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This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) After a difficult start in July, Ethereum bounced by 7% this week and recovered some of the most recent losses.
Bitcoin (BTC) has dropped over the past couple of days after failing to push above the $60,000 mark. After reaching a high of $59,683, BTC fell into the red and settled at $57,386, with sellers active at higher levels.
The crypto markets are again displaying the growing strength of the bears as market capitalization has approached $2.11 trillion. While the top tokens are consolidating within a narrow range, the third-generation token, Cardano, is preparing for a huge move.
Cardano price started a steady increase above the $0.3850 resistance. ADA is now eyeing a close above $0.40 to gain bullish momentum.
As of July 9, 2024, Cardano (ADA) is trading at $0.3719, reflecting a 1.16% increase over the past 24 hours. With a market capitalization of approximately $13.3 billion and a 24-hour trading volume of $308 million, ADA is currently ranked 10th on CoinMarketCap.
The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June.
Ethereum has hit probably its biggest win yet this summer. The asset has gained more than 10% since reaching the bottom, which pushed it above the 200 EMA threshold.
With $23M on the line in Cardano's Fund12, find out what's next now that voting has wrapped up.
Amid the recent downturn in the global crypto market, a recent Crypto Banter Dylan's Trading Show session has caught the eye with some bold claims regarding what comes next for Solana and Ethereum and some negative sentiment on XRP and ADA. Over the past years, crypto analysts in the industry have been discovering and analyzing patterns in the market because this could help them predict future directions.
An interesting situation has formed on the price chart of Cardano (ADA), drawing the attention of keen market observers. Over the last four months, Cardano's price has been on a relentless decline.
Cardano, currently the 10th biggest cryptocurrency by market cap, is on track to mark its fourth consecutive day of gains. Since it rebounded from Monday's lows of $0.33, ADA has steadily ticked higher; if today closes in green, ADA will mark its fourth day of gains.
Cardano (ADA) shows potential for a 10% price rally and sees a massive 1,218% surge in whale inflows. Here are the technical analysis and whale activity driving ADA's bullish momentum.
Cardano (ADA) has shown remarkable resilience amid recent market turbulence, building curiosity about its future price potential. If ADA repeats its historic rallies of 5,960% in 2018 or 16,620% in 2021, the cryptocurrency could see extraordinary gains.
Cardano (ADA) is undergoing significant upgrades that could boost its price in the coming months.
On Crypto Banter's Dylan's Trading Show, the analyst said that when trading altcoins, it is crucial to watch market dominance. Currently, dominance is trending down, which is positive for altcoins. This downward trend is characterized by lower highs, and a further decline to around 54% would be ideal.
The crypto world is buzzing with the recent installation of Node 9.0.0 on Cardano (ADA), one of the most promising blockchains in the sector.
Chronoshot, a free-to-play sci-fi shooting game powered by the Cardano blockchain, is now available for wishlisting on the Epic Games Store.
While other cryptocurrencies are bracing for an extended price dip, Cardano (ADA) enthusiasts are rubbing their hands in glee over the prospects of an iconic rally poised to send the native token to a new all-time high.
Cardano Price Analysis: ADA, the native cryptocurrency of the Cardano ecosystem has been rising for three consecutive days amid broader market recovery. The Bitcoin price reversal from $55000 and resilience to the continued selling from the German government has eased supply pressure from the market.
Bitcoin's recovery faces selling near $60,000, indicating that bears remain active at higher price levels.
Cardano (ADA) is undergoing significant developments that could potentially drive its price higher in the coming months.
Cardano (ADA) is looking to step out of its long-term negative price trend; however, crucial resistance lies ahead. Based on price data at the moment, Cardano has jumped by more than 3% in 24 hours to $0.3837.
Cardano (ADA), currently the 10th largest cryptocurrency by market capitalization, is seeing a surge in large holder inflows, an indicator that tracks the funds going into large holder, or whale, addresses.
The Cardano-powered sci-fi shooter game Chronoshot was added to the wishlist on the Epic Games Store on Tuesday, marking a remarkable step for the game developer and the ADA ecosystem. Charles Hoskinson, the founder of Cardano, expressed his excitement about this important milestone, stating, “Cardano Games on Epic makes me happy.
