Tag: ADA

Cardano Price Analysis for June 2nd – ADA Remains Optimistic

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing an uptrend. Technically, speaking, the price is testing the upper border of the ascending channel. …
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Cardano Price Analysis for January, 31th – ADA: All Good Regardless of Correction

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, the ADA cryptocurrency has slumped into a correction, which, after the robust and stable growth in January, looks logical. The cryptocurrency is generally trading around $0.0541. On D1, analyzing the long-term technical picture of the Cardano development, we can notice that the general trend looks like a quite wide narrowing channel. After a bounce off the lower border, a convergence on …
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Cardano, Bitcoin SV, and Bitcoin Cash Price Analysis – Crypto Market Is Struggling to Keep Up With the Bulls

After a sharp drop last month, the cryptocurrency market has been maintaining the sideways momentum surprisingly well. Let’s take a look at some cryptocurrencies and see if the charts have anything in store for us. Cardano Price Analysis (ADA/USD) ADA recently surpassed the $0.0394 resistance level after settling above the significant support level found near $0.0386. ADA/USD pair’s bullishness has thereby given an intraday increase of 2.27%. After shifting impressively …
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Ethereum vs EOS vs Cardano vs Rootstock – Smart Contract Platform Comparison and Review

Smart contract platforms allow developers to create fully decentralized dApps. Some of the more popular platforms are Ethereum, EOS, Cardano and Rootstock. In this article, we will go over these options and explain what’s unique about each one. Let’s get started! Ethereum   What Is Ethereum? Unlike Bitcoin, Ethereum is an ecosystem whose focus is to discover new use cases for blockchain technology. The Ethereum network is designed to allow …
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