Since December ADA has pretty crashed against the USD, where we saw price falling as much as 82%! Now the rate of change in price has slowed down and volume is also extremely. This is usually an early indication for a change in price trend.
Cardano is developing a smart contract platform. Cardano is currently at number 7. The Smart Contract approach will fundamentally change the world over the next few years. There is agreement on that. At the end of the day, only a few platforms survive. Cardano could be one of them. Currently the price is low. A token like Cardano has the potential to go back to 1...
BUY LOW - SELL HIGH. BUY LOW - SELL HIGH
ADA: Drops 40% over 7 days, correction.
Drops 33% over 3 days, correction.
Drops 50% over 7 days, correction. and now we see some consolidation (relatively speaking) over 25 days.
My point is a simple one; cardano has dropped and dropped and dropped and then dropped again, the 3 month...
Cardano is a very popular crypto in the community with a great team, white paper, and road map. The only problem is that they don't have a real product yet and wont for a long time. It's for that reason ADA is not as bullish as other popular cryptos like LTC, NEO and OMG and thus is subject to the same pattern as all other alts finding massive growth then...
Good morning, Traders! Cardanos price has recently broken out of a smaller descending triangle to create this longer-term one. Most descending triangles have a very high chance to break bearish rather than bullish. Although, due to the magnitude that this break will entail, I don't believe holders and supporters of this coin will allow that to happen. If the...
Hi ADA holders !
TECHNOLOGY ADOPTION NEED LOG SCALE
I have decided to look more at logarithmic scale, because it make much more sens in the term of technology adoption that the classical linear scale.
I remind you that technology adoption grow with a sigmoidal curve, and the growth in this curve is exponential. So logarithmic scale make all sens with blockchain...
Let's start by saying Cardano is a good solid coin, and I think it is a common believe.
ADA went through a big jolt of Eliot Wave that started mid December 2017 and reached a peak on January 5th.
after the dust settled it was left quite used and abused to lick its wounds, and i do believe it is now coming to.
It looks like an accumulation zone, so everybody - stock up!
The Cardano Prize dropped further against US dollars and bitcoins. ADA / USD is currently well below $ 0.3500 and in a bearish zone but have increased the last 8 hours from $0.3 to $0.33.
The ADA prize is struggling to recover, and it recently fell below $ 0.332 against US dollar.
There is a large drop channel that resists $ 0.3205 on the ADA / USD pair...
