Tag: Cardano

Cardano Price Analysis: ADA/USD Could Extend Declines To $0.072

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Key Highlights ADA price failed to stay above the $0.0760 support and extended losses against the US Dollar (tethered). There was a break below a key bullish trend line with support at $0.0760 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may perhaps continue to move down towards the $0.0730 or $0.0720 support. Cardano price is slowly moving lower against the US Dollar and Bitcoin. ADA/USD could accelerate declines towards the $0.0720 support in the near term. Cardano Price Analysis Recently, cardano price settled…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 12

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Nikolay Storonsky, CEO and co-founder of Revolut Ltd., a digital banking provider with a user base of two million, has said at the Web Summit 2018 in Lisbon, that large institutions are showing little interest in digital assets. Any new technology takes time…

Cardano Price Analysis: ADA/USD Could Resume Gains Above $0.080

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Key Highlights ADA price corrected lower recently and tested the $0.0738 support area against the US Dollar (tethered). There is a major bullish trend line formed with support at $0.0755 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to climb higher once again above the $0.0780 resistance in the near term. Cardano price is holding key supports against the US Dollar and Bitcoin. ADA/USD could break the $0.0780 resistance as long as it is above $0.0735. Cardano Price Analysis After trading above…

Cardano, Zcash, Stellar Surge Prior to Coinbase Listing, XLM up 27%

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Twitter Facebook LinkedIn As the anticipation towards additional cryptocurrency integrations builds following the listing of Basic Attention Token (BAT) and 0x (ZRX), the prices of Cardano (ADA), Zcash (ZEC), and Stellar (XLM) have started to surge. Since November 2, the day BAT was officially integrated into Coinbase Pro and Coinbase.com, XLM, the native cryptocurrency of the Stellar blockchain network, has increased from $0.22 to $0.28, by more than 27 percent. Cardano and Zcash, two cryptocurrencies alongside Stellar, BAT, and 0x Coinbase expressed its interest in May, have also increased substantially…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 9

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  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. While many experts and investors view the current crypto bear market as a negative, economist Tyler Cowen, professor at George Mason University, believes that a crash is positive because it helps clean up the system. The dotcom bubble, though painful, wiped out the…

Cardano Price Analysis: ADA/USD Could Correct Towards $0.075

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Key Highlights ADA price traded above the $0.0800 resistance before correcting lower against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.0785 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains at a risk of more declines below the $0.0770 and $0.0760 levels in the near term. Cardano price is currently correcting lower against the US Dollar and Bitcoin. ADA/USD could slide towards $0.0750 if sellers remain in action in the coming sessions. Cardano Price…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 7

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp drop in Bitcoin’s volatility at a time when the volatility in the U.S. stock markets soared is a sign that cryptocurrencies have decoupled from equity markets. It has emerged as an independent asset class, buoyed by fundamentals. A recent report by Morgan…

Cardano Price Analysis: ADA/USD Buyers In Control, $0.080 Next?

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Key Highlights ADA price traded higher recently and broke the $0.0750 resistance against the US Dollar (tethered). There are two bullish trend lines in place with support at $0.0740 and $0.0730 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported and buyers could attempt to push the price towards $0.0800 in the near term. Cardano price is moving nicely against the US Dollar and Bitcoin. ADA/USD is likely to continue higher towards the $0.0800 and $0.0810 levels. Cardano Price Analysis In the…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 2

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The inflows to crypto investment firm Grayscale have topped $330 million year-to-date, which is the highest since the firm started operations five years ago. A breakdown of the investor profile shows that a major chunk of the money came from the institutions, which is…

Cardano Price Analysis: ADA/USD Eyeing Rebound Above $0.075

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Key Highlights ADA price found support near the $0.0680 level and recovered against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.0710 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently trading in a bullish zone and it could move towards $0.0750 or $0.0780 in the near term. Cardano price is rebounding against the US Dollar and Bitcoin. ADA/USD is likely to correct further higher towards the $0.0750 level. Cardano Price Analysis In the…