Cardano alert: Why $0.43 is the price level to watch for ADA
The OBV has been flat over the past few days after the heavy drop in the first week of August, showing buyers were not dominant yet.
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The OBV has been flat over the past few days after the heavy drop in the first week of August, showing buyers were not dominant yet.
As Cardano (ADA) continues to dominate the development activity scene, the tenth-largest cryptocurrency based on market value might be gearing up for a major boost.
Check out which cryptocurrencies made the top 10 list in terms of notable development activity in the last month.
Charles Hoskinson, the founder of Cardano, became the focus of controversy. The publication's description of Hoskinson as a “cult leader” and Cardano as an “Ethereum clone” has led to a strong response from both the Cardano community and its founder.
ADA experienced a notable 6% rally, bringing its price to approximately $0.33. At the time of writing, the cryptocurrency had maintained a modest 1% gain over the past 24 hours.
Cardano (ADA) is approaching a critical juncture as it eyes a retest of the key $0.3389 support level. In recent trading sessions, ADA‘s price has previously risen above this level and is currently dropping for a second retest thereby raising concerns among investors and traders.
Cardano has recently implemented a significant upgrade to its Hydra Head scaling solution, marking a key step towards enhancing network transactions.
Cardano founder Charles Hoskinson has teased the Cardano community on the upcoming release of the Chang hard fork.
Cardano price experienced a slight decline of 0.37% to $0.34 amid a less volatile market on Saturday. As Bitcoin maintained stability above $60,000, most major altcoins saw consolidation following the mid-week rally.
With the price of Bitcoin hovering close to its $60,000 mark, top altcoins have recorded a neutral price action in their respective portfolios over the past two days. On the other hand, following the Ripple vs SEC hearing, the XRP price recorded a surge of over 20%, resulting in it reclaiming the $0.60 mark.
Cardano (ADA) is aligned to welcome the Chang hard fork, one of its major upgrades in history. Given recent developments, the launch looks closer than expected.
In the first week of August 2024, Crypto whales loaded XRP, Cardano, and Ondo. It is also to note that the number of whales scooping Bitcoin is at the highest since 2014.
The 180-day MDIA has climbed higher since March, and is nearly at the October 2023 levels
Despite the ‘Crypto for Harris' campaign and an attempt to build an image for Kamala Harris in the crypto industry, the top players seem to have no change of opinion towards the Democratic leaders. Cardano CEO Charles Hoskinson said that the Whitehouse is in a war with crypto.
Buyers are struggling to build upon Bitcoin's sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
TL;DR 70% of Staking Pool Operators (SPOs) have upgraded to node version 9.1.0, bringing the activation of the Chang Hard Fork on Cardano closer. The Chang hard fork seeks to remove IOHK's direct responsibility for managing Cardano, promoting decentralized governance. ADA price has increased by 2.
Cardano (ADA), one of the largest and longest-standing proof-of-stake (PoS) cryptocurrencies, achieved ultra-low levels of inflation. Community enthusiast explains what it means for ADA economics and why it makes Cardano (ADA) a target for criticism.
The Cardano blockchain has significantly upgraded the Hydra Head scaling solution, embodied in version 0.18.0. This update will help enhance transactions on the protocol, eliminating withdrawal lags.
The central goal of the Chang fork upgrade is to remove IOHK, Cardano's development firm, from the direct responsibility of managing the seven-year-old blockchain.
This guide will spotlight the most promising cryptocurrencies in the sector. It offers an informative overview of investment opportunities in Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polkadot (DOT), and BlockDAG (BDAG). The exploration commences with the enduring legacy of Bitcoin and concludes with the transformative potential of BlockDAG, poised to revolutionise the blockchain landscape. 1.
Cardano (ADA) remains one of the cryptocurrency market's notable players despite the token being on the brink of falling out of the top ten digital assets by market cap.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) After a difficult start on Monday, Ethereum closes the week with a 15% loss.
Cardano's nodes are 70% ready to run version 9.1.0, and will automatically introduce Stage 1 of the Chang hard fork. Cardano still awaits Stage 2 to become a governance network with delegates and voting.
The DTX Exchange (DTX) has taken center stage in the crypto arena after SolidProof has completed its KYC process. Meanwhile, top crypto traders from successful projects such as Cardano (ADA), Polkadot (DOT) and Kaspa (KAS) have shown interest in this Stage 2 presale star.
