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😞🎼 ADA CARDANO - Love Requires Patience ⏱️❤️‍🩹Come on ADA, You keep postponing, you keep snoozing, then you become active when we are almost asleep, bored and discouraged. Kind of reminds me of this song: Wake me up when September ends 😞🎼 News/ update: Cardano’s Alonzo upgrade has seen more than 100 ‘smart contracts’ processed in the first 24 hours. The third largest blockchain platform in the world, Cardano’s successful update gives it smart contract functionality, providing developers with the ability to create apps that can utilize the advanced capabilities of its blockchain. The Alonzo upgrade marks the first stage in creator Charles Hoskinson’s plans to advance a fairer global financial system at a reduced monetary and environmental cost. Within 24 hours, the platform has already seen more than 100 smart contracts run on the network, with its first decentralized application also already deployed. Blockchain is set to play a pivotal role in the future of applications. In fact 61% of software developers say blockchain is a ‘game changer’. By building decentralized apps – or ‘dApps’ – on the blockchain, developers minimize the security compromises of traditional apps, which live on a central server, instead utilizing the security of a global network of thousands of computers. However, creating apps on the blockchain has, until now, been inaccessible for many developers, who are faced with high and unpredictable costs, as well as energy inefficiencies. As a result, implementing blockchain for smaller enterprises has often not been a truly viable option without having to compromise on sustainability goals or business costs. Energy efficient Cardano claims to solve many of these issues. Its blockchain uses an innovative mechanism for verifying transactions, meaning the whole network is significantly more energy efficient than Bitcoin. Its ability to accurately predict transaction costs also provides price stability, allowing developers to build applications without risking lost transactions or unexpectedly high costs. This year has been pivotal for IOHK, the engineering company behind Cardano. In April, it announced the world’s largest blockchain deployment. Five million teachers and students in Ethiopia were provided with instantly verifiable IDs, facilitating better lesson planning, monitoring of student progress, and allowing the government to be better sighted of future workforce planning needs and gaps. For students, it also allowed them to share verifiable qualification details with employers. So come on ADA, Just Fly to 4$ now the FXPROFESSOR
Long
by FX_Professor
5
ADA Smart Contracts Scalability IssueHi Guys, ADA / USDT The launch of smart contracts on ADA's public TESTNET has shone a light on old protocol design challenges. Key Takeaways ADA's EUTXO-based protocol design has proven challenging for decentralized application developers. Minswap, the first decentralized exchange to launch on Cardano testnet, faced immediate scaling issues last week. While several projects claim to have solved the concurrency issue, none have publicly revealed their solutions. ADA, the third-largest cryptocurrency with a market cap of over $82.8 billion, has become the subject of criticism as its ecosystem infrastructure does not allow for the most basic decentralized applications to function without facing immediate scaling issues. ADA is facing a major scalability hurdle. Input Output, the development company behind Cardano (ADA), announced the launch of the Plutus smart contract functionality on testnet last Thursday. Since the update went live, Minswap, the first decentralized exchange to launch on testnet, has run into severe scaling issues, raising concerns about Cardano’s capability to run smart contracts. Always leave a like, follow and share our ideas daily. TRADE SAFE.
by GerradFletcher
3
Cardano(ADA) Price Prediction Until The End Of 2021Hello crypto investors, This is my first ever price prediction here on TradingView. I hope you will like my Cardano($ADA) price prediction. Since the last bottom, 96 days ago, Cardano increased its marked cap twice. I believe this is due to much viral news(mainly rumors) about Cardano's smart contracts. Imagine what will happen when they actually introduce the smart contracts in the system. There may be a small % of people(newly crypto investors) that will sell because of the 2x. Hence I expect a price drop to around $2.50 this month. At $2.65 and below I will start adding more $ADA to my portfolio. As usual, there will be a quick jump to ~$ 3.40 and then followed by a small drop in the price to ~$3.00. In late October or early November, I expect $ADA to start a new bull rally. Until the end of the year, the price should reach ATH around $4.00. Maybe we will test the $4.20 zone but nothing more. What are your predictions about $ADA until the end of the year? Let me know in the comments.
BINANCE:ADAUSDLong
by NekufCrypto
Cardano(ADA) will be priced at 10$ in the next month(October)!Hi dear traders, First please Like this post and share this analysis with your friends to support me. Cardano(ADA) is moving in a huge ascending channel in bigger time frames. Cardano is now involved in the channel midline, just like in the past and as you can see after passing this midline We have witnessed a very good climb. I expected from Cardano a correction up to 2.23$ - 2$ and it happened, For now and in my idea according to Technical analysis and market Anomaly I expect to see Cardano at 10$ for next 30 or 40 days from now.
Long
by TahaZargar
20
ADA explosion comingIf you are not in this baby...madness. In few days cardano is going to explode and reach 4.1 at least. it has succesfully break out the ATH and has held amazingly well above it. Now the 50 VWMA is approaching the prize to create support and also extreme volatility. ADA also painted a pennant which is slowly reaching an end. The target was taken by measuring the pole of the pennant and also depth of the cup. also the last time the stoch rsi on the daily was this oversold was at the bottom of this last correction. The BB bands are narrowing, squeezing the price forecasting high volatility in the short term. The volume increased on the ATH break out to then dry up while creating the pattern, this suggest a profit taking for the last 2 weeks. Now ADA is ready to push. Be ready guys is gonna be a fun ride. This is a follow up from the previous post on ADA. FOLLOW ME, SHARE, LIKE AND COMMENT.
BINANCE:ADAUSDLong
by CFcryptoTA
2
CARDANO - HOW TO TRADE ADA SUCCESSFULLY?Hey, Alkalites! Check this long-term scenario! As you can see here, we have seen Cardano growing non-stop for the last few weeks following a very obvious pattern. Also, retail momentum indicators were starting to show weakness above the $3 psychological level. RSI Divergences were used as profit-taking events, which could have caused the breakout seen. This scenario may cause whales to appear and redistribute wealth again. We expect Cardano to rise above the $3 psychological level soon, just to gather some liquidity from short-sellers and triggering some late Take Profits. This should cause another movement to the downside. We will keep an eye on Cardano to try to find the most accurate entry for our bearish bias, as long as volume and market conditions remain the same. Let me know your thoughts below!
KRAKEN:ADAUSDShort
by CryptoAlkaline
4
ADA Another Leg UP!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Structure Ada is in a bulling ascending triangle, and with this structure it typically breaks to the upside about 70% of the time. RSI We can see we are breaking out higher level of the rsi price, so this can have the price of cardano move upward. Price Discovery can create strong fomo, however please be careful we are getting a bit overextending so I would not use any leverage and I would be looking to take profit soon maybe around the 3.60 -3.80 mark!
BITFINEX:ADAUSDLong
by IWealthCommunity
3
CARDANO - PREPARE THE TRIGGERS❗️How’s it going Alkalites? We have prepared this manipulation set-up on Cardano! As you can see, after the big pump, there is an imbalance that needs to be filled, just like with Dogecoin. However, Cardano was slightly undervalued against Dogecoin, that’s why we think that lured sellers have not been liquidated yet. If the overall market volume follows our projection and FOMO doesn’t attack again, we could see this imbalance being filled sooner or later. We will try to place shorts near the lured SLs if whales prepare a liquidation event. Also, our main intention sharing this chart is to show you where big chunks of orders should be waiting. It would be interesting to consider purchases near the FOMO OB after the imbalance gets filled (being manipulated or not). We think that Cardano needs to gather some liquidity below the $3 psychological level to start climbing up again. Do you have questions about this analysis? Let me know!
KRAKEN:ADAUSDLong
by CryptoAlkaline
1
ADA CARDANO- 1,2,3 Ready for THREE 💙🔷🧿Let's go ADA, You always keep us waiting but then you deliver before we fall asleep (or when we almost fall asleep) “ Is ADA likely to hit $3.00? The answer to that question likely is just if Bitcoin stays above the 20-week , it lies with that answer. If Bitcoin is able to stay above the 20-week for just… a day or two, definitely the next few weeks it seems very likely that ADA is going to blast through the $3.00 milestone. I ultimately do see ADA trending much higher than $3.00 this market cycle but we do have to take it one milestone at a time… Remember, doesn’t even have to hang out at these levels for very long. As long as it just doesn’t go parabolic and as long as it doesn’t go back down below the 20-week moving average, there is a high probability that ADA will cross the $3 milestone relatively soon.” The analyst says that despite ADA’s parabolic run in recent weeks, it doesn’t necessarily need a pullback before continuing to rally. According to Cowen, $3.00 and $4.00 are still possible in the coming days or weeks even if Bitcoin and the rest of the crypto markets remain stagnant. However, he concedes that for Cardano to run any further than his two price targets, Bitcoin would likely have to give ADA a boost by reaching new highs. “Does it need to pull back now? Hell no, it doesn’t. $3.00, I think $3.00 is certainly possible as long as Bitcoin holds these levels. Even $4.00 is possible I think, as long as Bitcoin holds these levels. To go much further beyond that, I do believe that Bitcoin would need to probably put in all-time highs, but at this point, I think that a $3.00 ADA is possible, even a $4.00 ADA is possible at this rate, especially if our contention is that it can stay strong for the next two and half weeks.” Benjamin tends to agree. Let's go ADA the FXPROFESSOR
Long
by FX_Professor
9
ADA: falling wedge within a bull flag (break out imminent) Hi Traders, We are looking at the 1 hour chart of ADA/USDT. As we can see, a falling wedge has formed, which could be seen as a bullish signal. Furthermore, the falling wedge has formed within a bull flag. Mac-D: has crossed, currently around 0, which seems to be a bullish signal. Fundamentals Smart contracts (alonzo) possible on the Cardano blockchain (starting from 12 september), which currently only runs on testnet. Cardano Marketcap: 91,99BN Ethereum marketcap: 403BN M1 is limited (?) Have a good one.
Long
by Aroundthesun
1
🔷 ADA CARDANO - 3$ Still Far Nonmatter how Close!The 3$ mark has come close but has never been touched and the price seems to be consolidating below it (now at 2.85$) The Alonso upgrade is incoming and given that things go well Cardano should be able to reach and exceed to 3$ but we ought to be carefull if the price drops below the support area at 2,75$. Hopefully a correction to 2,5$ or below will not be necessary. Cardano remains one of the Top picks and we await to see if Bitcoin will help bring us to 3$ and above. All this while both Ether and Cardano continue to dominate inflows to institutional crypto investment products, while demand for BTC weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin (BTC). One Love, the FXPROFESSOR
Long
by FX_Professor
2