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ADA Goguen era coming in Q2Smart contracts allows projects to transfer from Ethereum to Cardano, creating good opportunity for projects to save on the Eth gas fees. If the Alonzo "hard-fork" works successfully, we will officially be in the Goguen era and projects will start transferring over from Eth. This mean we could seeway more transactions on the Cardano blockchain, increasing the demand for its native coin, the ADA. There will be a certain fear before major Alonzo "Hard fork". ADA might retrace to sub 1$ prices after next pump. In the years-long run, ADA will catch up on ETH and reach 200G market cap. It might not be as quick as presented here, but it is a certainty that the Cardano team at IOG and IOHK will not stop working until they built the worlds best blockchain!
Long
by TheGoer
2
ADAUSD poised for growthADA growth curve adjusted after the recent semi-crash of markets. Its adjusted trajectory might hint at a higher price target than earlier estimated. It remains to be seen if the regained confidence in the market will continue. At least for now, ADA has regained its position as the third largest crypto asset by market cap. -------------- This content is just my personal opinion, does not constitute financial or investment advice, and you should not execute any trade based on it. Please do your own research.
BINANCE:ADAUSDLong
by prhasn
1
ADA/USD possible support and resistance zonesThese zones are merely an indication of where ,in the past, there has been conflicting market psychology. Meaning there were people on the bullish side but also people on the bearish side. This could mean that at this price people take a profit or become less confident in the coin. Therefore we can use these zones with proper knowledge of price action and also an understanding of the current sentiment of the crypto market to make and informed "guess" on the direction of ADA/USD. You should not "expect" the price to do anything , you should merely follow this because it is the most likely outcome based on all the knowledge from price action, market sentiment and an understanding of the fundamentals of crypto and trading. Being "likely" does not guarantee the outcome and I can not even guarantee that it is indeed "likely". Don't be too attached to these lines you draw on a chart. They highlight interesting things, they are not "laws of the market" or something like that.
KRAKEN:ADAUSD
by bozzextro
Buy ADA. Lose deposit. Greed won't let you close your position.How much more can ADA grow? If you look at all the previous movements of this asset you may notice, it won't grow 1000 times. Perhaps it will grow by another 60-70%. This idea can't be confirmed by anything, it's just likely. But the bulk of people are buying this asset now. (if you can call it like that). There is a high probability that these traders may not have a chance to sell theirs ADA coins before the fall. The nearest support area is $0.37-0.38 Risk/Reward less than 1. (Such a Risk/Reward is called gambling.)
by pennygene
23
Cardano ADA still performing well, but don't buyWarning: our thoughts are ours; not financial advice. If you have bought Cardano before now, then good for you. You are at an insane profit right now. But if you are contemplating buying some Cardano right now, please hold on to that thought. You might be buying Cardano at the top. You definitely don't want that. There are a lot of cheaper assets to buy presently. However, that's not to give up on buying Cardano. We'll consider a huge dump down to 83 cents a great buy zone as of this moment.
Long
by coin-barbie