Cardano (ADA) Price Analysis and Prediction: Lurking and Waiting

2019-10-2 14:07

ADABTC

Even though a lot of traders will draw chart of individual coins, it is a historical fact that altcoins make notable moves only after bitcoin propels the whole market to flex its muscles.

ADA is currently at 468 sats or $0.038 and has a trivial real trading volume of only $2 million per day which makes its reported trading volume of $11 million overstated by more than 5x.

ADA is hovering right above the level of 457 sats, a support and resistance formed back in August. It also seems to be forming a symmetric triangle and it will reach its peak in approx 10 days so that will be an interesting development to follow. Should the market wake up and do a bull run, ADA will break up out of it as well.

Total market cap analysis

Just like in the days before, the overall market is still glued below the resistance level of $219 billions. We need to gain momentum to test this zone before any significant bull run is to be expected.

Here is a guide how to store ADA and this one is on long term ADA prediction.

What can give an impetus for a move up? Right now, no fundamentals of significant magnitude are on the horizon and the only thing that could prop the market up is either whale manipulation or another round of Tether printing.

The Crypto fear and greed index is also looking much better as the needle travels north, reaching the 39 points on this scale that uses 5 different source of information to calculate its value – Volatility, volume, social media, google trends, dominance. As a reminder, the pointer stooped to the levels of 20-25 points only couple of days ago. So the sentiment is on the rise.

Other news

IOHK CEO Charles Hoskinson announced a partnership with sneaker manufacturer New Balance at the Cardano Summit in Bulgaria on Saturday. The stated goal? To use IOHK’s Cardano blockchain to ensure that New Balance shoes are authentic.

The post Cardano (ADA) Price Analysis and Prediction: Lurking and Waiting appeared first on CaptainAltcoin.

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Cardano (ADA) на Currencies.ru

$ 0.9122 (+0.07%)
Объем 24H $1.235b
Изменеия 24h: 0.33 %, 7d: -15.90 %
Cегодня L: $0.8775 - H: $0.9214
Капитализация $32.044b Rank 9
Цена в час новости $ 0.044792 (1936.52%)

ada cardano only waiting analysis price lurking

Источник: captainaltcoin.com

ada cardano → Результатов: 126


Аналитик прогнозирует рост Cardano на 2288% до $6 и определяет, когда может начаться бычий забег ADA

Несмотря на то, что биткоин превысил $71 тыс. , Cardano торгуется по $0,3473, что отражает потерю 12% по сравнению с ценой месяц назад. Сегодня ADA показала рост всего на 2,2% на фоне возобновления бычьего импульса на рынке криптовалют.

2024-10-30 08:24


Фото:

Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage.

2024-9-10 13:00


Cardano (ADA): Hoskinson Updates ADA Community, Cardano (ADA) Investors Question Will ADA Maintain For 2024

Cardano (ADA) has undergone significant developments recently, especially with the successful implementation of the Chang Hard Fork, marking the beginning of the Conway Era. This major upgrade has introduced new decentralized governance models to the blockchain, allowing ADA holders to directly vote on decisions that impact the network.

2024-9-7 17:18


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