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Cardano Goes Into The Basho Phase: How It Enhances Efficiency
The software platform Cardano has entered the third stage of its roadmap, the Basho era. It promises to improve the network’s performance and scalability. Cardano’s roadmap is “a summary of Cardano development” divided into five eras to deliver improvements in diverse functionalities of the network that are “delivered across multiple code releases”. Now that the…
Strong Cost Forecasts For Outstanding (XLM) and Cardano (ADA) in 2019
Crypto predictions are always taken with a pinch of salt. They are essentially just guesswork based on a few fundamentals and snapshots of the market at any given time. There is no doubt though that predictions for future prices of crypto assets are incredibly popular, and the latest from Finder have made some bold assertions.…
Crypto Market Might Levitate: IOTA Rallies, Bitcoin Money, TRX, ADA Analysis
The total crypto market cap broke a major bearish trend line near the $166.5B resistance. Bitcoin cash price is still struggling and it recently broke the $260 support. Tron (TRX) is currently consolidating losses above the $0.0230 support level. Cardano (ADA) broke the $0.0700 support level and it could now test $0.0650. IOTA (MIOTA) climbed…
Cardano Rate Analysis: ADA/USD Might Correct Lower To $0.082
Key Highlights ADA price tested the $0.0880 resistance and later corrected lower against the US Dollar (tethered). There is a short-term bearish trend line in place with resistance at $0.0865 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to correct further towards the $0.0830 or $0.0820 support…
Bitcoin, Crypto Market Might Bleed More: BCH, BNB, LTC, TRX Analysis
The total crypto market cap declined heavily and even broke the $250.0B support area. Bitcoin price settled below the $10,000 support level and spiked towards $9,200. Binance coin (BNB) price dived more than 10% and even broke the $25.00 support level. Litecoin (LTC) price broke the key $90.00 and $85.00 support levels to enter a…
All Modification In Crypto Market Cap Charts as Another Dump Starts
The top cryptocurrencies by market capitalization is an ever shifting list as new winners emerge to usurp yesterday’s champions. Another market dump appears to have initialized shaking up the order of things in this crypto chart once again today. Ripple Extending Lead, BNB Surging, Cardano and Stellar Sliding Ethereum has suffered heavier losses than its…
Crypto Market Primed For Lift-Off: Bitcoin Money, Litecoin (LTC), TRX, ADA Analysis
The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B. Litecoin (LTC) price recovered recently and moved above the $80 resistance. Bitcoin cash price extended gains and it could move higher towards the $320 level. Tron (TRX) price is currently consolidating above the key $0.0260 support area. Cardano (ADA) price…
Cardano Rate Analysis: ADA/USD Might Drop Towards $0.070
Key Highlights ADA price failed to move above the $0.0770 and $0.0800 resistance levels against the US Dollar (tethered). There is a crucial bearish trend line in place with resistance at $0.0755 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently at a risk of a downside break…
Cardano Cost Analysis: ADA/USD Speeding Up Losses Listed Below $0.060
Key Highlights ADA price extended losses below the $0.0620 and $0.0600 support levels against the US Dollar (tethered). There was a break below a connecting bullish trend line with support at $0.0614 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently trading well below $0.0600 and it could…
Cardano Cost Analysis: ADA/USD Purchasers In Control, $0.080 Next?
Key Highlights ADA price traded higher recently and broke the $0.0750 resistance against the US Dollar (tethered). There are two bullish trend lines in place with support at $0.0740 and $0.0730 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported and buyers could attempt to push the…