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😲 Cardano (ADA) has lost over 34% of its value in a sharp decline, erasing critical support levels and resembling a "falling knife" more than a healthy market correction. Popular market analyst Peter Brandt has identified a head-and-shoulders pattern forming on ADA's price chart, with the neckline breached at $0.90, suggesting a potential 47% further drop

😲 Cardano drops to $0.90, reflecting an 18.19% decline over the past week. Increased selling activity observed, pushing prices to multi-week lows. Analysts point to macroeconomic challenges and investor caution as contributing factors. Cardano’s market performance this past week has been characterized by sustained downward momentum, with the cryptocurrency dropping to $0.90—a decline of 18.19%. This

😲 According to CoinGlass, over $1.2 billion worth of crypto has been liquidated in the past 24 hours, with long positions accounting for the majority ($1.07 billion). Major altcoins like XRP, Dogecoin (DOGE), and Cardano (ADA) have recorded double-digit losses, with XRP plunging by 10%, DOGE by 19.4%, and ADA by 15.7%. The crypto market turned

😲 Cardano price tumbled below $1 on Thursday as traders reacted to the US Fed hinting at fewer rate cuts in 2025 Large transaction volumes have declined by $13 billion between December 2 and December 18, signaling disinterest among whale investors Technical indicators highlight further downside risks ahead for ADA if the $0.9500 support fails Cardano,

😲 Solana's Strong Performance: Solana has been making significant strides as a high-performance smart contract platform. Despite a recent dip, its potential for growth remains strong, with analysts predicting a possible rise to the $256 to $290 range. Cardano's Steady Climb: Cardano continues to attract attention with its focus on research and secure development. Although it has experienced

😲 Charles Hoskinson wants the Cardano Foundation to relocate to a location that allows community-driven board elections, criticizing the current Swiss model for excluding community input and limiting transparency. Hoskinson proposed moving the Foundation to jurisdictions like Abu Dhabi or Wyoming, which have legal structures that can facilitate a governance mechanism with community participation, enhancing trust

😲 Cardano dropped 5.97%, closing at $1.02, as sellers dominated the market throughout the session. Support around $1.00 remains crucial, with resistance seen near $1.10 amid weak buying momentum. Trading activity signals uncertainty as ADA struggles to maintain upward momentum. Cardano (ADA) experienced a 5.97% decline in its price, closing at $1.02 on December 19, 2024.

😲 Cardano (ADA) and Avalanche (AVAX) prices continue to trade down, correcting more than 7% and 8% respectively this week Technical indicators like the Relative Strength Index (RSI) and long-to-short ratios suggest bearish sentiment and potential for further decline in ADA and AVAX prices If the correction continues, ADA could extend its decline by 25% to

😲 Cardano's price has been following Bitcoin's movement but is yet to create a new record high, facing resistance at the $1.2 level in the USDT pair. In the BTC pair, Cardano is forming a head and shoulders pattern above the significant 1,000 SAT level, and a breakdown below this support could lead to a drop

😲 Cardano ($ADA) is a leading proof-of-stake blockchain, celebrated for its peer-reviewed research and evidence-driven development. Cardano had a big week, with several developments and partnerships announced, potentially setting the stage for a year-end rally. The post discusses the recent developments and partnerships for Cardano, including the launch of the Lagon CBDC platform, the partnership with

😲 Cardano (ADA) reached a high of $1.1945 before retracing to $1.0826, marking a 9.37% decline. Price surged nearly 350% from October lows, signaling strong bullish momentum and renewed investor interest. Key resistance lies near $1.20, with $0.80 as a critical support level for short-term stability. Cardano’s weekly chart reveals a dramatic recovery following a prolonged

😲 Cardano (ADA) price soared by almost 15% daily, reaching $1.17 with a market cap surpassing $40 billion. Three bullish factors suggest a further rally: Net Network Growth, Concentration (whale and investor activity), and Large Transactions on the network increased. 73% of ADA investors are currently in profit, a significant recovery from August when the majority

😲 Cardano (ADA) rebounded 14% after experiencing a steep correction earlier in the week. Analysts predict ADA could reach $2 by February 2025 and potentially $4 in August 2025 before ending the year around $2.49. The crypto market rally, fueled by Bitcoin surpassing $101,000, has benefited Cardano and other cryptocurrencies like XRP and TRX. In the

😲 The cryptocurrency market's valuation held firm at $3.37 trillion on Tuesday, halting a $13 billion outflow over the previous 24 hours. Microsoft shareholders voted against a proposal to allocate a portion of the company's reserves to Bitcoin during the annual meeting on December 10. Amid market volatility, Cardano (ADA), Ripple (XRP), and Binance Coin (BNB)

😲 Cardano (ADA) price is down 9% over the last 24 hours due to an attempted fraud that reduced network user interaction. The Cardano Foundation's X account was hacked on December 8, promoting a fraudulent ADA-related token and posting false claims about an SEC lawsuit against ADA. ADA faces strong resistance around the $1.05 price range,

😲 Cardano faced a price drop of over 5% in the last 24 hours, signaling a potential market correction. Trading volume decreased slightly, indicating traders might be reassessing positions after the recent rally in November. Key levels for traders are resistance near $1.20 and support at $1.10, defining the current range. Cardano's price has pulled back

😲 ADA is down to $1.2 amid the market-wide retracement. Cardano whales have accumulated over 100 million ADA in the past 24 hours, potentially driving the price higher. Analysts predict ADA's next target to be $1.5, representing a 25% surge from current levels. The cryptocurrency market has been in a state of flux, with various tokens

😲 Ripple (XRP) is predicted to reach $2.25 by December 20, 2024, and end the month at around $1.72. Cardano (ADA) is forecasted to hit $1.23 by December 20, 2024, and surge to $1.36 by the end of December 2024. The appointment of Paul Atkins as the new SEC chair is considered bullish for XRP and