ADA

The post XRP Hits $0.60 With Cardano Stuck At $0.33. Will ADA Price Make A Comeback? appeared first on Coinpedia Fintech News Amid the broader market recovery, the altcoins are gaining momentum with minor hiccups along the way. In the top gainers, the XRP price ranks high as it reclaims the $0.60 level overnight. However, the ADA price trend struggles for a comeback from $0.335 and bounces back from a support trendline.  Let’s have a closer look at the XRP…

The post Cardano could fall another 12%, ADA price prediction for August 8 appeared first on Coinpedia Fintech News In this ongoing market recovery, most of the top assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have experienced a significant upside move. Whereas, the Proof-of-stake (PoS) blockchain Cardano (ADA) remains dull compared to the top 10 assets by market capitalization.  ADA open interest declines by 8% With its decent performance, ADA looks bearish. At number 10 with a market…

Cardano is one of the altcoins that have been significantly impacted in the crypto market crash triggered by the Bitcoin decline. However, while this could sound as the end of the road for some, others are seeing this as an opportunity to buy the cryptocurrency for cheap. One of those is crypto analyst Alan Santana, whose recent analysis points toward bullishness for the ADA price in spite of the decline. The State Of Cardano Crypto analyst Alan Santana has outlined…

The cryptocurrency market recently experienced a downturn as Bitcoin has dipped from a high of $70,000 to below $61,000 in recent days. The bearish momentum could be attributed to the recent weak job report triggering a market-wide crash. This downward trajectory has triggered a debate casting a glow at altcoins led by Solana and Cardano, which witnessed notable milestones in their ecosystem.  Amidst this development, PawFury is emerging as a presale project to watch, promising high returns with seemingly predictable…

The cryptocurrency markets have recovered over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies rebounding after a bloodbath that saw their prices hit lows not seen in months. The crash in the Japanese stock market triggered panic across the traditional and cryptocurrency markets.  Bitcoin (BTC) has been down almost 17% over the past week, while ETH has been down by nearly 25% in the same period, with the latter witnessing its steepest fall…

The post What’s Next For Ripple (XRP) And Cardano (ADA) As Crypto Market Crash! appeared first on Coinpedia Fintech News With the rising FUD for a global recession around the world, the cross-border markets have experienced a significant correction in their respective portfolios. Moreover, market leader Bitcoin price has recorded a 24-hour low of $49,121.29. Following this, top altcoins have recorded a similar price action and have plunged below their important support levels. Ripple’s XRP and Cardano’s ADA tokens were…

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing a similar large transaction volume as Ethereum. In the last 24 hours, Cardano recorded a large transaction volume of $6.7 billion, while Ethereum witnessed a…

The Bitcoin (BTC) price has tumbled below $65,000 as rising geopolitical tensions came into focus once again as the Middle East stands on the precipice of a broader conflict after Iran reportedly ordered retaliatory attacks against Israel. As a result, spooked investors turned bearish, sending prices crashing.  Before the drop, Bitcoin bulls were eying the $70,000 level, but sellers fiercely defended the upper levels of BTC’s trading range. Analysts were closely watching the $69,000 level, believing it to be crucial…

Over the past four months, Cardano (ADA) has faced a significant decline. The ongoing bear market and continued selling pressure have led to negative funding rates and reduced investor confidence, with its value dropping 50% from March's peak. Although there has been a slight recovery, the overall bearish sentiment remains strong, as evidenced by the increasing negative funding rates and reduced whale activity. This situation has heightened concerns about ADA’s short-term outlook among traders and analysts. In contrast, MoonTaurus (MNTR)…