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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

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 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.

Continue ReadingCardano price eyes $3, but ADA chart fractal hints at a potential 40% correction