💎 $ADA : Bull or Bear ? (READ THE CAPTION)By checking the Cardano chart in the daily time frame, we can see that the price with more than 66% growth was able to record the price of 41 cents! Now the price is in a trading range and we have to wait for the price to be stable above or below this range! The supply and demand zones are all marked on the chart and we have to see how the price will react when the price reaches this level!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
ADAUSDT
long or range?!Hello to all my dear friends
As you can see in the chart. Cardano is suffering within the specified range after a huge upswing. which can have two modes. Either a bullish flag pattern that will have an upward trend or suffer again and get out of its support mode. We have to wait to see what the market will do...
Cardano ADA - Bull Cycle - BUY & HODLCardano is getting ready for Black Friday.
It's on Sale, and it's time to lead some more, on each big dip.
ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern.
I am holding and loading more.
My next good level: $0.15 .
Technicals:
* Elliott Wave A-B-C Pattern
* Fibonacci Retracement
* Demand Zone
* Cycle Analysis
* Bullish Divergence
My Fibonacci Time Zones tell me that early '23 is BOOMING!
One more dip please, and then we wait for Valhalla.
AI Integration Deepens in Cardano with Girolamo Chatbot LaunchCardano integrates AI with Girolamo launch, advances in blockchain with Mithril, and prepares for a pivotal governance vote.
Cardano (ADA), a prominent blockchain platform, has taken a significant leap in integrating artificial intelligence with its ecosystem. The recent beta launch of Girolamo, an internet-enabled generative chatbot, marks a pivotal moment in Cardano’s AI journey. This development aligns with Cardano’s ongoing efforts to intertwine blockchain technology and AI, showcasing a blend of innovation and practical application.
Girolamo Launch Marks Cardano’s AI Evolution
Girolamo, named after the renowned Italian mathematician Girolamo Cardano, represents a groundbreaking step for Cardano in AI. This chatbot is designed to handle a broad spectrum of queries, from industry-specific to general everyday questions. Remarkably, Girolamo also boasts the capability to generate and interpret images, adding a visual dimension to its functionality.
ADA’s engagement with AI technology traces back to 2021, with the unveiling of Grace, an AI robot developed by Awakening Health. This venture was a collaboration between Hanson Robotics and SingularityNET, a blockchain partner of Cardano. The synergy between blockchain and AI has been a focal point for Cardano, particularly highlighted by the launch of the AGIX converter bridge in the past year.
Charles Hoskinson, the founder of Cardano, reached out to Sam Altman, CEO of OpenAI, proposing a collaboration. This gesture reflects ADA’s aspiration to expand its blockchain ecosystem, potentially exploring a partner chain with OpenAI. Such collaborations signify Cardano’s commitment to staying at the forefront of blockchain and AI integration.
In parallel, ADA’s lightweight wallet, Lace, updated version 1.7.1. This update addresses various issues, including enhancing dApps connectivity with the Lace wallet. These improvements are crucial for streamlining user interactions within the ADA network.
Cardano Advances with Mithril Relay Prototype
Cardano’s decentralization efforts took a step forward with the Mithril team’s completion of the prototype implementation of the Mithril relay. This development is key in enabling peer-to-peer signature broadcasting, a fundamental aspect of decentralized networks.
Moreover, ADA is gearing up for a significant governance milestone. The community is preparing for a special ballot vote under CIP-1694, focusing on assessing advancements in on-chain and off-chain governance. The snapshot for participating wallets was taken on November 21, with the voting process scheduled from December 1 to December 11.
The series of developments in the ADA ecosystem has been met with optimism in the cryptocurrency market. Following the announcements, ADA, Cardano’s native cryptocurrency, saw a positive price movement. In the last 24 hours, ADA experienced a price increase of 0.40%, trading at $0.3937.
ADA ANALYSIS🔮 #ADA Analysis 🚀🚀
💲💲 #ADA was trading in a descending triangle pattern and breakout the pattern with good volume. Right now #ADA is trading in a parallel channel. The greater the consolidation, the greater is the possibility of price increase in #ADA. 📈📈
💸Current Price -- $0.3926
📈Target Price -- $0.6900
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ADA #Cryptocurrency #Consolidation #DYOR
I Cannot Short This !!! situation+next targets.ADA has formed double Bottom and the price can grow well from here.
⭐ and the bullish signals of market momentum are:
- divergence in MACD
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
🐳Cardano will Go Up Again🐳As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🤑Stay awesome my friend.
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🚀👀 ADA READY to Move ! we are waiting to BTC :) ADA currently in a triangle whose exit will show the further direction. The traffic volume is approximately 15%.
The CHOP Index on a one-day interval is very highly charged.
RSI also ready to move. We are waiting to see what the BTC king will show.
Good Luck !
ADA perspective for short - med termThis is not a signal to buy/sell. NFA
We see the price nowdays are way harder than usual to analyze, "big boys" wont be easy because of sentiment #etf and #halving2024. They'll and still manipulating the price because they wanna control it.
Dont be fanatic or being bullboy, this price has been abnormal hiking without any healthy correction. Better to stay away and dont be FOMO! Or those "big boys" just laughing and enjoying your money.
Good luck, Smart Trader!
ADA Might Break Through The Current Resistance ZoneCardano (ADA)
Cardano is currently trading between a support level of $0.354 and a resistance zone of $0.38-$0.41. This price range has been tested three times over the past two weeks.
If Bitcoin continues its upward trend, the next goal for Cardano would be to reach new highs. In this scenario, ADA could break through the current resistance zone and test the $0.43 level. A subsequent stabilization of its price within the $0.41-$0.43 range is a likely outcome.
On the other hand, should Bitcoin undergo a correction, Cardano might drop to support zones around $0.330-$0.342, $0.325, and $0.305-$0.315. Further declines in ADA's value would largely depend on the trajectory of Bitcoin's price movement.
Cardano is failing at 0.4. I'm looking to sellIn my previous analysis of ADA/USDT, I highlighted that as long as Cardano maintains support above the 0.24 zone, there's a strong likelihood of a reversal towards the range's resistance at the 0.4 zone. Recent optimism in the crypto market has indeed facilitated this movement, with the coin witnessing an approximate 60% surge over the past month.
However, the overall structure for ADA remains range-bound and not decisively bullish. Therefore, a potential retracement could be on the horizon. My strategy is looking for opportunities to sell on any spikes above 0.4, targeting a drop back to the 0.3 level, with a rise above 0.42 negating this outlook.
ALT Season Is Starting - Total Market Cap 2MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
CryptoCheck Team
Cardano (ADA) Rallies 10% Over the past week, both altcoins and Bitcoin underwent a widespread correction, prompting tokens like Cardano, Ethereum, and Solana to look for stable ground. Despite this setback, the prevailing optimism has reignited enthusiasm in the market, hinting at an imminent bullish comeback.
Cardano (ADA) Moves With Confidence
Cardano has showcased remarkable resilience, staging an impressive recovery after weathering two underwhelming quarters. In its recent ascent, ADA briefly breached the $0.4 price level for the first time since April. However, the excitement was short-lived, as ADA quickly turned its hull towards the bottom, sinking to the liquidity zone at $0.348 over the past week.
Despite this temporary setback, ADA is once again moving with confidence, orchestrating an impressive 10% rally over the weekend to reach $0.385. The surge coincides with Bitcoin gearing up for a potential retest of its yearly high at $38,000. In the upcoming week, Cardano, fueled by its newfound vigor, could retest $0.4, potentially flipping it into support – hinging on Bitcoin’s success.
Should it succeed, Cardano’s trajectory could extend to $0.5, setting a new yearly high. At the time of writing, investor sentiment exhibited a subtle bearish tint, particularly on-chain, as some users opted to cash out profits amid ADA’s recent performance.
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October.
⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction.
⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
ADA ANALYSIS🔮 #ADA Analysis 🚀🚀
💲💲 There is a breakout of falling wedge patten and trying to retest the levels. It's a weekly breakout and we can see $0.5000 level in long-term. 📉📉
💸Current Price -- $0.3604
📈Target Price -- $0.4500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ADA #Cryptocurrency #Breakdown #DYOR
🚧ADAUUSDT is bullish now🚧 & many Traders don't see it(WA)👀!!!As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well.
❗Weekly Analysis.
⏮️previous Analysis
🍻Hard for everyone but easy for me. thanks God...
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!