Since striking its ATH on 2 September, Cardano (ADA) initiated its downtrend and practically swayed below its 20-50 EMA. The decline proved to be rather menacing for the bulls as they failed to defend the $1-mark. A close above the $0.9-mark would position ADA for a possible retest of its Point of Control (POC). Post […]

After more than a month-long slump in the crypto market, some cryptocurrencies have started a new round of rebounds. Among them, Cardano (ADA) is one of the most prominent cryptocurrencies. The protocol has had impressive developments over the years despite the price not reciprocating it. More scaling  Cardano over the years witnessed increased pressure on […]

Cardano ($ADA) holders have kept on accumulating and taking advantage of price dips to now have their largest balance since December 2019, when the cryptocurrency was trading at about $0.03. Since December 2019, the price of the cryptocurrency has exploded to a $3 all-time high before entering a downtrend, affected by the wider cryptocurrency market. […]

Cardano is known for its scientific approach to building a fair, sustainable, and decentralized network. A Kraken report called Cardano, a Nakamoto-style cryptocurrency with a Bitcoin-like supply model that deflates over time. In fact, the Cardano foundation has been citing its bullish predictions for its native token. However, it is to be noted, the price […]