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

$ 0.6223 (-1.70%)
Объем 24H $1.637b
Изменеия 24h: 11.81 %, 7d: -4.06 %
Cегодня L: $0.6223 - H: $0.6438
Капитализация $21.957b Rank 10
Цена в час новости $ 0.044792 (1289.31%)

ada cardano only waiting analysis price lurking

Источник: captainaltcoin.com

ada cardano → Результатов: 126


Will These Bullish Indicators Skyrocket Cardano in 2025? ADA Price Prediction

Big news for Cardano fans – ADA just got listed on Coinbase. This means more people and big companies can now buy it. Could this make ADA price shoot up, or are there risks we should know about? Kris Does Crypto, who has over 11,000 YouTube subscribers, thinks several things point to ADA growing a […] The post Will These Bullish Indicators Skyrocket Cardano in 2025? ADA Price Prediction appeared first on CaptainAltcoin.

2025-4-3 13:30


Cardano Sees Record-High Positive Sentiment After SEC Announcement – 5 Reasons ADA Is a Good Buy

Cardano (ADA) has experienced a significant surge in positive sentiment across social media platforms following recent regulatory developments. According to Santiment, the cryptocurrency’s community has driven bullishness to its highest level in over four months, largely influenced by the SEC’s recognition of ADA’s use case for “smart contracts for government services.

2025-3-19 12:30


Cardano’s Plomin Hard Fork: A Catalyst for ADA Growth Amidst Market Volatility?

As it moves through a dynamic crypto market and recent watershed moments become crystallized, Cardano (ADA) finds itself more and more at a point of potentially great significance. In this transitional moment, it has introduced decentralized governance, and what that really means is that ADA holders now have the power to effectively vote on major [...]

2025-1-29 22:10


Фото:

Legendary Trader Peter Brandt Says Cardano Setting Up For Monster Bull Rally After Forming Bottom

Cardano (ADA), the native governance token of the proof-of-stake layer-1 network of the same name, recently lept back above the $1 threshold – indicating robust buying momentum. Like other major cryptocurrencies, ADA has enjoyed the latest Trump-spurred upsurge, largely due to its parent company, Input Output Global (IOG) being a U.

2025-1-20 16:52


Прогноз Cardano: поднимется ли ADA до $1,50 или упадет к $0,70?

Cardano (ADA) демонстрирует рекордный рост за последние 15 месяцев. Скачок цены начался 4 ноября и совпал с переизбранием Дональда Трампа. Это укрепило оптимизм инвесторов. На недельном графике криптовалюта продолжает формировать более высокие максимумы и минимумы.

2024-12-30 17:28


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