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Cardano

Are Cardano whales gearing up for ADA price recovery rally?Large wallet investors in the Cardano network have boosted their participation in the altcoin. Since the FTX exchange crash, whale and shark addresses owning 10,000 to 10 million ADA have scooped up a greater volume of Cardano. Based on on-chain measures and whale activity, the outlook for the ADA price is optimistic. Cardano whales are positive on ADA, as evidenced by an increase in activity. With the FTX exchange failure in November 2022, the Cardano network's major wallet investors have bought up significant sums of ADA currency. According to Santiment statistics, there is a surge in the volume of ADA held by sharks and whales who own between 10,000 and 10 million Cardano tokens. During November 2022, whales have purchased 659.53 million ADA tokens worth almost $235.5 million. Because huge wallet investors are major Cardano stakeholders, this turnaround is regarded positive for the Ethereum-killer altcoin. Why is it a good time to acquire ADA given Cardano's track record? Traders typically purchase a cryptocurrency when its price is low. Cardano has yet to regain the $0.41 level from February 4 due to a recent four-week market decline. Because the altcoin is selling at less than half its price in 2022, there is less risk in purchasing ADA today vs an average point in Cardano's history. Cardano is presently trading at $0.35, which is close to its weekly high of $0.36. Since February 13, the Ethereum-killer altcoin has resulted in a 1.2% loss for investors.
BINANCE:ADAUSDLong
by FOREXN1
18
Bitcoin(BTC/USD) Massive selloff Incoming!!!!Based on the volume data and POC level we see huge spike of massive liquidation around 27k-25k at which the current price is slighting trading, we need to watch careful cause its in confluence with the weekly to h4 timeframe , Price is currently having a hard time to break the 25K and we see huge incoming spike in bearish volume, so we need to be careful and capitalize on the sell off Nice risk to reward but be cation cause bitcoin is volatile, entry will be when we get a massive liquidity grab and around 25K-27k Follow me for more breakdown
GEMINI:BTCUSDShort
by ShinForex1
2
Ergo Buy Now or Cry Later- Everything is in graph. - Ergo is a good project imo. - Have to understand that Ergo could be the first smart contract project on Cardano. - Have to understand many Miners using GPU are Switching from ETH(POS now) to ERGO(POW). - " The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term " - DYOR. - Buy Now. - Rebuy if dip around 1.1$ (Bottom). - sell at your convenience. - Roi 3000 to 6000%. ( depends where and when you buy ) Happy Tr4Ding !
Long
by thecryer
12
Cardano (ADA) Entry alert. 183% potential profit#ADA /USD TA Update:- $ADA currently trading at $0.40 According to Coinlion Trend Trader Indicator, we got en Entry Point Long Alert for ADA at $0.40 There is a resistance at the 200EMA at $0.41. Cardano broke out the descending channel as expecting. Entry : 0.40$ Target point at $1.09 (183% potential profit) What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me - When to enter short or long - When to exit and take profit :-) If you want it or my SL indicator or My Liquidity Support and Resistance Indicator, let me know. Thank you.
BITFINEX:ADAUSDLong
by Coinlion_TT
1
Cardano (ADA): strength is back It was a very good week for ADA. Investors' confidence is back and it has been clearly seen through the price of the coin and its moves since the beginning of this year. In addition, on Valentine's day, the Cardano network successfully implemented another hard fork, which will increase Cardano`s interoperability with other major blockchains, i.e. bitcoin and ethereum. ADA`s price reached level of $0,42 as of the end of the week, still, it ended the week around $0,40. RSI indicator reached level of 63, during the week, still, it is ending a bit lower, around 54. It still shows that market participants are still not ready to leave the coin to head toward the oversold side. Moving averages of 50 and 200 days are slowly converging toward each other, which is a quite positive sign, and indicates a potential cross in the near future. During the previous week, ADA managed to clearly pass the $0,40 resistance line. Coin is still moving around this level, which indicates the probability that this line will be tested in the coming days. In case that it is not clearly breached, then ADA might revert to the upside, slowly toward the $0,45 next resistance. However, charts are pointing to the probability of short testing of $0,38 level for one more time.
COINBASE:ADAUSD
by XBTFX
Cardano Slows Down after 70% Gain, Support at $0.38Past Performance of Cardano Cardano prices are up 16% from last week's low and over 70% from Q4 2022 lows. Even though the primary trend is upward, the consolidation of the past few days within the February 15 bar can be a concern. The immediate resistance level is $0.42, while the support is $0.38. For the uptrend to resume, buyers must break above $0.42 with rising volumes, paving the way for more gains in the short term. Cardano Technical Analysis Cardano is bullish, as mentioned earlier. However, ADA prices are inside the February 15 and 16 trade range. The February 16 bar has higher trading volumes and reversed losses of the February 15. Since ADA prices are inside this bar's range, traders must have a clear definition before committing. If bears flow back, confirming losses of February 16, ADA may drop to $0.35 in a welcomed retracement. The uptrend remains valid as long as prices are above December lows at $0.23. Conversely, if there is demand today, ADA may roar above $0.42 and November highs, setting a new trend that may see it retest $0.52, or September 2022 highs. What to Expect from ADA? ADA holders are optimistic after the performance of the better part of February. Even so, trend definition in the short term is critical. That means Cardano bulls must clear $0.42 if ADA has bottomed up. Resistance level to watch out for: $0.42 Support level to watch out for: $0.38 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Cardano at a critical pointI gave a pretty vague outlook on Cardano the other day so I figure I should probably fess up a bit and let you all know exactly how I feel about it. Right now, it looks like we're in an inverted head and shoulder pattern. It looks like it wants to explode out of here and o straight for the target which is $0.75 but not so fast. Lets discuss a few things here. First, do you actually know how to trade a head and shoulders pattern? Pattern trading can be pretty decent as long as you do it right. Ideally, we'll break out of the current pattern and do a nice solid retest of the neckline. Your stop loss should be the low of the right shoulder and your target should be 100% of the size of the head to the neckline. That puts us at right below 75 cents. To compare, ADA is trading at 40 cents now. That's a pretty good reward, but what is the risk? Currently a 13% risk. That's not insignificant. Play your cards right and you'll be okay but don't do anything dumb. Wait for a breakout and get a retest of this level we're at now (around 40 cents) and you'll be ok. Just keep that stop loss to make sure you survive another day.
Long
by bitdoctor
4
LUNA LUNC USTC Poised to BreakoutWhile analyzing any crypto its important to see its use cases and potential growth factors. LUNA is consolidating for long period now and half of the supply is locked for a long period + starting from next month expect 25% supply to be locked due to alliance module release. For more details see there twitter about alliance module etc. Feather is also launching next month which is like launching your own blockchain in minutes as LUNA will be providing you all infrastructure in a one go for details check their website. As there is little bad reputation attach to it in past and now. To make it successful by any means is the only way to survive otherwise gameover. Expect it to rally very soon. Little percentage of the crypto portfolio could yield you unimaginable gains or little profit. To survive expect big big LUNA rally One of the key features of the Terra network is its support for decentralized applications (dApps). dApps are applications that run on a blockchain and are not controlled by any central authority. The Terra network provides a platform for developers to build dApps that can provide financial services to users, such as lending, borrowing, and remittances. By providing a platform for dApps, Terra aims to increase access to financial services and bring more people into the global economy. 100s of more dapps and many services are in pipeline expect there release in middle of next month which would lay the foundation of LUNA back to its throne where it left. In conclusion, the technical analysis and fundamental analysis of LUNA suggests that the asset may have strong potential for future price growth. The MACD indicator indicates a potential bullish trend. Additionally, the increasing adoption of DeFi platforms and the growth of the Terra network may also drive the demand for LUNA. $LUNAUSDT #LUNC #crypto #bitcoin #USTC #cardano #binance #gold #dji Want to take risk for unimaginable gains or want to leave its totally up to you.
LLong
by qasimsaleem
2
Astroswap a sleeping giant for 2025 bullrunAstroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the beam bands. Could Astroswap move back to its all-time high? Well, once they migrate over to the Cardano network it will be interesting to test this theory. Only time will tell but before this milestone is achieved we need to break through these two trendlines first and then we challenge the all-time high.
Long
by altcoinb
1
Cardano has rallied to the $0.42 resistanceAfter a good rally starting from the $0.25 support area with buying pressure, Cardano has rallied to the $0.42 resistance, and since this resistance is on a weekly time frame, reactions have been seen in this range. Several important resistance support areas are considered for Cardano, and due to the bullishness of the ADA daily trend, the resistance is more likely to be broken. The closest support to the current price is considered to be in the $0.375-$0.387 range, which has seen a good positive reaction at this level in the last two days. Cardano's trend is also bullish in the 4-hour timeframe because it has maintained this support level. This bullish trend will not turn bearish as long as it holds the support of the $0.340-$0.350 range. If favorable conditions in the market continue and break this level, the next target will be in the range of $0.50.
by MonoCoinSignal
2
✴️ Cardano 244%-350% Potential Exposed!ADAUSDT, Cardano, hit its highest level today in months while at the same time confirmed EMA10 as support on the weekly timeframe. Everything we've seen since the start of January is only the recovery from the stop-loss hunt event in late December... The bullish wave is yet to happen. Let's not mistake the trees for the forest. This is why there will be euphoria across the cryptocurrency market in a matter of weeks... But it will last long enough for everybody to profit. The easy target is 44% while we already have lots of growth which is the recovery I just mentioned. Then we have 130% at around 0.95 and the mid-term potential is set at 240% or 1.39... There can be more but the whole thing is just starting and so we are conservative to start. We can expand and adapt once the market really starts to move. Namaste.
Long
by AlanSantana
7
Cardano - Is ADA heading to $10 or $0.10?Taking a close look here and through the duration of 2022, the white wave on the daily wavemaster has been oversold ever since about April. This is the most bullish it has looked in a year. Watching the green/yellow/red, things are still pointing up but not for much longer. Give it another 2 weeks or so and we'll get a decision. Until then, lets look at some key horizontals. Right now, we're at the resistance from January 2021 around 40 cents. That's right around where we are now. Having some discussions with others online, I adamantly pleaded with people to be a buyer below 30 cents and to buy more at 25 cents. Well, here we are. ADA has risen 56% from there and only now you're interested. This is a reason why I am being very picky with what I would like to buy. Right now, Cardano is not a net new buy but rather I'm watching for a profit take area. It's quite interesting that we've seen a great reaction off the 50% internal retracement from the March 2020 low to the August 2021 high. The target for that kind of a bounce is around $10 if we go to new highs but I am skeptical at the moment. Sure, more upside is likely, but I'd be more interested if we dropped to the golden zone instead. The perfect path would be for Cardano to go to roughly $1, then return to about $0.10-0.15 before making that move to $10.
Long
by bitdoctor
3
ADA: Approaching ResistanceCardano (ADA) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern with robust volume, price has completed a trend reversal and reached our target $0.40 horizontal resistance zone (also 200-day moving average). Wait for price to either 1) break above $0.40 to resume uptrend, or 2) pull back near $0.30 support for a swing entry. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.40, which it broke, then $0.50.
Long
by altFINS
1
#Cardano Breaks Above $0.40 as Trend ShiftsPast Performance of Cardano Cardano is firm, printing higher after finding support on February 14. There are hints of strengths as buyers look to build on recent gains. ADA prices broke above the recent $0.05 range turning the previous upper limit at $0.40 to support, reading from the formation in the daily chart. For bulls to sustain this, today’s close must be above the recent range, building the foundation for even more gains going forward. #Cardano Technical Analysis The cardano trend remains bullish. Despite the blip of February, the rejection of lower prices is massive for buyers. Therefore, as it is, ADA must build on recent gains, and strive to float above $0.40 to validate the breakout formation of February 15 and confirm buyers of last month. Notice that the February 14 bar has significantly higher trading volumes than that of February 9. Also, losses have been reversed. Aggressive traders can, therefore, search for entries on dips, ramping up with targets at $0.50. This preview will only be nullified if ADA bears flow back, pushing prices below $0.40 with higher participation levels. What to Expect from #ADA? Cardano traders are confident. The rejection of lower prices indicates strength. However, this will be confirmed if ADA prices stay above $0.40 by today’s close. In that case, ADA may rally to $0.50, or better, in a bullish continuation formation. Resistance level to watch out for: $0.50 Support level to watch out for: $0.40 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
ADAUSDT: The Starting Point of a Bull Run to 0.4600?Hello, Fellow Cardano Trader and Investor! Price Action Analysis ADAUSDT is breaking out of the daily bearish trendline. On the H4 Timeframe, ADAUSDT has broken out of the Descending Broadening Wedge Pattern with an impulsive candlestick (Marubozu). MACD indicator also made a golden cross, signifying a possible upside movement to the target area. Other Technical Drives and Fundamental Drives a. U.S. Dollar Bearish Bias Still Prevails! b. Potential Slower pace of Interest Rate Hike in the future All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/ support area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the ADAUSDT" *Support the channel by smashing the like button and follow for more content!"
Long
by financialfreedomgoals101
6
Cardano At The Top | Short OpportunityDue to today's CPI data, the crypto & stock market reacted with some volatility. ADAUSD profited from this situation and maintained a strong upwards trend throughout the day. The price is currently in the overbought area and is already showing some signs of weakness. I took a short position one hour ago (10x) and I will keep this position for the next few hours. This should end up as a pullback instead of a trend-reverse, therefore my target is located at the previous horizontal resistance. My stop-loss is above the previous high - once we reach this level, we're likely going to see another high for today. Trade carefully. Also, feel free to check out my bio for my crypto trades. Cheers, ARESABI
Short
by Anton_XBT
1
🔥THE SUPPORT AREAS HOLD CARDANO: LET'S OPEN TRADE WITH +50%❗🔥Hi, friends! Cardano is not on the hype now, so it's time to take a closer look at it, because the price is usually pumping after the low attention level. Where we can open a long to make easy 30-50%? This idea is exactly about it. The price breaks the wedge down, which is a common thing in the crypto market. Now the price test the 3rd value area as the resistance and fall to the 2nd support areas. 📊 MY TRADING PLAN FOR ADA: 1. test the first value area at $0.34-0.35 as the support 2. huge buy limits and purchases of ADA at DOM and Footprint scalping tools. Always use these to track 3. bullish BTC 🚩 The second value area can also become the support if the price will finally falls there with BTC correction. ✅ MY TARGETS FOR ADA: 🔥 $0.437 - the key level 🔥 $0.5 - the key level and even number 🚩 Friends, do you pay attention to the regulation FUD around PoS altcoins such as ADA, ETH etc.? It means that PoS coins can dump so much and PoW (mining coins) pump, if strong regulation begins. Write your thoughts about it in the comments! 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4