ADA ChartingHead and shoulders pattern detected here on the day chart, should see large support line bounce at 0.91$ USD . Upside after that will be recharted lots of potential looking for a bounce here
Key facts today
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
Cardano Head and Shoulders "ADAUSD"
Cardano Head and Shoulders target of 0.53-0.62 on the daily timeframe is being confirmed today.
Last Cycle -> This CycleNo two cycles have ever been exactly the same and it remains to be seen if that will ever happen. Bitcoin has thus far demonstrated a certain amount of cyclicity and predictable behavior on a 4-year time scale that has been widely studied and written about. Given BTC's overall influence on the asset
Second great opportunity for ADA, continuing its uptrendAs shown in the ADAUSD Weekly chart, the ADA price is approaching the 200 weekly MA (in blue), showing for a second time that we might continue the weekly uptrend from this point.
A simple Descending channel on ADA 4 hourly chartA breakout from this channel could push us back up to test the 1.20 range if bullish, if bearish we would be testing the .60 cent range
BUY OPPORTUNITYInstrument: ADA/USD
Entry Price: $0.941
Stop Loss (SL): $0.831
Take Profit (TP): $1.178
Risk-Reward Ratio: 1:2
Technical Analysis:
50 EMA Support: As price approaches the 50 Exponential Moving Average (EMA), it is expected to act as support. This suggests that ADA/USD may find support and bounce hig
zoom out bull flagzoom out. chill out. relax, don't panic.
Also look at weekly. Looking to btc and end of DEC
Possible head and shoulders. My previous chart predicted a bearish divergence and this played out. Now there is a possible head and shoulders forming. However, Cardano does appear to be showing strength and this may be invalidated soon. I think it wholly depends on BTC movements. Right now BTC just hit a new ATH and the market
Cardano - Starting The 10x Parabolic Rally!Cardano ( CRYPTO:ADAUSD ) is perfectly following the break and retest:
Click chart above to see the detailed analysis👆🏻
With an incredible +200% pump in November, Cardano is finally coming back to life after creating the bullish double bottom break and retest just a couple of months ago. Look
galactic punp coming to a wyomingcoin near youcharles will do charles things, lovelace will be still turning in her grave and alls right with the world
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Cardano (ADA) is 0.924 USD — it has fallen −0.53% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ADA price chart.
The current market capitalization of Cardano (ADA) is 32.46 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Cardano (ADA) trading volume in 24 hours is 971.47 M USD. See how often other coins are traded in this list.
Cardano price has fallen by −11.59% over the last week, its month performance shows a −8.90% decrease, and as for the last year, Cardano has increased by 47.84%. See more dynamics on ADA price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Cardano (ADA) reached its highest price on Sep 2, 2021 — it amounted to 3.160 USD. Find more insights on the ADA price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Cardano (ADA) reached the lowest price of 0.017 USD on Mar 13, 2020. View more Cardano dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Cardano (ADA) is 45.00 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Cardano has the limit of 45.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying ADA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ADA right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Cardano (ADA): today its technical analysis shows the neutral signal, and according to the 1 week rating ADA shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Cardano trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Cardano (ADA) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Cardano is estimated as 1.95% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Cardano, you can find more inspiration in our curated watchlists.
You can discuss Cardano (ADA) with other users in our public chats, Minds or in the comments to Ideas.