Cardano

An analyst has pointed out how Shiba Inu (SHIB), Solana (SOL), and Cardano (ADA) are among the altcoins seeing a buy signal on this indicator. Shiba Inu, Solana, & Cardano Form Buy Signal Following Market Crash In a new post on X, analyst Ali Martinez has talked about how a Tom Demark (TD) Sequential signal has formed for Shiba Inu, Solana, and Cardano recently. The “TD Sequential” here refers to an indicator in technical analysis (TA) that’s generally used for…

It's been a tumultuous second quarter in 2024, especially when we were coming off the back of altcoin rallies in Q1. Now, crypto folk have had to deal with an unwanted bearish slump interrupting the crypto bull run, and traders are anxious about how the rest of the year will play out. Not to worry, though. Cardano (ADA) seems to be preparing a transition to bullish mode soon, while Notcoin (NOT) might be looking for a way back to its…

The cryptocurrency market as of now appears to be volatile, especially with Cardano (ADA) and Ondo struggling to regain momentum after a significant price dip. While these two coins are struggling, Raboo, a new meme coin is making waves.  Although Raboo is still in its presales, it has shown signs and signals of great potential. The AI backed meme coin has a lot of features that make it stand out, including ability to monetize content. Find out more about Raboo…

As the meme coin sector seeks to bounce back from the recent liquidations, coins like Cardano (ADA) and Book of Meme (BOME) take a hit in token price as well. The second half of the year approaches, and bear sentiment for both coins continues to spur their investors on a search for the next crypto token with high profits. As Raboo's ($RABT) presale gathers momentum and inches faster towards a 100X profit post-launch era, these investors may have found exactly…

ADA and XRP undergo a massive shorting amid the ongoing market downturn, however, analysts believe that this could be a catalyst for a bullish reversal.  Another analyst discloses that crypto assets have about 8-10 months to return to bullish ways after their previous peak, implying that XRP’s rally is long overdue.  Amid the ongoing broad market downturn, Cardano (ADA) and Ripple’s XRP follow the bearish direction of Bitcoin (BTC) which has broken a crucial support level to trade below $64k.…

Cardano community begins voting for the Interim Constitutional Committee (ICC). The voting process is a crucial step towards governance restructuring under the Chang hard fork. In a recent update on Cardano, as reported by CNF, the crypto market saw a sudden rebound with Cardano (ADA) surging by more than 4% before dipping back into the “red zone” to trade at $0.39. This fluctuation coincides with the beginning of the voting process for the Interim Constitutional Committee (ICC) on June 13,…

On-chain analytics platform Santiment has outlined a factor that could contribute to Cardano (ADA) and XRP enjoying further moves to the upside. Both tokens recorded relief pumps following the recent decline in the crypto market, but market traders believe this development is far from a bullish reversal.  Heavy Trader Shorting Could Lead To Price Rises For Cardano And XRP Santiment claimed in an X (formerly Twitter) post that the heavy trader shorting which Cardano and XRP are currently seeing could…

The Cardano decline in the past week seems to be coming to an end, as evidenced by on-chain data. While the overall crypto market has been in a slump, Cardano is starting to buck the trend. ADA, Cardano’s native token, has seen a huge surge in on-chain transactions from large holders, indicating sporadic activity and interest in the blockchain. Notably, transaction data shows that Cardano has registered over $10 billion worth of large transactions in the past 24 hours, representing…

The recent daily surge in the price of XRP and ADA has been triggered by an increasing wave of short positions.  While this is said to be a good suggestion for growing market confidence, analysts believe that it could also lead to potential market volatility. The crypto market recorded a sudden rebound with Cardano (ADA) surging by more than 4% before flipping back into the “red zone” to trade at $0.39.  Similarly, XRP jumped by 3% in just 24 hours…