Hello
It seems that ADA has been finished major correction and now is in a rally to make its impulse waves BUT I do not believe that I prefer to be pessimistic about today's cryptocurrency market situation when SPX is full and sentiment, momentum and volume does not support Crypto Reversed Market but it is necessary to consider
all alternative in spite of the...
Together with most other cryptocurrencies, ADA has managed to recover significantly from the lows of 2022 and 2023.
While the chart outlook for the big brother, Bitcoin, is bullish, further price increases are also anticipated for ADA.
These should at least reach the highs of February 2022.
The On-Balance Volume (OBV) is confirming the trend, and signs of...
WHITE WALKER WINTER IS OVER ...
- Scalable - sustainable - deflationary - (appreciation curve greater then ENTH)
Ethiopia - Has started to use for recognition of ID's.. Could it be easily incorporated into WEB 3?
This Bull is Gonna Hibernate for a bit
It's all in the market cap difference. Smaller coins have so much more upside. Just look at the last run... ADA topped at 2250% gain versus BTC at 620%
With an impending Golden Cross, technical indicators pointing to a breakout, I believe that ADA could find some strength if it was to break it's trending ceiling.
Unlike XRP, Cardano's (ADA) 2021 run was NOT a retrace of its market cap. It was a new 2.618 extension of its prior market cap.
Does this put Cardano in more of a position to retrace its market cap during its next run (rather than set a new All Time High)?
Does this mean that ADA is less likely to run as hot during the next "Alt Season" when it finally arrives?...
We've been in a bear market on crypto for a while now and it's possible it remains that way as things are not looking good in the world. Crypto markets are heavily reliant on fundamental and sentimental analysis(people's emotions ). It might take a while before the next bounce so we are gonna take advantage of the selling opportunity although it won't last long we...
ADA is moving in a similar pattern to its trend during the second half of 2019.
ADA just finished a relatively weak reflexive rally after forming a local bottom in the beginning of March.
Overall, ADA looks like it can lose half of its value over the next 200 days.
Ellio wave 1 to 5 in a down trend completed, we reached a buy zone formed a over a year ago in a daily timeframe, it should retrace to 50% fib zone. we might see a retracement back to a downtrend once it breaks so after it goes to break the structure raise your stop loss to profit.
Stop loss: 24.39
Entry : 28.10
Take profit: 54.60
Things have been pretty tense lately to say the least, and I'm also waiting to see whether the crypto market will pump or dump. For what it's worth, last week's headlines suggest there is a higher likelihood that we will see the former rather than the latter.
For starters, there were a bunch of surveys and studies which found that the demand from crypto from...
ADA had crucial fundamentals spiking it up high and fast...
It since got shorted back down and has formed strong support around our MA's and Long zones.
Now is a good time to get some long for a move higher...
A friend told me to buy into this coin, so I took $500 and bought this dip. I think we're at support, and ready to start heading up.
I'll be looking at this coin, SHIB and DOGE heading forward.
Curious what everyone else is doing with ADA
Cardano has became one of the best cryptocurrencies with their excellent technology that could to eliminate the barrier in the Blockchain technology.
Today, I want to show you my prediction what I hope for Cardano, adoption, and my price prediction that I update today where I thinking to sell Cardano in my specific price, and combining with ADA/BTC & ADA/ETH...
In anticipation for the Alonzo Smart Contract rollout, ADA has seen the second largest weekly inflows (10.1mn based on CoinShares weekly report) pushing it to all time highs (~101B Market Cap) over the past month. ADA has been performing well even during ETH's troughs as it is an alternative DApp platform to ETH. I expect to see a near-term pullback on ADA's...
Based on my technical analysis which is based on a trend / support and resistance line charted on the monthly. With an average of a 5-7 day short term trend up or down
We most recently broke a short term down trend which resistance was confirmed 3 times
I also see a possible 20% correction to previous support, but these are oversold levels - and is a great...
