion. Cardano Founder…
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Cardano Destined To Decline To $0.35 As Bears Continue Displaying Their Selling Prowess

Cardano Destined To Decline To $0.35 As Bears Continue Displaying Their Selling Prowess

On September 30, the trading price of Cardano (ADA) started to experience a drop. The sudden decline in the price of Cardano was enough to cause panic among the bulls as they stopped fighting the bears. Bears were Strong Prior to the fall on September 30, the price of Cardano was somewhat bullish. The buyers seemed to be in control as they were constantly fighting against the bears to push ADA’s price higher. However, the bears were not ready to let the bulls take full control of the trend. They had a stronger force than the bulls and even had…
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Cardano (ADA) Reclaims $0.513 Following Sudden Bullish Move – Price Analysis

Cardano (ADA) Reclaims $0.513 Following Sudden Bullish Move – Price Analysis

Cardano price reflects uptrends. ADA resistance sits at $0.540. Steady support stands at $0.463. Cardano's price outlook reveals an upside trajectory for the altcoin. Though ADA encountered bearish hindrances earlier, the past 24 hours saw bulls pushing to token beyond $0.484 to explore price levels above $0.513. Meanwhile, the green candle continuation reveals ADA has increased within the past 72 hours. Hourly price projections affirm similar trends as ADA/USD explored upside actions within the previous four hours. 1Day Timeframe – 11.82% Gain Pushes ADA Beyond $0.513 Cardano's 1-day chart presents encouraging news for crypto buyers, with ADA prices surging remarkably…
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Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin's price reveals stagnations near the $0.08 level. The meme coin has hovered near $0.1 since the 11 May colossal fall. Dogecoin's 24hr trading volume declined by 32%. Dogecoin price exhibits bearish signals today, maintaining similar trends seen over the previous three days. The meme coin has stagnated near the $0.08 level. While publishing this content, Dogecoin traded at a day high at $0.08647, gaining 2.48% within the past 24 hours. Nevertheless, Dogecoin has failed to trigger sustained upswings since the 11 May massive crash. The current price action reveals stagnation conditions, and the meme coin might drop before uptrends.…
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Litecoin (LTC): Can ‘Dip-Buying’ Call Attract Investors’ Attention

Litecoin (LTC): Can ‘Dip-Buying’ Call Attract Investors’ Attention

As things stand, crypto enthusiasts nowadays are only interested in opportunities to join the bandwagon. That has had the 'buying the dip' narrative trending each time BTC plunged within the past two months. The same case appears to develop this time, with Bitcoin and other alt tripping the market capitalization, triggering a 5.66% slump that erased about $103 billion from the cryptocurrency marketplace. Buying LTC Dip? Surprisingly, most demand comes from Twitter, which has had its share of turmoil since Elon Musk purchased the social media site for $44 billion. Nevertheless, can this demand support Litecoin to record some upside…
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Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

The past few days saw BTC snapping to $40.6K from $38.2K before plunging towards the $38K mark again. Such volatility had the alt market weaving on the charts. For instance, Dogecoin experienced a sharp uptick following several days of range accumulations. Chainlink and Litecoin extended their downside trends. Dogecoin (DOGE) Dogecoin pumped towards $0.171 from $0.122, and analysts used the move print Fibonacci retracement areas. Meanwhile, DOGE slipped below the supply zone at $0.14 over the past day. That came as the broad market displayed a bloodbath. Nevertheless, DOGE secures some support around the $0.134 barrier. Momentum indicators displayed bearishness,…
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Top Ethereum Killers to Consider in 2022

Top Ethereum Killers to Consider in 2022

Investors have heavily grilled the Ethereum network over the past couple of years. That is due to congestion, slow speeds, and high gas fees. As this competitive field sees constant innovation, users and developers look for blockchains that meet demand without hassle. This article highlights some leading blockchains that enthusiasts believe will overcome Ethereum's TVL with time. Solana (SOL) Solana tops our list. Backed by billionaire Sam Bankman-Fried, it is a decentralized network created to ensure user-friendly, scalable apps for the market, and Solana gained increased popularity. Solana attracted many developers looking for Ethereum alternatives due to high fees and…
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Here’s Why Cardano (ADA) Faces Upside Challenge to $1.60

Here’s Why Cardano (ADA) Faces Upside Challenge to $1.60

ADA price appears ready for an upside move towards $1.26, but significant obstacles plague the alt's path. A decisive 24hr candle close beyond $1.35 might catalyze an upsurge to $1.60. A daily candlestick close under $1 will cancel ADA's bullish narrative. Cardano (ADA) worsened its condition over the past 4 hours and remained stuck beneath a significant area. Though the recovery is bullish, its destination stayed far and comprised obstacles at each step. Let us check what the alt boasts. ADA Price against the Wind Cardano price formed an Adam and Eve (bottom reversal setup) with its actions from 19…
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Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano addresses with more than 100,000 tokens have scooped 16.8% of ADA's supply. Cardano's price climbed above $1.23; analysts noted an optimistic chart setup for the token. ADA whale holdings decline regardless of the recovery signs by the "ETH-killer." Cardano's price seems ready for breakouts as crypto analysts note a bullish formation on the altcoin's chart. Cardano sees a massive spike in accumulation by mid-tier holders, with more than 100,000 ADA tokens in their wallets. Cardano Price Ready for Upside Rally Cardano's price kick-started uptrends, breaking above $1.23 as the alternative token saw an increased investor pile. Mid-tier holders with…
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Cardano (ADA) Bulls Launch Massive Comeback, Eyeing $1.20 Revisit

Cardano (ADA) Bulls Launch Massive Comeback, Eyeing $1.20 Revisit

Cardano price overpowered 2-week consolidation on 18 March, suggesting a breakout. The alternative token might extend its upside move to $1.20 f ADA flips the psychological level of $1. A daily candlestick close under $0.776 will erase Cardano's bullish thesis. Cardano price moved out of range-bound movement after the alt breached the topside boundary on 18 March. The ongoing uptrends suggest that the alt remained primed for further upswings in the coming trading sessions. Cardano on Recovery Mood Cardano's price dipped into a consolidation on 5 March and maintained such actions for about two weeks. However, this range-bound trend ended…
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Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin still failed to reclaim $40K, struggling around the $39K mark. Most alts remain somewhat calm today. Bitcoin tried to challenge $40K after losing $6K within a few days but failed to climb high. That had assets in the altcoin market stalling since yesterday, recording slight movements. However, Monero decoupled from broad market actions, registering a substantial price increase. BTC Struggles beneath $40K Indeed, the leading crypto struggled within the previous several days. The crypto recovered losses amid the Russia-Ukraine conflict recorded new monthly peaks. The upward moves had BTC touching $45K. However, bears emerged and pushed Bitcoin south again.…
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Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) has been among the top daily gainers. That comes amid bullishness that had the global crypto market cap surging past $2 trillion once more. XRP changes hands around $0.90 following a 20% upsurge within the past 24 hours, its market cap standing at $42.9 billion. The latest upward move had the remittance crypto flipping Solana and Cardano, preparing for a massive uptick to enter the sought-after top-5 crypto pack. Santiment, a data provider, reports that Ripple's latest price climb came as the project recorded growth in daily active wallets. It stated that XRP gained 37% over the past…
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Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Most assets in the cryptocurrency market calmed following a positive and volatile Saturday. Bitcoin stands beyond $41,000. Bitcoin kept its momentum to stay beyond the $41,000 level. The impressive leg up came after Bitcoin struggled beneath $40K for several weeks. Meanwhile, altcoins appear to stall following yesterday's significant gains. Axie Infinity (AXS) is one of the exceptions, with its double-digit upward move. Bitcoin Maintains beyond $41,000 As highlighted earlier, the world's largest crypto struggled around the $37K level and plunged beneath the mark on a few occasions. However, bulls tried to push BTC northward, taking it to value levels of…
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Cardano (ADA) to Overcome Hurdle at $1.15 – Price Analysis

Cardano (ADA) to Overcome Hurdle at $1.15 – Price Analysis

Cardano presents bullishness today. The altcoin trades near $1.071 at the moment. The nearest resistance stands at $1.15. Cardano witnesses corrections from its Saturday peak of $1.090. Though the price retraced towards yesterday's high near $1.090, breaking the descending channel translated to bullish signal or Cardano today. ADA/USD saw losses today, trading near $1.076, and might be ready to hit yesterday's peaks once more. The altcoin might be prepared to surge towards the following resistance zone at $1.15, the level where buyers can emerge for further uptrends. Cardano 24Hr Timeframe – ADA Consolidated Beneath $1 The crypto space presented a…
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Cardano (ADA) Back in Top Five Crypto-List amid 10% Upswing

Cardano (ADA) Back in Top Five Crypto-List amid 10% Upswing

Cardano's ADA stepped up during the weekend after sideways movements. The altcoin surged over $10% on 16 January. That way, ADA reclaimed its spot in the top-5 cryptocurrency list. While publishing this analysis, ADA traded a 9.10% high around $1.47, while its market capitalization stood at $49.2 billion. The latest price increase in the alt comes amid massive transaction volumes as enthusiasts await Sundae Swap. Messari data shows ADA blockchain recorded the 2nd-highest network activity outperforming Ethereum. Cardano appears to ride on massive developments. For instance, the platform saw 70 smart contracts launching in its blockchain within the past month…
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Price Analysis for Cardano Price to hit a 20-day SMA ($1.45) or Fall Below $1.10

Price Analysis for Cardano Price to hit a 20-day SMA ($1.45) or Fall Below $1.10

After a two-week plunge, it seems that finally, the cryptocurrency industry has started making a comeback. The industry has now started showing signs of growth and Cardano (ADA) seems to be one of them. For the first time in several weeks, it seems that Cardano is moving towards a rally. It was on September 2, 2021, when the price of Cardano managed to hit an all-time high of $3.10 per ADA. From September 2, 2021, until now, Cardano has reportedly experienced a 60% loss in its price, coming down to $1.24 per ADA. The data from TradingView shows that the…
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Cardano (ADA) Records Choppy Actions Ahead of Weekend Cardano Summit

Cardano (ADA) Records Choppy Actions Ahead of Weekend Cardano Summit

Cardano starts Friday with a somewhat bearish attitude, plunging below the $2.30 level due to cautious sentiment. That comes as market players wait for Bitcoin to crack the vital zone at $45,000. While writing these lines, ADA/USD trades at $2.28. The total crypto market recorded bearish moves at the start of this week. The market endured crashes due to the fading investor mood following the Evergrande calamity. Institutional investors were worried about a probable decline by the leading real-estate developer due to debt default. That forced them to stay away from riskier assets, including cryptocurrencies. Meanwhile, the bearishness started to…
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