Key facts today
Cardano (ADA) dropped 10% this week, struggling to stay above $0.90. Current support is at $0.64, with potential declines to $0.56 and $0.50 if it breaks below $0.67.
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
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$ADA about to popCRYPTOCAP:ADA currently sits at strong support. and is technically repeating the exact pattern from previous Bull Runs, this does not guarantee repetition but I extrapolate the phrase, the trend is your friend and feel it applies macro scale.
ETF soon
Crypto laws passed
Leios inbound
Glacier dro
ADA Cardano Decsending Triangle Use Caution HereCardano had a heck of a move but i think its going to erase most if not all of it before it goes on its next leg up. A break over the overhead resistance line and finding support above would invalidate this. Not financial advice just my opinion. Thank you
ATH for ADA soonChart says it all, ADA looks prime to run, could reach as high as $6.80
1. Technological Upgrades and Hard ForksThe Plomin Hard Fork in Q1 2025 enhanced governance, while upcoming features like Leios for scalability, BTC DeFi interoperability, L2s, and partnerchains boost efficiency and adoption, p
ADA - pull back then blast offIf ADA breaks below 0.85 I believe the next level of support will be @ 0.78 - this price level acted as resistance and was the Weekly high on 3 x occassions. Thus it is assumed that resistance will flip into support.
Bearish div. Suggests a move down as well as a break in the uptrend.
Entry @ 0.7
Last Cycle -> This CycleNo two cycles have ever been exactly the same and it remains to be seen if that will ever happen. Bitcoin has thus far demonstrated a certain amount of cyclicity and predictable behavior on a 4-year time scale that has been widely studied and written about. Given BTC's overall influence on the asset
$ADA Macro ThesisGD To all
I have cleaned up and thrown a few other correlated patterns on the Chart for my Macro thesis.
You will have to watch the metrics and on chain data as well as sentiment to verify as we move fwd.
This is Pattern recognition on a Log Chart:
BINANCE:ADAUSD
I have been using this thesis
ADA, long term dubious speculationWARNING: This idea is highly dubious!
This is a logarithmic estimate of potential targets, in case Cardano moves in long logarithmic measures.
The real potential of this idea is strongly linked to the fundamentals evolution on time, i.e.: FED reducing the interest rate, for instance, but not only
Panic sets in. but its all goodThe crypto market has experienced a strong panic driven correction as the FED refuses to cut rates and inflation is on the rise while wages are slowly in decline.
CRYPTOCAP:ADA continues to provide thrills and chills
Is it time to dump? and cry into your empty wallet?
IMO NO, CRYPTOCAP:BTC h
ADAUSD – Recovery, But Below The LineADA broke below the 200 SMA yesterday, selling off from $0.83 into $0.78 before forming a strong reversal pattern. It's now pushing back toward $0.81 resistance, but volume and RSI are showing signs of slowing. A reclaim of $0.8100 could trigger another leg toward $0.8170+. Until then, it’s a fading
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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.