A naukri.com initiative
Cardano News
TheNewsCrypto
1M
309
Image Credit: TheNewsCrypto
Cardano (ADA) at a Crossroads: Analyst Warns of Key Support Test Amid ETF Uncertainty
- Cardano (ADA) is at a critical price level, with its 200-week moving average acting as a key support.
- Crypto analyst Dan Gambardello warns that ADA could drop to $0.50 if market conditions worsen.
- A breakout above $0.78 and $0.80 could propel ADA toward $1.25 in the next bullish move.
- Amid uncertainty stemming from the SEC's delay on the Canary ADA ETF decision, ADA's price is at a critical juncture, requiring it to hold key support levels to maintain bullish momentum.
Read Full Article
18 Likes
Crypto-News-Flash
1M
152
Image Credit: Crypto-News-Flash
Cardano Joins Forces with Draper University to Empower Blockchain Founders
- The Cardano Foundation and Draper University have launched a five-week accelerator program for blockchain startups.
- The program aims to support 20 startups working on Bitcoin DeFi, blockchain-powered research, and entertainment applications.
- Selected startups will receive an equity-free grant of 42,000 ADA, along with mentorship and funding opportunities.
- The collaboration between Cardano and Draper University aims to accelerate blockchain innovation and drive mainstream adoption.
Read Full Article
9 Likes
TheNewsCrypto
1M
260
Image Credit: TheNewsCrypto
Cardano Eyes Recovery After 5-Day Decline – Will ADA Reclaim $0.92?
- ADA shows signs of recovery after five consecutive days of losses.
- Whales have accumulated 180 million ADA tokens, increasing bullish potential.
- A breakout above $0.7351 (67.8% Fibonacci level) could fuel a rally toward $0.92.
- ADA's key resistance stands at $0.7351, while major support is at $0.65.
Read Full Article
15 Likes
Crypto-News-Flash
1M
368
Image Credit: Crypto-News-Flash
ADA Whales Buy 180M as Cardano Drops – Will History Repeat with a 4,000% Surge?
- Large investors have accumulated over 180 million ADA, signaling confidence in its long-term growth despite recent price volatility.
- Cardano's price pattern mirrors a past cycle that led to a 4,000% surge, fueling speculation of another breakout.
- The aggressive buying pattern reflects strong confidence in ADA's long-term growth. Historically, similar accumulation phases have played a crucial role in price stabilization.
- ADA's growth signals renewed institutional interest, reinforcing its potential as a long-term asset in strategic portfolios.
Read Full Article
22 Likes
Bitcoinsensus
1M
22
Image Credit: Bitcoinsensus
Cardano Price Prediction: Here’s What to Expect!
- Cardano (ADA) is at a critical moment, as it has retraced its last bullish impulse and filled the imbalance.
- There is a key H1 supply zone that could trigger a shift from bearish to bullish if broken.
- A strong H1 demand zone below could fuel a major reaction for ADA.
- The market does what it wants, so it's important to wait for confirmation before making any moves.
Read Full Article
1 Like
TheNewsCrypto
1M
134
Image Credit: TheNewsCrypto
Cardano Could Drop to $0.40 If This Happens Next
- Cardano (ADA) is facing a critical turning point with a potential 50% plunge if it fails to hold key support levels at $0.65-$0.80.
- Analyst Ali Martinez warns that if ADA slips below the $0.80-$0.60 zone, the sell-off could accelerate.
- On-chain data and technical charts paint a grim picture for ADA, with a potential drop to $0.40 if it breaks below $0.58.
- Despite the challenges, there are chances of a turnaround for Cardano with smart contract upgrades and DeFi expansion, as well as a recent MACD golden cross indicating a shift in momentum.
Read Full Article
8 Likes
Bitcoinik
1M
17
Image Credit: Bitcoinik
Cardano Price Prediction in 2025: What is Happening with Cardano (ADA)
- Cardano was founded in 2015 by Charles Hoskinson, aiming to address scalability, security, and sustainability issues in the blockchain industry, with its cryptocurrency ADA playing a vital role.
- ADA started the year on a decline, trading at around $0.7458, with traders monitoring price trends closely, considering technical indicators like the 200-day Simple Moving Average.
- Cardano peaked at $3.10 in September 2021 but currently trades 75 percent below that value, with market predictions indicating a mix of optimism and caution for its future price.
- Fineqia AG launched an exchange-traded note based on Cardano assets, reflecting the crypto-ETN market's growth in Europe, aligning with the increasing integration of cryptocurrencies into traditional financial products.
- The Cardano ecosystem saw developments like the Plomin hard fork for enhanced community involvement, and partnerships with companies like Petrobras to bring blockchain technology into global projects.
- Analysts have varying opinions on Cardano's future price, with some predicting significant growth, while others remain more conservative, with Cardano retaining a strong position in the top 10 cryptocurrencies by market cap.
- To buy and store Cardano, users need to choose a reputable cryptocurrency exchange, create an account, deposit funds, buy ADA, and store it securely in a cryptocurrency wallet.
- 2025 price predictions for Cardano are optimistic, with experts like @TheMoonCarl and CoinsKid anticipating growth in February, suggesting potential for Cardano to reach new highs, influenced by market trends and technological advancements.
- Investors should conduct thorough research before investing in the cryptocurrency market, considering its inherent risks and the evolving landscape of digital assets.
Read Full Article
1 Like
TronWeekly
1M
17
Image Credit: TronWeekly
Cardano (ADA) Struggles Near $0.66 as Market Faces Sharp Downturn
- Cardano (ADA) has experienced a significant drop of over 10% in the past 24 hours, nearing the critical support level of $0.66.
- Analysts highlight the $0.80-$0.66 zone as a make-or-break range, as breaking below $0.66 may trigger further selling.
- The 200-day Exponential Moving Average (EMA) acts as resistance at $0.7382, and the RSI at 43.57 suggests ongoing bearish momentum.
- The next few trading sessions will be crucial in determining whether Cardano finds stability or sinks deeper into bearish territory.
Read Full Article
1 Like
Bitcoinsensus
1M
49
Image Credit: Bitcoinsensus
Cardano Price Prediction: What’s Next After the Recent Drop?
- Cardano ($ADA) has retraced almost its entire recent daily structure, leaving traders questioning what comes next.
- ADA is currently sitting on a 4-hour demand zone, which could trigger a reaction.
- However, the daily demand below looks stronger, making it a better area to watch for potential buy setups.
- With no immediate liquidity traps in sight, ADA may continue ranging before a decisive move. Staying patient and flexible is advised.
Read Full Article
2 Likes
Newsbtc
1M
337
Image Credit: Newsbtc
Cardano Bulls Eye $10 Target – Analyst Reveals Key Levels To Break
- Cardano (ADA) experienced extreme volatility, surging over 80% after being included in a US Strategic Crypto Reserve but declining by 35% due to negative macroeconomic sentiment and trade war fears.
- Analyst Ali Martinez suggests that Cardano could potentially surge towards $10, but bulls need to reclaim key technical levels for a strong recovery.
- Cardano's price action is currently at a critical point, and the next few days will be crucial in determining its next move, with a potential for another explosive rally if bulls can stabilize ADA above key support.
- ADA is trading at $0.80 and needs to break through $1.17 resistance level to trigger a potential massive rally, while failure to hold above $0.80 support level could lead to further downside risk.
Read Full Article
20 Likes
Bitcoinist
1M
139
Image Credit: Bitcoinist
Cardano (ADA) Primed For Major Breakout — But Bulls Must Hold Above Key $0.80 Support
- Cardano (ADA) experienced a significant price increase following US President Donald Trump's announcement of a strategic crypto reserve.
- Crypto analyst Ali Martinez predicts a potential substantial price surge for ADA if it remains above the crucial support zone at $0.80 and breaks the key resistance level at $1.20.
- If ADA surpasses $1.20, it could enter a price discovery phase with a potential price target of $10, and potentially go as high as $16.
- However, if ADA fails to hold above $0.80, it may fall back into consolidation. At present, ADA's value is $0.81.
Read Full Article
8 Likes
Bitcoinist
1M
292
Image Credit: Bitcoinist
Cardano Price Could Be On Its Way To $2 — Here’s How
- Cardano price surged by almost 60% following US President Donald Trump’s announcement of a strategic crypto reserve.
- ADA could enter a fresh bull rally to a new high in the current cycle and potentially reach $2.
- A right-angled, descending broadening wedge pattern on the ADA daily chart suggests increasing price volatility and a potential bullish breakout.
- Cardano needs to overcome the major resistance level at $1.14 to confirm the bullish breakout and potentially more than double its price in the coming weeks.
Read Full Article
17 Likes
Newsbtc
1M
41
Image Credit: Newsbtc
Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target
- Cardano (ADA) has the potential to reach $2, according to a crypto analyst.
- ADA has established a right-angled descending wedge pattern on the charts, suggesting a possible surge if it surpasses $1.14.
- Cardano has shown steady growth despite recent fluctuations, with a 30% increase in the past week.
- The market conditions and external factors will play a significant role in determining ADA's future price trajectory.
Read Full Article
2 Likes
TheNewsCrypto
1M
419
Image Credit: TheNewsCrypto
Cardano (ADA) Poised for a Bullish Breakout: Eyes on $2 and Beyond
- Cardano (ADA) has rebounded after a sharp pullback, reaching around $0.88.
- ADA has seen a substantial 47.1% gain over the past week and remains 21% higher year-over-year.
- Analyst Ali Martinez identified a bullish right-angled descending broadening wedge pattern, with resistance at $1.14.
- Whale activity has increased, indicating accumulation of ADA by large holders.
Read Full Article
25 Likes
Cryptopotato
1M
22
Image Credit: Cryptopotato
Why is the Cardano (ADA) Price Down Today?
- Cardano (ADA) dropped to $0.82 following Trump’s executive order, with some attributing the dip to a 'sell the news' reaction.
- Concerns were raised about Cardano's founder, Charles Hoskinson, not being invited to Trump's crypto summit, affecting his role in future regulatory discussions.
- ADA's price decrease was influenced by Trump's order focused solely on bitcoin, resulting in a 6% decline in 24 hours.
- Despite the drop, potential bullish factors include a potential listing on Gemini and the potential launch of a spot ADA exchange-traded fund (ETF) in America.
Read Full Article
1 Like
For uninterrupted reading, download the app