Key facts today
Cardano (ADA) has dropped over 40% since January, currently at $0.64. It faces resistance near $0.70 and risks falling below $0.60, targeting $0.50 support.
Cardano founder Charles Hoskinson stressed collaboration in crypto, promoting innovation over competition and the integration of networks using shared tools like the Midnight protocol.
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.
Weekly trading plan for ADAGood morning !!
ADA is moving perfectly in our scenarios, since last week we have reached exactly the levels we expected on the chart. At the moment the price may be in a local ABC correction, so I considered opening a Long position, consider your own risks - this is of utmost importance.
Target
Cardano Stock Chart Fibonacci Analysis 060125Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.67/61.80%
Chart time frame:B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress:A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
Weekly trading plan for ADA In this idea I marked the important levels for this week and considered a few scenarios of price performance
A triangle-formed correction can be seen on the chart, so consider the risks at the price extremes
Write a comment with your coins & hit the like button and I will make an analysis for you
You Will Learn 3 Things:The Dollar, Gold And CryptoEven though i did not mention it in this video
i would like to thank my mentors
Robert Kiyosaki, Tim Sykes, And Matthew Kratter.
And you can get their books on Amazon kindle
If you need more resources for learning
about technical analysis.
Now this video i will show you:
1. The rocket booste
ADA - A LITTLE WORRIEDGood Morning Everyone,
ADA following the nice bullish swing as most cryptos are right now. I am however a little worried with this one as it completes its bullish wave. ADA does not seem to have the same strength as the rest of the cryptos, if unable to beat that resistance level then we would lik
ADAUSD: A great pair to trade short termHello,
Cardona is setting up for a bullish rally which is a continuation of the current move. Most of the crypto coins are lagging the Bitcoin market. We see the current price as a great opportunity for ADAUSD crypto investors to enter this asset.
Buyers can look for $9,150 as a target point for
Cardano-ADAUSD Periodic Analysis-Issue 82 (Free Access)The analyst believes that the price of ADAUSD will increase within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Cardano (ADA) reached its highest price on Sep 2, 2021 — it amounted to 3.08728 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 0.21893 USD on Jun 10, 2023. 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 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.
You can discuss Cardano (ADA) with other users in our public chats, Minds or in the comments to Ideas.