|All Time High:|
|Market Cap: |
Cardano is ranked #8 out of all coins. The code for Cardano is #ADA.
Cardano is 4.7 years old, and there is a very large volume of trading today on #ADA.
For this period, the price of Cardano/#ADA is down by a whopping 45%.
The lowest ADA price for this period was $0.41,
and the highest was $0.89.
Cardano (#ADA) News:
More Cardano (#ADA) News
May 27, 11:20 am
|Crypto Price Analysis May-27: Ethereum, Ripple, Cardano, Solana, and Tro...|
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Tron.
During a sustained sell-off yesterday, Ethereum lost the critical support level at $1,900, and its price fell to $1,700. This evaporated hopes of a quick recovery and turned market sentiment extremely bearish. ETH has lost 12.7% in the past seven days.
There is only one relatively good thing about the market right now - volume during this latest drop in price has been lower than on May 12th. This could signal that sellers are approaching an exhaustion point. Moreso, as long as the selling volume fails to pick up again, the daily RSI could form a bullish divergence.
ETH has had a very difficult time lately with eight consecutive weekly candles in red. To stop this downtrend, the cryptocurrency must hold above the $1,700 support level. Otherwise, bears could take the price much lower. If that happens, the next key support level will be found at $1,450, which was the previous all-time high from January 2018.
Chart by TradingView
XRP had a better week compared to Ethereum since its key support level at $0.38 has held well during the sell-off from yesterday. Nevertheless, it als...
May 27, 8:52 am
|Crypto Markets Shed $40 Billion, Ethereum and Cardano Down 5% (Market Wa...|
It's been a rough day for the cryptocurrency market, in general. The total capitalization declined by about $40 billion, and most of it was because altcoins are bleeding out.
Bitcoin Dominance on the Run
Every now and then, especially in bear markets, Bitcoin tends to outperform altcoins. The predominant reason for this is that it's an established ...
May 26, 9:57 am
|ADA Price Analysis: Cardano Crashes Below a Critical Support, Here's The...|
ADA lost the support at $0.50, and, unfortunately for the bulls, this means that lower targets are now in play.
Key Support levels: $0.39 Key Resistance levels: $0.50, $0.60
Today turned into a painful day in crypto, with most of the market taking a beating. ADA was no exception after losing the support at $0.50, which is now acting as resista...
May 26, 8:45 am
|Bitcoin Dominance at 7-Month High as Altcoins Bleed Out (Market Watch)|
Another day, another failure at the $30,000 line for bitcoin as the asset even dropped to $29,000. However, the altcoins are in an even worse shape, with substantial price losses evident across almost all charts. Ethereum struggles below $1,900, while ADA dumped beneath $0.5.
Bitcoin Stopped at $30K (Again)
It has almost become an inevitable turn o...