Cardano (ADA) Volumes Almost Double, CoinBase Could Trigger Rally

Cardano (ADA) price up 17.4 percent CoinBase could offer support for ADA Transaction averages almost double in the last two weeks After dropping from the top 10, Cardano (ADA) is up 17.4 percent in the previous week. Because of this, it is one of the top performers and could register more gains if CoinBase supports ADA. Cardano Price Analysis Fundamentals On one end, CoinBase never-ending controversy makes them appear weak. However, as the third most liquid exchange after Binance and Liquid, their influence cannot be written off. The CoinBase Effect…

Cardano 1.5 Means Project Shelly, Will ADA Prices Respond?

Cardano price stable but bullish Development and consequent release of Cardano 1.5 test-net positive Average volumes low, pumps must be accompanied by volumes above 210 million Project Shelly is on the horizon thanks to Cardano 1.5. That means an improved consensus protocol that could possibly drive Cardano (ADA) above 4.5 cents towards 6 cents. Cardano Price Analysis Fundamentals That Cardano is special is true. The evidence is littered all over the inter-webs, and as they continue to research, their priority is not on speed but quality. While they admit that…

Crypto Market Turns Green: EOS, Cardano (ADA), Stellar (XLM), Dogecoin Price Analysis

Key Points The total crypto market cap bounced back and moved above the $110.00B resistance zone. EOS price rallied more than 30% and climbed above the $2.50 resistance. Cardano (ADA) price moved above the $0.0300 and $0.0320 resistance levels. Setllar (XLM) gained more than 15% and traded above $0.1100. Dogecoin price rallied more than 20% and climbed above $0.0025. The total crypto market cap surged higher above $110.00B. Bitcoin, Ethereum, ripple and altcoins like EOS, Cardano (ADA), Stellar (XLM) and Dogecoin rallied sharply. EOS Price Analysis After struggling a lot…

Cardano Price Analysis: ADA/USD Decline Below $0.030 Looks Real

Key Highlights ADA price declined heavily and broke the $0.0320 and $0.0300 support levels against the US Dollar (tethered). There are two bearish trend lines formed with resistance at $0.0320 and $0.0350 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could correct higher in the short term, but upsides remain capped near $0.0320 and $0.0310. Cardano price is under heavy selling pressure against the US Dollar and Bitcoin. ADA/USD may continue to decline and it could test the $0.0260 support. Cardano Price Analysis There…

EOS, Monero (XMR), Litecoin (LTC), Stellar Lumens (XLM), Cardano (ADA) Price Analysis

Aside from Litecoin, most coins under our preview are trading below important support levels. After breaking below 15 cents, we expect Stellar Lumens prices to drop to 8 cents while Cardano’s losses could see ADA print new 2018 lows. Let’s have a look at these charts: EOS Price Analysis No doubt, losses are steep in EOS/USD pair. It is even made worse by centralization claims, Dan Larimer project hopping and the obvious block producer corruption. At spot prices EOS is down 11 percent in the last day pushing weekly losses…

Cardano Price Analysis: ADA/USD Could Extend Declines Below $0.038

Key Highlights ADA price failed to stay above the $0.0380 support and declined recently against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.0398 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could continue to move down and it is likely to revisit the $0.0350 support level. Cardano price failed to gain momentum against the US Dollar and Bitcoin. ADA/USD declined below $0.0380 and it could continue to move down towards $0.0350. Cardano Price Analysis…

EOS, Tron (TRX), Litecoin (LTC), Stellar Lumens (XLM), Cardano (ADA) Price Analysis

Losses are steep in EOS and this is partly because of block producer centralization claims and the uncertainty around Dan Larimer commitment. But while we expect bears to slow down, Tron is stable and up 22 percent in the last week. In fact, it could break and close above 1.5 cents main resistance line igniting buyers aiming at 3 cents. EOS Price Analysis The EOSIO network might be one of the fastest smart contracting platforms around but with a DPoS consensus algorithm introducing block producers or super nodes, the networks…

Stellar Lumens, EOS, Litecoin, Cardano and Tron Price Analysis

Despite a spike in blockchain activity, EOS prices are yet to recover. The coin is actually the worst performer in the top 10 dropping 12 percent in the last day. However, the trend is uniform across the board with losses visible in Litecoin, Stellar Lumens and one of last week’s top performer, Tron. Nonetheless, we expect prices to bounce back and every low is technically a buy opportunity. Let’s have a look at these charts: EOS Price Analysis Once again, EOS on-chain activities is on overdrive recording 44,780,217 transactions at…

Cardano Price Analysis: ADA/USD Remains Supported Above $0.035

Key Highlights ADA price topped near the $0.0440 level and later corrected lower against the US Dollar (tethered). There is a major breakout pattern in place with resistance at $0.0430 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could dip in the short term, but it remains supported near $0.0395 and $0.0378. Cardano price is holding gains against the US Dollar and Bitcoin. ADA/USD musts stay above $0.0370 and $0.0350 for a fresh upward move in the near term. Cardano Price Analysis There were…

Cardano Price Analysis: ADA/USD Could Climb Above $0.045

Key Highlights ADA price started a decent recovery after forming a support at $0.0350 against the US Dollar (tethered). There is a short term bullish trend line formed with support at $0.0410 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to climb further higher and it may even break $0.0450 in the near term. Cardano price recovered recently against the US Dollar and Bitcoin. ADA/USD may accelerate gains above the $0.0440 and $0.0450 resistance levels. Cardano Price Analysis After forming a support…