ADA – BitcoTasks BLOG

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

September 15, 2024

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 Price Prediction: The Roadmap To New All-Time Highs

September 14, 2024

Cardano

Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH). The analyst also suggested that Cardano was halfway to reaching a new high, noting what part of its cycle the coin was currently at. Cardano Is In Stage 3 Of Its Cycle investors begin to capitulate, thinking that the…

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

September 13, 2024

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 (ADA) Gains Traction: Is More Upside Ahead?

September 12, 2024

Ada

Cardano price started a decent increase above the $0.340 resistance. ADA is now showing positive signs and might rise further toward $0.380. ADA price started a recovery wave from the $0.3220 level. The price is trading above $0.350 and the 100-hourly simple moving average. There was a break above a key bearish trend line with…

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

September 6, 2024

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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Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally

September 6, 2024

Cryptocurrency Market News

Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024. But what really drew interest was the bold statement of Cardano analyst Dan Gambardello, that…

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Cardano (ADA) Path To Recovery: Can It Fuel a Strong Rally?

September 6, 2024

Ada

Cardano price found support near the $0.3050 level. ADA is now recovering higher and might aim for more gains above the $0.3360 resistance. ADA price started a recovery wave from the $0.3050 level. The price is trading above $0.320 and the 100-hourly simple moving average. There was a break above a key bearish trend line…

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Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21

September 4, 2024

Cryptocurrency Market News

After stealing the thunder of cryptocurrency in September 2021, Cardano fell about 90%. Its native token, ADA, lost its position in the top 10 cryptocurrencies as a result of significant losses in market capitalization. Related Reading: RENDER Flashes Red With 18% Short-Term Loss – Details This slump in market share sends quite a few questions…

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Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’

September 2, 2024

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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ADA At A Crossroads: Approaching $0.3389 Support With Potential For A Deeper Decline

August 31, 2024

Ada

Cardano (ADA) is approaching a crucial support level at $0.3389, a point that could determine its next major price movement. As the cryptocurrency nears this significant threshold, the question arises: will it hold firm, or will a break below signal a deeper decline? This pivotal moment could set the stage for significant shifts in ADA’s…

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

August 26, 2024

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 »