Logo
Cardano Ecosystem

CMNnews

12/16/2021

·

901 views


Cardano Price Prediction: The Danao community remains unfazed by the discovery of an exploit for universal dApps

Cardano price prediction to consolidate between 1.32- 1.33$ range ADA line of control lies below 1.27$ zone, looking bearish for many investors This is pretty exciting news that ERC20 Converter Tool has been released on Cardano Testnet In a...

Cardano Price Prediction: The Danao community remains unfazed by the discovery of an exploit for universal dApps
  • Cardano price prediction to consolidate between 1.32- 1.33$ range
  • ADA line of control lies below 1.27$ zone, looking bearish for many investors
  • This is pretty exciting news that ERC20 Converter Tool has been released on Cardano Testnet

In a recent public service announcement, Jonathan Fischoff, co-founder of Canonical, a company that specializes in Plutus smart contracts, detailed an exploit that affects all Cardano dApps.Fischoff’s findings have no impact on the Cardano community despite their potential implications.

Also Read: Metaverse presents a massive opportunity for the crypto ecosystem as a whole, says Bank of America

Let’s dip dive into the technical analysis of ADA

Technical Analysis of ADA: Neutral sentiment in 4hour ADA/USDT Binance pair (a platform using Tradingview.com)

According to Oscillators

ADA has a neutral sentiment when examined in a 4hour chart [Pair ADA/USDT Binance] and moving average gives an indicator about sell.

Technical Analysis: Cardano Price Forecast using 4EMAs (10,20,50,200) and RSI (Relative Strength Index)

Resistance and Support Levels for Day Trading ADA USDT [ADA Price Forecast]

Calculation For Trading:

Resistance Level (R3): 1.35

Resistance Level (R2): 1.33

Resistance Level (R1): 1.32

Support Level (S1): 1.27

Support Level (S2): 1.26

Support Level (S3): 1.24

Cardano (ADA/USD) Price Prediction: FAQ

What will be the lowest price of Cardano (ADA) in future?Upto $7.01 USD
What will be the highest price of Cardano (ADA) in future?Upto $8.66 USD
Will Cardano (ADA) price increase in future?Yes, Cardano (ADA) price will increase according to our predicted data in future.
Investment in Cardano (ADA) is profitable or loss-making?Yes, Cardano (ADA) is profitable investment based on our forecasting.
Whether the price of Cardano (ADA) will be downward in future?No, Cardano (ADA) price will not be downward based on our estimated prediction.
In 1 year from now what will 1 Cardano be worth?The price of 1 Cardano (ADA) can roughly be upto $3.44 USD in 1 years time a 2X nearly from the current Cardano price.
Where do I buy Cardano?There are many places to buy and exchange Cardano we list them all here.
What will the Cardano Price be tomorrow?Our algorithm predicts that the Cardano Price can be upto $1.63 USD by tomorrow.
What will be the price of Cardano (ADA) after 1 year?Upto $3.44 USD
What will be the price of Cardano (ADA) after 2 years?Upto $3.13 USD
What will be the price of Cardano (ADA) after 3 years?Upto $3.88 USD
What will be the price of Cardano (ADA) after 4 years?Upto $4.48 USD
What will be the price of Cardano (ADA) after 5 years?Upto $5.86 USD
What will be the price of Cardano (ADA) after 6 years?Upto $6.79 USD
What will be the price of Cardano (ADA) after 7 years?Upto $7.4 USD

Cardano was launched in 2017, following Bitcoin and Ethereum, which were first- and second-generation blockchains, respectively. Cardano competes directly with Ethereum, saying that its decentralized application platform is more secure than Ethereum.

Currently, Cardano’s (ADA) price is $ 1.29 with a market capitalization of $ 43,184,311,646.

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on CMNnews

ORIGINAL SOURCE

https://www.cmnnews.live/cardano-price-p...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from CMNnews

See more
Brian Armstrong Of Coinbase Said That The FIT21 Vote Was Memorable. - CMN | Latest Cryptocurrency News Today | Live Crypto Price
CMNnews
Brian Armstrong Of Coinbase Said That The FIT21 Vote Was Memorable. - CMN | Latest Cryptocurrency News Today | Live Crypto Price

05/24/2024

·

490 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)