Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Cardano analyst Dan Gambardello predicts a potential 1,000% rally for ADA against Bitcoin, citing a bullish divergence similar to 2020’s…
The post Cardano Bull Predicts ADA Could Soon Rally 1,000% Against Bitcoin first appeared on The Crypto Basic.
While Cardano (ADA) recently benefited from the latest market recovery, multiple analysts are recommending a short position on ADA, projecting…
The post Multiple Analysts Recommend Shorting Cardano, Targeting 33% Crash to $0.21 first appeared on The Crypto Basic.
Cardano (ADA) has been struggling to recover from its recent seven-day losses, leaving the crypto community divided on its future…
The post Cardano Poised for 2,200% Surge as Analysts Weigh in on Bullish Prospects first appeared on The Crypto Basic.
Market analysts believe Cardano (ADA)’s price could expand by over 19,000% when Bitcoin reaches $500,000. The crypto market is experiencing…
The post Heres Cardano Price if Bitcoin Hits $500K, Expert Analysis first appeared on The Crypto Basic.
Prominent crypto influencer and YouTuber Max Maher speculates that Cardano (ADA) is on the brink of staging its biggest pump…
The post Seasoned Expert Predicts Cardano to Surge 10x to $4.29 first appeared on The Crypto Basic.
The Cardano (ADA) price is down 46% since its yearly high and is currently facing a make-or-break price level for a bullish reversal. Heres what you need to know: Cardano Price Analysis: Daily Chart The daily ADA/USD chart is currently charting a path within a descending channel, which has defined the bearish trend since the beginning of March. On Monday, the ADA price peaked near $0.475, encountering substantial resistance at the channel’s upper boundary and from the critical 20-day Exponential Moving Average (EMA), which stands currently at $0.47. In the short-term, this resistance level is crucial as it coincides with historical price rejection points, confirming its significance. As of press time, ADA is trading at approximately $0.44. The convergence of the 20-day EMA ($0.47), 50-day EMA ($0.54), and 100-day EMA ($0.51) above the current price level illustrates a dense zone of resistance. The 200-day EMA at $0.52 reinforces this barrier, emphasizing a strong bearish momentum. Related Reading: Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price? The Relative Strength Index (RSI) on the daily chart is currently at 38, which does not venture into the oversold territory (below 30) but indicates a bearish momentum with potential for further decline unless a reversal occurs. For a bullish reversal, ADA needs a sustained break above the $0.47 mark (20-day EMA) with accompanying high volume to confirm the breakout from the descending channel and shift the market sentiment. Then, the cluster of EMAs becomes the central resistance zone. Crossing this band is of utmost importance in order to build up bullish momentum for a break above the yearly high of $0.81 from March. If not, the ADA price could trend towards the midline of the channel and drop below $0.40. In-Depth Weekly Chart Overview Transitioning to the weekly chart, the broader picture also underscores the bearish sentiment that has dominated ADA since it reached its peak at $3.17 in late 2021. The series of lower highs and lower lows is a textbook representation of a downtrend. The price action currently remains suppressed below the long-term moving averages: the 20-week EMA at $0.52, 50-week EMA at $0.48, 100-week EMA at $0.51, and 200-week EMA at $0.52, all of which slope downwards, underscoring the persistent selling pressure in recent weeks. Related Reading: Crypto Analyst Says Cardano Bloodbath Far From Over, Sets Bottom Price For ADA The Fibonacci retracement levels, drawn from the high of $3.17 to the low of $0.22, provide further insights. Currently, ADA trades near $0.44, which is above the major psychological and technical support at $0.40. The closest significant Fibonacci retracement level is the 0.236 level at $0.918, which ADA has struggled to surpass. A breach above this level could open the path toward higher Fibonacci levels at $1.348 (0.382) and $1.697 (0.5), which would require a significant shift in momentum and buying interest. Overall, for ADA to shift from its bearish constraints, attention should be focused on the daily resistance at roughly $0.47 (descending channel breakout). Overcoming this barrier would be pivotal for confirming a bullish reversal. Until this level is decisively broken with substantial volume, the outlook remains tilted towards bearish continuation. Featured image from Bitget, chart from TradingView.com
Dont miss BlockDAGs $0.0019 entry before its gone. Track the Cardano Price Prediction and see how TRON DAO showcased its strength at Harvard.
The post ADA Eyes $2.88, TRON DAO Powers Web3, BlockDAG CertiK Audit Set for Next Week appeared first on Kanalcoin.
Cardano (ADA) is breaking out from its bearish pattern with fresh momentum. Positioning for potential upside as market sentiment shifts; bears are stepping back as bulls are in control. Key reversal pattern formed after recent rally. The $ADA price is currently sitting at a demand zone, with all confluence indicating a strong demand in the […]
The price of Cardano (ADA) has experienced a decline in recent weeks. Following a peak at a 23-month high at $0.808 on March 11, the price of ADA has fallen by over 28%, and it is now hovering just below the $0.60 level. Notably, Cardano has underperformed compared to its competitors, slipping to the 10th position among the largest cryptocurrencies by market cap. However, a crypto analyst, known as Trend Rider (@TrendRidersTR) on X, has declared that ADA is showing clear signs of a bull run based on technical analysis of its Relative Strength Index (RSI) and Simple Moving Average (SMA) crossovers. What This Means For Cardano Price According to Trend Rider’s recent post on X, Cardano’s current market behavior mirrors a rare pattern in the one month chart (ADA/USD) observed only once before, which led to a significant price surge from $0.05 to $3.00. Related Reading: Cardano At Risk Of Crashing To $0.4 As Important Metrics Turn Bearish The analyst emphasized, “ADA’s undeniable bull run is here. With its second RSI crossover in history, it’s reminiscent of when prices soared from $0.05 to $3. This rare event, marking a potential trend shift as the RSI crosses its SMA, has flawlessly predicted past cycles shifts at it’s early stages. The analysis presented by Trend Rider focuses on the RSI, a momentum oscillator that measures the speed and change of price movements, and its crossover with the SMA, a common trading signal interpreted as a potential bullish or bearish market indicator. The post details three critical phases in Cardanos recent market activity. The first crossover occurred shortly after the COVID-19 pandemic onset when ADA traded at $0.19, marked by a substantial price increase following the crossover event. At the end of the 2021 bull run, a bearish crossover took place that heralded a prolonged bear market. Notice how perfect the bearish crossover anticipated the bear market. This is an extremely strong validation for this indicator. Making it very relevant to predict ADA long term cycles, the analyst states. The second bullish crossover of the RSI with the SMA occurred in October and November 2023, this event was initially met with market rejection a few months earlier, adding credibility to the indicator’s reliability in predicting long-term market trends. Related Reading: Where It Should Be: Crypto Analyst Remains Firm On $1.7 Prediction For Cardano (ADA) Trend Rider concludes, “The RSI and its SMA crossovers are an extremely reliable source to identify ADA bull runs and bear markets at its early stages.” This analysis suggests that Cardano is currently entering a bull market phase, reinforcing the optimistic outlook for ADA. Moreover, the analyst warned the one-month chart reflects a macro perspective for holders, each candle represents one month, so you can expect huge volatility within each candle. Furthermore, he cautioned of the inherent risks in crypto investments, noting the importance of a personalized investment strategy to navigate potential market volatility and unforeseen events, often referred to as ‘black swan’ events. “VERY IMPORTANT: Personally, these macro charts help me see the bigger picture, but I always use my own process to secure profits and protect myself from any black swan event,” Trend Rider added. If history is any indicator, the current patterns could spell a lucrative phase for Cardano holders, but as always in crypto markets, caution remains a critical companion to enthusiasm. Featured image from Biztech Africa, chart from TradingView.com
Cardano (ADA) is a blockchain platform renowned for its unique proof-of-stake consensus mechanism and multi-layered architecture.
Cardano prices remained stable throughout the month of April. In this Cardano price prediction article, we analyze ADA for May 2023.
See why BlockDAGs massive $205 million presale and its 2025 price target are turning heads. Plus, updates on Dogecoin market cap and Cardanos price prediction.
The post BlockDAGs Astonishing 2380% RiseCould It Hit $1 by 2025? Insights on Dogecoin Market Cap & ADAs Price Outlook appeared first on Kanalcoin.
Cardano (ADA) is showing signs of strength, holding above a critical support level despite recent market volatility. With a potential breakout on the horizon, traders are closely watching ADAs next move as bullish signals emerge. Cardano Defends Crucial Support, Is a Rally Incoming? ADA has dropped 7% over the past week, mirroring the broader crypto […]
Cardano (ADA) is experiencing a strong rally, riding the bullish wave alongside the broader crypto market. A key catalyst behind this surge is the recent statement from Federal Reserve Chairman Jerome Powell, who announced a significant reduction in Quantitative Tightening (QT) and hinted at a gradual return to Quantitative Easing (QE) levels. This dovish stance […]
Cardano is yet to venture into the $0.8 price level this year, despite most cryptocurrencies breaking past old price levels. Although the blockchain has seen some exciting developments, the price action has been a little bit behind when compared to its peers. However, Cardano continues to give investors a glimmer of hope, as activity keeps soaring to new highs. On-chain data shows that the active addresses on the Cardano network are spiking, with the monthly active count reaching its highest in the past year. Monthly Cardano Active Addresses Hit One-Year High Cardanos active address count just hit a one-year high, signaling major network adoption and hinting at big things to come. According to data from Danogo, the active addresses in the past 30 days reached 596,915 on March 11, its highest since May 2023. Related Reading: Ethereum Is Not Done: Crypto Analyst Sets New $5,000 Target Interestingly, this number almost doubles the 279,000 active addresses recorded in September 2023, the lowest monthly active addresses in the past year. Active addresses are one of the few metrics to look at when measuring the adoption rate of cryptocurrencies. Notably, various metrics have shown a surge in activity on the Cardano network and its ability to process a high number of transactions. A further look at the chart data presented by Danogo shows that the monthly active addresses reversed to start a spike at the end of February after going on a free fall in January. Data from Cardano Blockchain Insights tells a similar tale of increased activity, with the active daily addresses steadying above 50,000 since February 29. Active addresses in the past 24 hours were 66,970. A similar activity metric from IntoTheBlock shows increased activity from Cardano whales. Its large transaction metric, which measures transactions greater than $100,000, puts the number of whale transactions at 6,810 in the past 24 hours and $73.86 billion in the past seven days. For comparison, Ethereum’s large transactions stand at $63.17 billion in the same time frame. The supply in the top 1% has also shown a strong accumulation from whales, spiking by around 60 million ADA on March 10. ADA To Reclaim $1? Interestingly, ADA has more than tripled from a $0.24 price in the monthly active addresses low in September. At the time of writing, ADA is trading at $0.79, up by 42% in the past 30 days. Related Reading: Dogecoin Influencer Sounds Critical Warning Alarm For Scams Targeting The Community ADA has been rejected at $0.8 twice this month already, but it is now on its way to retesting the price level again. If the bulls can push ADA above $0.8, this could give the cryptocurrency free rein to reach $1 for the first time since April 2022. Overall, the overall crypto market continues to retain a bullish sentiment, which could push ADA above $1 this month. ADA price at $0.78 | Source: ADAUSDT on Tradingview.com Featured image from Binance Academy, chart from Tradingview.com
Cardano (ADA) has notably trailed behind that of its contemporaries in the ongoing crypto bull run. While Bitcoin has surged to record new all-time highs, alongside a suite of other altcoins, ADA remains approximately 77% beneath its peak historical value. However, emerging technical patterns and market dynamics suggest that this trend could be poised for a reversal, with ADA potentially gearing up to narrow the gap. Cardano Bull Flag Formation: An In-Depth Look Central to this analysis is the bull flag pattern in the ADA/USD weekly chart. The bull flag pattern observed here is composed of two primary elements: the flagpole and the flag. The flagpole is a significant vertical ascent in price, representing a rapid increase in buying pressure. For ADA, this pole formed from mid-October till mid-December and reflects an approximate 185% surge. The flag, following the pole, is a period of consolidation with a downward slope, resembling a flag on a pole. For ADA, the pole developed from mid-December to early February. A subsequent breakout above the flag can often lead to a price rally proportionate to the initial pole’s height. Related Reading: Cardano (ADA) Price Alert: Analyst Predicts 60% Rally In Next 7 Days The Cardano price already broke out and surpassed the crucial resistance at $0.685. If ADA further follows this technical playbook, the rally is far from over. The projected target would be an 185% increase from the consolidation zones breakout point, placing the price close to the Fibonacci 0.382 retracement level, which is around $1.35. Remarkably, the Cardano price must first overcome the 0.236 Fibonacci retracement level at $0.92, an area where greater selling pressure and possibly a shorter consolidation can be expected. Golden Cross And More Bullish Arguments The chart also teases the formation of a golden cross, a bullish signal where a shorter-term moving average (the 50-week EMA) crosses above a longer-term average (the 200-week EMA). Such crossovers can often signal a shift in momentum from bearish to bullish over the long term, and their significance is heightened on a weekly chart, which filters out short-term market noise. Traders often view this crossover as confirmation of a trend reversal, with the potential to catalyze sustained buying activity. For ADA, this could be the final confirmation of a strong bull move. Related Reading: Cardano Price About To Explode: Crypto Pundit Reveals Next Target Beyond that, the weekly chart for ADA presents a broader narrative. The Relative Strength Index (RSI) sits just above the overbought threshold at 74, which indicates strong buying momentum with more room to the upside. The volume, though lower than during the peak periods of 2021, is consistent, suggesting a stable interest in ADA trading without the panic sell-offs seen during sharp declines. Moreover, a series of Exponential Moving Averages (20-week, 50-week, 100-week, and 200-week) provide further context as ADA is trading above all of them. Notably, the 200-week EMA has recently acted as a very strong support for the price, indicative of long-term bullish sentiment. The 50-week EMA is trending upward, which could solidify support levels in the intermediate term. The 100-week and 200-week EMAs are further below the current price, potentially serving as long-term support levels in case of a price retracement. In addition, the Fibonacci retracement levels drawn from the all-time high to the low of the ADA bear market provide long-term price targets. Following the bull flag conclusion, the 0.5 level at $1.697, marking the halfway point of the previous swing high to low, could serve as a next target for the bulls. Thereafter, the 0.618 Fib at $2.04, the 0.786 Fib at $2.54 and finally the all-time high at $3.17 would be subsequent price targets. In conclusion, while the bull flag and the impending golden cross are the stars of the show, other factors such as moving averages, RSI, and Fibonacci levels add depth to the bullish narrative for the Cardano price. Featured image from Shutterstock, chart from TradingView.com
Dan Gambardello, the founder of Crypto Capital Venture, has provided a bullish analysis of the current price action of Cardano (ADA). The crypto analyst also dispelled the notion that ADA wont perform well in this bull cycle, noting that the crypto token is where it is meant to be before it takes off. Where Cardano Is Headed Gambardello mentioned in a video posted on his X (formerly Twitter) platform that CardanoADA could rise to $1.15 and as high as $1.50 in its next move to the upside. He made this statement while highlighting a reversal zone on the weekly chart, which was critical the last time ADA made a breakout. Related Reading: Crypto Whales Bet Big On LINK Is Chainlink The Next Bitcoin? The crypto analyst claimed that the token is again at the lower end of this reversal zone, which happened before ADA broke out the last time. Meanwhile, looking at the order book, he revealed that there is historically a lot of interest and market participants at the $1.20 price level. As such, it is another area that could act as a magnet for ADA at the upper end of the reversal zone. The crypto analyst also tried to allay the fears of those worried about ADAs current price action. He stated that the token lagging while Bitcoin is hitting new all-time highs (ATHs) is historically normal and suggested that a move was imminent for ADA based on data from past cycles. Gambardello further asserted that things are on pace, so there is no need to be worried. An Explanation For ADAs Current Price Action Gambardello also elaborated on why ADA has yet to experience any parabolic move. He alluded to the 2021 bull run when Bitcoin kept hitting new highs between December 2020 and January 2021, while Cardano lept lagging during this same period and didnt make any move until later in January 2021. Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode He added that ADA was 80% from its ATH back then before it made its move and even kept declining while Bitcoin was on a surge. However, that changed all of a sudden as ADA went crazy to the upside. The crypto analyst went on to reaffirm his belief that ADA does lag, but when it finally moves, it really moves very strongly. Gambardello had previously predicted that ADA could rise to as high as $11 in this bull cycle. Back then, he noted that the crypto token now has more robust fundamentals compared to the last bull run. At the time of writing, ADA is trading at around $0.73, down in the last 24 hours, according to data from CoinMarketCap. ADA price at $0.739 | Source: ADAUSD on Tradingview.com Featured image from Swyftx Learn, chart from Tradingview.com
Cardano (ADA) is currently riding on the back of a 14% gain in the past seven days, allowing the cryptocurrency to break past the $0.70 price level for the first time since May 2022. According to crypto exchange Changelly, Cardano is poised to continue on this price growth and break over $1, $10, and $100 in the coming years and decades. Changelly Predicts Exponential Cardano Price Growth Cardano is one of the biggest cryptocurrencies by market cap with a cap of over $23.5 billion. Although ADA has since retraced some of its gains earlier in the week and is now trading below $0.77, it ended February with a 35% gain amidst a wider inflow of money into the crypto market. Current fundamentals have prompted experts to forecast a continued price surge in March. Related Reading: Crypto Expert Reveals Why Bitcoin Can Rise To $400,000 According to Changelly’s prediction, ADA will continue on this price growth to make a steadfast breakout above $0.70 and end the month at a maximum of $0.751. Notably, analysts at the exchange also looked at future price points for ADA, predicting very bullish prices. In its prediction, the exchange noted ADA would break over $10 in 2030. With the cryptocurrency now trading at $0.66, this would mean a 1,400% growth from the current price level. Looking further into the future, Changelly expects this price growth to continue into the next decade, allowing ADA to eventually break over $165 by 2040 and end the year around $600. How Feasible Is This Bullish Prediction? Cardano has had its fair share of ups and downs in the past few years. Recently, the blockchain network saw a 90% jump in the creation of new wallet addresses, indicating increased network activity and interest in the network. However, the blockchain has also been subjected to negative remarks, with multiple reports hinting that Cardano’s network activity has been nothing but fabrications. Particularly, a recent report termed ADA as a dead coin. Related Reading: Bitwise CEO Says Bitcoin At $250,000 Is Closer Than You Think Despite this, some holders and experts remain optimistic. For ADA to cross over $10 and $100 per coin, mainstream adoption needs to happen. As the crypto industry, which is spearheaded by Bitcoin, becomes more mainstream, Cardano is poised to benefit from greater adoption. While $165 per ADA sounds overly optimistic now, if Cardano can achieve its ambitious goals, gain mainstream interest and adoption, and attract institutional investment from traditional investors, that price target may not be so unrealistic after all. At the same time, this isn’t impossible, as ADA has delivered over 3,000% profit for its holders in the past. ADA price at $0.68 | Source: ADAUSD on Tradingview.com Featured image from Blockchain News, chart from Tradingview.com
A low Cardano price could also be a good buying opportunity. Can Cardano price reach $1 before Bitcoin Halving?
How many ADA do you need to buy to become a millionaire, Let's do the math and understand how many Cardano tokens you will need to buy.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
