Tag Archives: Cardano Technical Analysis

Analyst Predicts 2,000% Cardano Rally: ‘Fractal Is Too Clean To Ignore’

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Crypto-market commentator “Quantum Ascend” devoted a 8 June video to a single idea: the price structure that once catapulted Ethereum Classic to its bull-market peak is about to do the same for Cardano—and could deliver a twenty-fold advance if history “rhymes rather than repeats.” Speaking to his followers, the analyst opened by noting that ADA’s… Continue reading Analyst Predicts 2,000% Cardano Rally: ‘Fractal Is Too Clean To Ignore’→

Social Media Loves Cardano, But The Chart Signals Caution

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Despite high optimism among Cardano (ADA) supporters, a look at the weekly chart (ADA/USDT) suggests the exuberance may be premature. While bullish sentiment has grown in tandem with recent regulatory nods, ADA’s price action remains under critical resistance, flashing cautionary signals such as a bearish engulfing pattern. Cardano: Rising Hype Vs. Bearish Technicals On-chain analytics… Continue reading Social Media Loves Cardano, But The Chart Signals Caution→

Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details

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Cardano (ADA) has been a focal point of the crypto market’s volatility, experiencing sharp price swings over the past week, particularly during the weekend. In just a few days, ADA has dropped over 18%, leading to growing fear and uncertainty among investors. This significant decline has shaken confidence in Cardano’s short-term outlook, with many wondering… Continue reading Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details→

Cardano Follows 2020 Bullish Pattern – Top Analyst Plans To Take Profits Between $4 And $6

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Cardano (ADA) faced a 23% retrace from its local highs yesterday, following a volatile day that saw many altcoins lose ground. Despite the correction, ADA has been one of the top-performing altcoins since November 5, showcasing its resilience amid market fluctuations. Investors remain optimistic that Cardano will continue outperforming as the broader crypto market gains… Continue reading Cardano Follows 2020 Bullish Pattern – Top Analyst Plans To Take Profits Between $4 And $6→

Cardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details

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Cardano (ADA) is currently trading near its yearly lows after months of underwhelming price action. Since early August, the price has struggled to hold above the crucial $0.36 level. This shift has left ADA in a precarious position, with investors and traders watching for signs of a potential recovery. Data from IntoTheBlock highlights a significant… Continue reading Cardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details→