Cardano network activity and ADA’s oversold price action hint at a powerful breakout
On-chain growth, a surge in DeFi use and positive technical outlook could back a breakout in ADA price.
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Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout
The so-called "Alonzo" upgrade did little in protecting Cardano from falling in tandem with the rest of the cryptocurrency market, though bullish technical factors remain.
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.
Cardano price eyes $3, but ADA chart fractal hints at a potential 40% correction
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit.