ADA

The post ADA, FTM And Other Altcoins Will Rally Soon; Indicators Turn Green appeared first on Coinpedia Fintech News Currently, Bitcoin is up by 4% and many altcoins are printing gains. According to the analyst of The Sniper Trading Show, this suggests that when the market is in a state of extreme fear, it can be a good time to take on risk. To maximize gains, he recommends categorizing tokens into low, medium, high, and very high risk. As the market…

The post XRP or ADA, Which Altcoin Will Hit $1 First? appeared first on Coinpedia Fintech News With the bullish recovery in the cross-border payment system, the cryptocurrency market has displayed a strong bounce back in its valuation. Further, the Bitcoin price has successfully reclaimed the $60,000 mark, highlighting increased positive influence in the crypto space. Following this, top altcoins have displayed a similar price action by adding significant valuation to their respective portfolios. Moreover, XRP and ADA coins have…

Tokens Still Show the Ability to Bounce Altcoins are not offering vertical climbs anymore, where any asset could do a 10X in days. However, well-established tokens still stage strong recoveries, for traders that have a strategy of buying the dip. The strategy helped boost Cardano (ADA) and Shiba Inu (SHIB), despite their disparate communities. Clandeno (CLD) offers even stronger bounce potential, as it starts out with a new presale-stage ICO. The Clandeno (CLD) token offers utility as the native asset…

JPMorgan analysts predict a potential bottom for the current market correction, expecting Bitcoin and altcoins to bounce back strongly in August. The upcoming launch of spot Ethereum ETF could prove to be a major catalyst to trigger the altcoin market rally going ahead. Along with the strong selling pressure in Bitcoin, altcoins too have been facing the brunt in this broader market correction. However, banking giant JPMorgan believes that the bottom could be potentially in as we could be heading…

Cardano (ADA) lately has been steadily climbing toward the $0.4233 resistance level. This upward movement which has persisted for a while now is raising curiosity among market participants as to whether the crypto asset can continue to maintain its bullish momentum and break through this significant resistance level.  Also, Cardano’s recent price performance has showcased its potential for further growth. As ADA continues to maintain its steady upward trajectory, this article delves into exploring this current price action and analyzes…

The upcoming Chang hard fork and the announcement of the CIP-1694 update which will mark the transition into the final Voltaire era, have led to Cardano’s significant price surges amidst stagnant market conditions. The Voltaire era will introduce crucial governance and treasury management functionalities, potentially driving ADA’s price surging. In the teeth of stagnant market conditions, ADA, Cardano’s native token is currently showing signs of life with the token experiencing notable price surges. Cardano, led by Charles Hoskinson has become…

Bitcoin (BTC) has dropped over the past couple of days after failing to push above the $60,000 mark. After reaching a high of $59,683, BTC fell into the red and settled at $57,386, with sellers active at higher levels. Despite BTC’s difficulty in recent days, one analyst has predicted that it could hit a staggering $330,000 this bull cycle. Smart Money Is Betting On BTC The staggering prediction was made by independent analyst Arsen, who, unfazed by BTC’s recent dip,…

Cardano price started a steady increase above the $0.3850 resistance. ADA is now eyeing a close above $0.40 to gain bullish momentum. ADA price started a fresh increase and traded above $0.3880. The price is trading above $0.390 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.3935 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if it closes above the $0.40…

The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June. Daily whale inflows have steadied under 5 million ADA since the beginning of the month, save for a recent spike earlier in the week. Particularly, on-chain data from IntoTheBlock indicate a recent 1,218% spike in daily whale inflows, a development that may signal the start…