ADA was trading higher in the early trading session Monday as traders piled up behind the token over its optimistic fundamentals. The Cardano blockchain project’s native asset surged 3.3 percent to 970 sats as of 10:25 GMT. The gains followed a wild upside move the began on September 24, 2020. Since then, the ADA/BTC exchange…
As Bitcoin sails on calm waters, its rival Cardano is up more than 36 percent already in the third quarter.Traders looking to diversify from the top yet flat cryptocurrency could pump Cardano further into July.The upside sentiment takes cues from the altcoin’s upgrade to proof-of-stake at the end of this month.When bitcoin traders get bored,…
Cardano’s price started a strong surge over $0.2000, similar to bitcoin. ADA is showing positive signs and it is likely to continue higher above $0.2800 and $0.3000. ADA started a strong surge above the $0.2000 and $0.2400 resistance levels against the US dollar. The price is now trading well above $0.2600 and the 100 simple…
Cardano gained some positive traction in the early European trading hours Friday after erasing more than half of its bullish breakout move in the previous session. The blockchain asset, better known by its ticker ADA across markets, climbed more than 2.25 percent to $1.25 into the ongoing intraday session. Its move uphill started near a…
Cardano’s price is struggling to clear the $1.200 resistance zone. ADA remains at a risk of more losses below the $1.050 and $1.020 support levels in the near term. ADA is struggling to recover, but it is still well above the $1.000 level against the US dollar. The price is still facing hurdles near $1.200…
Over the past 24 hours, Cardano (ADA) has surged by 7%, reaching a price of $0.1485 as of this article’s writing. This is almost the highest that the asset has traded since the middle of 2018. Behind this news is an extremely strong fundamental event for the blockchain and its underlying cryptocurrency: the launch of…
Cardano (ADA) has been one of the strongest major cryptocurrencies throughout the past year. The token has been posting consistent gains since the start of the year, which has been driven by massive inflows of new investors as well as some positive fundamental developments. One such development would be the recent Shelley mainnet upgrade, which…
Since the highs that were seen in July, Cardano (ADA) has seen a strong retracement against Bitcoin. The altcoin has collapsed by dozens of percent against the leading cryptocurrency, crushed despite a rally in many other crypto assets. Cardano may soon be able to outpace Bitcoin, though, according to a popular technical indicator that predicts…
While all eyes may now be on Bitcoin and Ethereum, Cardano (ADA) has been one of the best performing digital assets over the past day. According to data from Coin Market Cap, the popular altcoin has surged over 11% in the past 24 hours, moving towards $0.14 once again. As of this article’s writing, the…
Cardano’s price rallied more than 8% and it broke the $0.1000 resistance. ADA is likely to accelerate higher once it surpasses the key $0.1050 resistance zone. ADA is up over 8% and it broke the $0.1000 resistance zone against the US dollar. The price is currently testing the $0.1050 resistance and trading above the 100…