Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ADA
Crypto Price Analysis 7/01 BTC, ETH, BNB, SOL, DOT, DOGE, ADA, UNI
Despite bearish predictions, Bitcoin (BTC) has crossed $63,000, rebounding after hitting its support level of $60,000 on Friday, with buyers entering the market and pushing the price higher. In the short term, analysts expect Bitcoin to stay between $60,000 and $64,000, with the potential to break out of this range after a couple of weeks. A Tussle Between The Bulls And The Bears Last week, Bitcoin dropped slightly below its support level of $60,000. However, lower levels attracted a large…
11 months ago
Top Crypto Trader Predict Cardano (ADA) Price Set To Skyrocket to $0.7
The post Top Crypto Trader Predict Cardano (ADA) Price Set To Skyrocket to $0.7 appeared first on Coinpedia Fintech News Crypto trader Captain Faibik has pointed out a notable technical pattern on Cardano’s (ADA) daily timeframe chart, suggesting a potential breakout could rally to $0.7 in the coming days. This prediction aligns with the upcoming Chang Hard Fork, where ADA’s price has started to recover after weeks of decline. Cardano ADA To Hit $0.7 According to Faibik’s analysis, the Falling…
12 months ago
ADA vs. CKIT: Will Cosmic Kittens (CKIT) Replace Cardano (ADA) in Top 20 Cryptos
Big names like Cardano (ADA) have found their place, but newcomers like Cosmic Kittens (CKIT) are shaking things up with fresh ideas. So, here's the question: Can a newbie like CKIT, with its play-to-earn concept, beat out the well-known Cardano (ADA) and make it into the top 20 cryptocurrencies? Let's compare what each project brings and see who might come out on top. >>>Click Here To Learn More About Cosmic Kittens (CKIT)<<< Cardano (ADA) Experiences A Weekly Drop, Analysts Anticipate…
12 months ago
Potential Bridge Between Cardano ($ADA) and Polkadot ($DOT) Sparks Community Interest
The Polkadot community is considering a proposal for a new bridge to enhance interoperability with Cardano, hoping to benefit both ecosystems by addressing current connectivity challenges. New Bridge Under Discussion The Polkadot community is exploring the potential for a bridge between the Polkadot and Cardano networks. Discussions are ongoing regarding the feasibility of this project. According to Felix, an agent within the Unifires ecosystem, a Cardano-Polkadot light client and NFT swap bridge are currently under development, and the proposal has…
12 months ago
Cardano (ADA) Price Analysis: Analyst Predicts $24 Target Amid Resilience and Upgrades
Cardano (ADA) has recently faced significant challenges and developments, including a thwarted DDoS attack that was intended to disrupt its blockchain operations. Market analysts like FieryTrading predicted ADA could reach $24 per coin, reflecting a bullish sentiment based on long-term chart analysis. Cardano (ADA) has been bustling with activity recently. From enduring a DDoS attack to preparing for significant network upgrades, the project is continuously evolving. Amidst these developments, analyst FieryTrading on TradingView has generated buzz with a bullish prediction:…
12 months ago
Weekly Crypto News: BNB, BTC, RBLK, ADA, and DOT Round-Up
The crypto bear market has stalled the upward momentum of major coins, including Bitcoin, Binance Coin (BNB), Cardano (ADA), and even Polkadot‘s DOT. After BTC dropped to its current price below $62,000, crypto news headlines were ablaze with FUD about the market’s future. Amid all the noise, one promising altcoin proves naysayers wrong – Rollblock ($RBLK). The online gambling market is growing fast, and Rollblock is decentralizing this $450 billion gambling industry with an ingenious play-to-earn online casino. In its…
12 months ago
Cardano (ADA) Faces Further Decline, $0.3389 Support Under Threat
Cardano (ADA) is currently experiencing a downward trend, with its price approaching the crucial support level of $0.3389. The cryptocurrency market has been under significant bearish pressure, and ADA is no exception. This decline is fueled by a mix of macroeconomic factors, market sentiment, and technical indicators pointing to continued weakness. As Cardano nears this critical support level, investors and traders are closely monitoring its performance to determine if it can hold the line or if further declines are imminent.…
12 months ago
Cardano (ADA) Faces Fresh Decline: Key Drivers Behind The Downtrend
Cardano price failed to surpass $0.40 and started another decline. ADA is now trading below $0.3850 and might extend losses in the near term. ADA price started a fresh decline and traded below $0.3880. The price is trading below $0.3850 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.3845 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could extend losses and test the…
12 months ago
Cardano Holds Strong After DDoS Attack: Market Outlook Turns Bullish For ADA
The Cardano network recently faced a distributed denial of service (DDoS) attack, a malicious attempt to disrupt its operations. However, the mechanisms and decentralized structure of Cardano effectively mitigated the attack, ensuring uninterrupted stability and operation. This display of resilience has garnered praise from bullish investors and renewed confidence in the price appreciation prospects of Cardano’s native token, ADA. DDoS Attack Propels Bullish Sentiment Jaromir Tesar, an industry expert, highlighted that most services, including SundaeSwap, which processed many orders, continued…
12 months ago