Recently, crypto analyst @XForceGlobal has shared a video chart analysis focusing on Cardano (ADA), a cryptocurrency that has been labeled as a “dinosaur coin” by many in the current market. The analysis provided an in-depth look at Cardano’s position within the Elliott Wave cycle, suggesting that ADA is on the brink of entering a strong
Cardano
Cardano, one of the most anticipated blockchain projects, has decided to postpone the highly awaited Chang hardfork to September 1, 2024. This decision was confirmed by Cardano founder Charles Hoskinson in a recent announcement. According to him, the delay is to give platforms like Binance more time to prepare for the hardfork. This move reflects
Cardano has recently been the subject of numerous bullish predictions, particularly in relation to the upcoming Chang upgrade. The optimism surrounding this upgrade has sparked enthusiasm among supporters and investors alike. One such optimistic prediction comes from crypto analyst Alan Santana, who foresees a significant rally in the altcoin’s price that could propel it to
The recent surge in the price of Cardano (ADA) has sparked a wave of optimism among investors, with many hoping to capitalize on the gains. However, on-chain data suggests that a significant portion of Cardano investors might be inclined to secure their profits rather than hold on to their positions. Despite the price gain of
Ronaldo, an experienced crypto enthusiast, has dedicated over five years to researching and understanding the world of cryptocurrencies. His journey began with a spark of curiosity that evolved into a deep passion for exploring the intricacies of this groundbreaking technology. Ronaldo’s expertise lies in technical analysis, where he believes that studying charts and deciphering price
In a market that is recovering, Cardano stands out with a resurgence of bullish sentiments despite its underperformance compared to other major cryptocurrencies. Bitcoin has reclaimed the $61,000 price mark, boosting optimism across the market. Cardano’s weighted sentiment score is currently at an impressive 1.69, surpassing other assets like Bitcoin and Ethereum. This represents the
Cardano (ADA) has recently been dethroned from the top 10 cryptocurrencies by market capitalization, being replaced by Tron (TRX) in an unexpected turn of events. The popular altcoin, Cardano, has seen a significant decline in its market capitalization, dropping to around $12.3 billion due to considerable price decreases over the past week. This marked shift
The rise and fall of ADA, the native token of Cardano, has been a rollercoaster ride for investors and traders alike. At the peak of the 2020 to 2021 bull run, ADA surged to $3 in August, fueled by the activation of smart contracts and the completion of the Alonzo hard fork. However, the euphoria
Cardano, once a prominent figure in the top 10 cryptocurrencies, has now slipped below that rank in terms of market capitalization. This decline comes as no surprise to those closely following the cryptocurrency, as it has been struggling to keep up with the increasing competition and slow adoption rates in the market. One of the
Intersect, the organization overseeing the development of the Cardano blockchain, has issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for Chang Upgrade #1. According to a statement by Intersect, more than 80% of stake pool operators on Cardano have already transitioned to the latest validator node, 9.1.0. However,