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Cardano chart painting a bull flag for $3 ADA price ahead of ERC-20 converter launch

The classic technical pattern points to a 20% price rally in the Cardano market, with its profit target sitting above $3.

Continue ReadingCardano chart painting a bull flag for $3 ADA price ahead of ERC-20 converter launch

Bitcoin Reclaims $47K: Solana (SOL) Surges 22% to New All-time High (Market Watch)

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for…

Continue ReadingBitcoin Reclaims $47K: Solana (SOL) Surges 22% to New All-time High (Market Watch)

Cardano Price Analysis: ADA Sharply Rejected from $3 ATH, Will Next Critical Support Hold?

ADA/USD – ADA Rejected From ATH Key Support Levels: $2.57 – $2.50, $2.35, $2.15. Key Resistance Levels: $2.80, $2.95, $3.07. ADA set a new ATH price above $3 on Monday,…

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Correction Intact: Bitcoin Slumps Over $3K After the Rejection at $50K, Total Cap Retests $2T

The volatile nature of the cryptocurrency market stroke again, with bitcoin displaying several $2,000 moves in both directions. Nevertheless, BTC dropped below $47,000, and most of the altcoins have followed…

Continue ReadingCorrection Intact: Bitcoin Slumps Over $3K After the Rejection at $50K, Total Cap Retests $2T

Bitcoin Slips Below $48K as $100B Erased from the Market Cap (Market Watch)

The adverse price developments in the crypto market continue for a second consecutive day, with bitcoin dropping below $48,000. Most altcoins have suffered even more with massive price dumps, and…

Continue ReadingBitcoin Slips Below $48K as $100B Erased from the Market Cap (Market Watch)

Compliance: Cardano Foundation Implementing AML Analytics

The Cardano Foundation has now selected Coinfirm, a leading provider of regulatory technology solutions, to deploy AML/CFT analytics for the Cardano blockchain and all associated tokens. The Importance of Blockchain…

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Cardano’s Social Engagement Surpassed Bitcoin as ADA Broke ATH Nearing $3

With Cardano’s price skyrocketing to new all-time highs, the asset has garnered the attention of the cryptocurrency crowd. On-chain data from social media platforms confirmed that ADA had become the…

Continue ReadingCardano’s Social Engagement Surpassed Bitcoin as ADA Broke ATH Nearing $3

Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3

The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the…

Continue ReadingCardano chalks a bearish wedge as ADA price soars by over 100% in Q3

Cardano Price Analysis: After 135% Monthly Gains, Is ADA Set for a Larger Correction?

ADA/USD: Will Cardano Breach $3 Before a Larger Correction? Key Support Levels: $2.85, $2.60, $2.35, $2.15. Key Resistance Levels: $2.95 – $3, $3.20, $3.42. So far, ADA is up by…

Continue ReadingCardano Price Analysis: After 135% Monthly Gains, Is ADA Set for a Larger Correction?