Will History Repeat for Cardano? Looking back we can see the timing of previous runups. 6 month consolidation (grey boxes) followed by a 1-2 month rip of 4-5x. 0.51 support seems to be holding up well so far.. double Wyckoff snipe at the 0.786 retracement level. If history repeats, ADA trades rangebound until Oct/2025 before its ne
Key facts today
Cardano (ADA) is consolidating above $0.560, with resistance at the 20-day EMA of $0.59. A drop below $0.54 may test support at $0.50, while a rise could reach $0.67.
The SEC has accepted Grayscale's plan to convert its Digital Large Cap Fund into an ETF, including Cardano (ADA). A ruling is expected by July 2, with a 95% approval chance.
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
Related pairs
$ADA Short IdeaCRYPTOCAP:BTC.D just broke and retested its 0.786 retracement and is now headed for 71% over the next 3-4 months. I would expect ADA to first fall to 0.51 (0.786 fib). More likely it will bounce off the bottom of this accumulation cylinder at 0.38 range before making another significant move up, me
Cardano UpdateA lot of you have been DMing me asking for altcoin analysis. i hear you, but here's the truth:
- Right now, most altcoins are simply too weak to offer a reliable forecast. I prefer to post when timing makes sense, not just for engagement, but to avoid misleading anyone.
- BTC Dominance is still he
Cardona: Keep accumulating at lower pricesHello,
Cardona is currently correcting on the 2 days' timeframe. Looking at the Fibonacci retracement, the pair has retraced from the recent top and is trading near the 78% retracement level. The coin is currently correcting hence setting up for a good opportunity for buys. The flag pattern is a gr
Cardano (ADA) - BIG falling wedgeCardano (ADA) Technichal Analysis
ADA has been trading within a falling wedge – a pattern that often signals a potential breakout.
✅ Watch the green trendline as key support. If price holds above, we could see bullish moves within the range.
⚠️ Break below may lead to uncertain, choppy territory.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Cardano (ADA) reached its highest price on Sep 2, 2021 — it amounted to 3.08728 USD. Find more insights on the ADA price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Cardano (ADA) reached the lowest price of 0.21893 USD on Jun 10, 2023. View more Cardano dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying ADA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ADA right from TradingView charts — just choose a broker and connect to your account.
You can discuss Cardano (ADA) with other users in our public chats, Minds or in the comments to Ideas.