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Analysts Kick Against Cardano Recovery, Says ADA Price Is Destined For 33% Crash

Cardano

The overall bearish sentiment for Cardano (ADA) continues to rise as analysts now foresee a massive 33% price crash for the altcoin. This pessimistic projection comes as ADA struggles to gain traction in the market, with its value remaining stagnant or steadily dropping to lower levels.  Cardano (ADA) Crash Incoming Compared to other prominent altcoins…

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Cardano (ADA) Whales Securing Gains After 10% Upswing: What’s Next?

Cardano

Cardano has surged over 10%,  breaking a key resistance level, and is now testing higher prices. Despite the bullish momentum, on-chain data reveals that long-term holders are beginning to take profits. The ratio of daily on-chain transactions in profit to loss has turned positive, suggesting that many investors are capitalizing on recent gains. As the…

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Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

Cardano

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage. August Highlights In a recent social media…

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Cardano (ADA) Rally Brewing? On-Chain Metrics Suggest Investors Optimism

Cardano

Cardano (ADA) is currently trading just below a critical resistance level at $0.33 after a week of intense fear and uncertainty in the market. However, on-chain data from IntoTheBlock suggests that some investors see this as a potential buying opportunity, anticipating a market recovery in the near future.  Despite the broader downturn, certain metrics indicate…

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Here’s How Cardano Price Will ‘Survive’ A US Recession: Crypto Analyst

Cardano

In a new video analysis, popular crypto analyst Dan Gambardello delved into the potential future of the Cardano (ADA) price amidst the troubling forecasts of a US recession. With a significant following of 369,000 on YouTube, Gambardello highlighted the general unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding…

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Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’

Cardano

In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang”…

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Cardano (ADA) Q2 Digest: Major Double-Digit Decrease Across Four Vital Metrics

Cardano

According to a recent report by data intelligence firm Messari, Cardano and its native token, ADA, experienced a notable decline in the second quarter (Q2) of 2024, reflecting the broader downturn affecting the cryptocurrency market. Key performance indicators also showed significant decreases in various metrics. Price Plunge, Market Cap Dips To $14 Billion According to…

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Crypto Analyst Says Cardano (ADA) Is Set For 1,000% Rally To $4.29, Here’s Why

Cardano

Cardano (ADA) has been stuck in a challenging position for the past few years, struggling with stagnant price growth despite being one of the most popular altcoins in the space. A crypto analyst has offered insights into why Cardano has underperformed while also maintaining an optimistic outlook and predicting a 1,000% rally to new highs…

Crypto Analyst Says Cardano (ADA) Is Set For 1,000% Rally To $4.29, Here’s Why Read More »

Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When

Cardano

Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana,…

Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When Read More »

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