CARDANO. (ADA.USDT). If Cardano can stay above 40 cents, we will see a higher price. otherwise, a fall and, at best, a price correction are inevitable. The third case is to increase the price to 40 cents and then adjust the price.by bozorgzadeh4
CARDANO: Hydra update Bullish for ADAHi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 Cardano (ADA) has gained significant global recognition as a blockchain platform due to its emphasis on scalability, security, and interoperability. Frederik Gregaard, CEO of the Cardano Foundation, recently shared his vision for potential use cases, envisioning a future where Cardano plays a pivotal role in areas such as supply chain management, digital identity, and decentralized finance (DeFi). In recent developments, Cardano welcomed the launch of Empowa, a new platform built on its network, which aims to address the housing crisis in Africa. Empowa operates as a DeFi platform, providing affordable housing loans to low-income families within the country. The platform operates entirely on Cardano's infrastructure, demonstrating the platform's capability to support innovative solutions. Furthermore, Cardano has introduced Hydra, a scalability solution designed to enhance its mainnet's transaction throughput. Hydra serves as a layer 2 scaling mechanism that enables a significant increase in transactions per second while maintaining the security and decentralization aspects of the Cardano network. This becomes particularly significant as Ethereum experiences surging gas fees, prompting users to explore alternative options. Looking ahead, Cardano's founder, Charles Hoskinson, who is also a co-founder of Ethereum, consistently emphasizes the importance of true decentralization as a global imperative. Cardano continues to prioritize scalability, security, and interoperability, attracting developers and entrepreneurs interested in building decentralized applications with practical use cases. With the recent launch of Empowa and the upcoming implementation of Alonzo, Cardano showcases its potential to emerge as a significant player in the realms of DeFi and smart contracts. The introduction of Hydra further strengthens its position as a secure and scalable blockchain platform. The underlying technology of Cardano and its recent launch have the potential to disrupt traditional financial service providers and institutions in several ways: Decentralization and Trust: Cardano's blockchain technology operates on a decentralized network, meaning that it does not rely on a central authority or intermediary for transactions and record-keeping. This decentralized nature eliminates the need for traditional financial institutions as middlemen, reducing transaction costs and increasing trust in the system. By leveraging blockchain's transparent and immutable nature, Cardano offers a trustless environment where participants can interact directly without the need for intermediaries. Scalability and Efficiency: The scalability solutions implemented in Cardano, such as the Hydra protocol, enable the network to process a high volume of transactions per second. This scalability advantage allows Cardano to handle a large number of users and transactions simultaneously, providing efficiency and faster settlement times compared to traditional financial systems that may suffer from bottlenecks and delays. Lower Costs: Traditional financial institutions often impose high fees for various services, including remittances, loans, and cross-border transactions. Cardano's decentralized infrastructure and smart contract capabilities can significantly reduce costs associated with these services. For example, decentralized finance (DeFi) platforms built on Cardano can provide lending, borrowing, and other financial services at a fraction of the cost compared to traditional intermediaries. Inclusion and Accessibility: One of the key advantages of Cardano is its potential to provide financial services to underserved populations. By leveraging its interoperability features, Cardano can facilitate cross-border transactions and enable access to financial services for individuals who are unbanked or underbanked. This inclusivity can help bridge the gap between different economic strata, empowering individuals and communities that have been historically marginalized by traditional financial institutions. Innovation and Smart Contracts: Cardano's platform enables the development and execution of smart contracts, which are self-executing contracts with predefined conditions that automatically execute when the conditions are met. Smart contracts offer a programmable and auditable framework for various financial applications, including decentralized exchanges, lending platforms, and insurance services. The ability to create innovative financial products and services on Cardano opens up new opportunities for entrepreneurs and developers to disrupt the traditional financial landscape. While the adoption of Cardano and its technology in the mainstream financial industry is still in its early stages, the platform's focus on scalability, security, and interoperability positions it as a potential competitor to traditional financial service providers and institutions. As Cardano continues to evolve and attract more users and developers, its impact on traditional finance could become more significant in the future. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck KUCOIN:ADAUSDT COINBASE:ADAUSDT BINANCE:ADAUSDT CRYPTOCAP:ADA COINBASE:ADAUSD KRAKEN:ADAUSD BITFINEX:ADAUSD Longby CryptoCheck-Updated 545462
Targets according to the conditions mentioned in ADAUSDTIf the triangle is broken from the top side, the targets are probably defined as a rangeby shirkhanian_javad7
ADA back down to pump to the ultimate, what do you think.I have provided some TA regarding ADA, the Zombie crypto that has recently been moving quite a lot. In this scenario I predict ADA to bounce back to the support line and then take of from there till after BTC Halving which is in APRIL 2024, no looking back from there!Longby CryptoWolfyNL114
📈📊 #ChartPattern Alert! 📈📊 📈 Channel 📈A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel. Ascending Channel: This channel forms when prices have an overall upward trend, but this trend is contained within two upward-sloping parallel lines. The lower level is the support, where prices often find buyers, while the upper level is the resistance, where sellers may come into play. Traders often view the ascending channel as a sign of the continuation of the existing uptrend. Descending Channel: On the other hand, the descending channel forms when prices have a downward trend, but this trend is bounded by two downward-sloping parallel lines. The upper level is the resistance, where prices tend to retreat, while the lower level is the support, where minor bounces may occur. Traders typically interpret the descending channel as a sign of the continuation of the downtrend. Channel analysis is an important tool for traders as it can help identify entry and exit points, as well as set profit targets and stop-loss levels. However, it's crucial to note that channels are not foolproof, and prices can break beyond the channel lines, signaling a change in trend. In summary, a "channel" is a chart formation that depicts the direction and strength of a price trend in a financial asset. It's a useful tool for traders looking to make informed decisions about their market trades. by RaffDN2
Cardano Monthly Bullish MACD ProjectionHere is my very rough estimate of when it might be time to sell the top of this bull market. I just project the MACD line in the direction it is headed and go for a full cycle until we get the bearish MACD cross, when it will be time to sell.. I don't know how high we will go during the bull market, but what I drew is just a rough projection of my expectations. Longby TheChartWhispererUpdated 4425
💎 $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 Longby ArmanShabanTrading3311
ADA WHAT'S NEXT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ADA What's next. As we mentioned previously, price broke above our major high and we were expecting new bullish movement, as we were around a massive support zone. Meanwhile, and for now price approached a massive resistance zone, where we will be looking for new bearish reversal movements. Moreover, price is still overall bullish and for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected. Until that price is still overall bullish and price can still trade higher and higher by breaking above our upper flat trendline. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaali3
ADA/USDT - Long Wait Has Come To End (We Reached Resistance) The price has reached the anticipated resistance zone, currently demonstrating strong holding power from sellers. Furthermore, the RSI exiting the overbought zone indicates the beginning of a potential bearish trend. This combination of factors—the resistance hold and the RSI shift—suggests that traders may start to see a downward trend in price. Now waiting to see if we will reach that target support around $0.2550 Swallow Team Shortby SwallowPremiumUpdated 4
ADAUSD_4HHello Cardano analysis in the medium term The market is suffering in a corrective triangle, and with the breaking of the upward trend line, it will be possible to climb The important number is 0.3800 Target 0.4444Longby Elliottwaveofficial2
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...by Traderman99Updated 1113
ADA: Let Me Explain Why We May Continue Down to 35 CentsHi Everyone! The Red and Blue Lines in the 3h, 4h, 6h and 8h are super low levels at present. Which means they require a lot of work to get back above Yellow Level 50 in order to see another significant move up with expansion of the B-Bands. The 3h, 4h, 6h and 8h are at the bottom of this chart from left to right: I also pointed out in the video we need to see the next 24h candle, 2-Day candle and 4-Day candle. The Red Line the next 2-Day candle may be on the verge of falling down from Magenta Level 60; implying potential to fall down from the Magenta upper b-band to the Yellow b-band basis in the 2-Day. Bottom Line: We need the Red and Blue Lines in the entire short term group of time frames to rise above yellow level 50 by the time we get a new 24-hour candle. Otherwise, we are subject to see another drop down again to near $0.3479 (Just under $0.35 cents).20:01by WyckoffModeUpdated 1135
ADAUSDT - BEARISH TREND - 15MThey made lower low and Lower High and Also Relative Strength Index, tells that the trend is Bearish.Shortby alifalaksher0
ADAUSDT.P Bearish SignalCardano seems bearish. I could drop to 0.36 before the bulls finally take overShortby Crypto_Midas1112
IGNORING THE BEARISH DIV WAS MY BIGGEST MISTAKE ON ADANow looking back it was so obvious but at the time All the influencers and news were on ADA I held my bag from 0.3-0.5 to 3$ without taking any profit ưntil it tanked Longby Hai10Year3
ADAThere's HnS pattern on 4h/1h TF, while the volume decrease. There's high chance we will see another pullback up to $0.38 afterall to proven this pattern and suddenly break down. Be safe, smart trader!Shortby vahidzamani671
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. Longby DEXWireNews1
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 #DYORLongby ZEUS_Market_Alerts11
Watch this levelMight be retesting resistance level. Think we could see it bouncing under it.by Quinten1013
ADAUSDT 1W The price of Cardano has reached an important area in the weekly time frame, which determines the future trend of its price. 🔻 Monitor the price area of 0.38 to 0.41 🔺 by amirjk9302
Cardano reach resistanceCRYPTOCAP:ADA reach symmetrical triangle resistance at $0.3963, entering short with $0.3641 as target is a good idea with stop level above previous high at $0.4004 Good luck, dont forget to support this idea.Shortby AzrulAzirUpdated 15
ADA / USDTADA is encountering significant resistance at the $0.40 level ✅. There is a possibility of a price pump merely to clear liquidity. If the price demonstrates rejection in the form of a red candle, the next target could be $0.33. Stay vigilant for this potential move in ADA.Shortby HUMCRYPTOCLUB0
🌐 Cardano's Liftoff: ADA's Rally & Vision for Tomorrow! 🧬Hold onto your hats, ADA holders, because Cardano's not just charting, it's heart-starting with a rally that's ready to rumble! 📈💥 Up 17% and eyeing the next peak, ADA's showing the crypto world it's more than just hype. But wait, there's more to this story than just numbers. Cardano's playing the long game, weaving blockchain and AI to potentially extend the sands of our hourglass. Yes, we're talking about pushing the boundaries of human life. 🧬🔬 A rally in health, if you will. As if that's not enough, Charles Hoskinson is out there waving the Cardano flag, talking big on global crypto regulation. 🌐🎙️ It's not just about growth; it's about sustainable and smart expansion, making sure ADA's trajectory is as stable as it is spectacular. And let's not forget, the price trajectory for the week is something to keep an eye on. Will it be a smooth sail or are there storms on the horizon? Either way, we're in for a ride. 🎢👀 Emojis: 🚀🧬📈💥🔬🌐🎙️🎢👀 One Love, The FXPROFESSOR 💙 Links: How blockchain, AI can help research into extending human life: cointelegraph.com Cardano (ADA) up 17%, Here's Why It Is Ready for Next Rally u.today Cardano’s Charles Hoskinson talks global crypto regulation: ambcrypto.com Renowned Analysts Explain Why Cardano (ADA) Price Could Reach $0.42 This Week: beincrypto.comLongby FX_ProfessorUpdated 2230