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news-imageDecember 24, 2024

Cardano's 18.53M ADA Unlock Sparks Fear, Price Crash Ahead?

ADA, the native token of the Cardano blockchain, appears to be struggling amid ongoing market uncertainty. Adding to the concerns, a recent update regarding Cardano's token unlock has sparked fear among traders and investors about a potential price dip.
Publisher: CoinPedia
Sentiment: Negative
ADA

More News Articles

Negative
cover-imageThe Daily Hodl
December 25, 2024

Here's a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn't bring back quantitative easing (QE), then ADA could continue to slip.

Negative
cover-imageBeInCrypto
December 24, 2024

ADA Price Drops 18% In a Week But Cardano Remains in the Top 10 Ranking

Cardano (ADA) price continues to show volatility, maintaining its position among the top 10 largest cryptocurrencies by market cap despite being down over 18% in the last seven days. The recent downtrend has been marked by bearish technical indicators, including a death cross on its EMA lines and a weak position on the Ichimoku Cloud.

Negative
cover-imageThe Currency Analytics
December 24, 2024

Cardano ADA at Crucial $0.88 Support Level

Cardano (ADA) is currently navigating through turbulent market waters, testing the crucial $0.88 support level amid a landscape of mixed market signals. As of now, ADA is trading at $0.8811, marking a 1.12% decline in the last 24 hours.

Neutral
cover-imageBitcoinist
December 24, 2024

Cardano Leader Charles Hoskinson Pushes Crypto Unity With Democratic Senators

A key figure in the cryptocurrency sector is out on a mission to push for a bipartisan crypto policy that would redefine the regulations governing digital assets. Cardano founder Charles Hoskinson will talk with Senator John Fetterman and other Democratic senators to lobby the crafting and establishment of policies that match the circumstances surrounding cryptocurrencies.

Positive
cover-imageThe Currency Analytics
December 24, 2024

Hoskinson Highlights Cardano's Similarities with Bitcoin and XRP

Charles Hoskinson, the founder of Cardano, drew comparisons between his blockchain project and two of the most prominent names in the cryptocurrency space: Bitcoin and XRP. Despite their differences, Hoskinson believes that there are key similarities that link the three Layer 1 blockchain networks, particularly when it comes to their potential for long-term success.

Positive
cover-imageCoinPedia
December 23, 2024

Cardano (ADA) Price Could Soar 30%, But There's a Catch

ADA, the native token of the Cardano blockchain, is poised to break its silence after remaining in a downtrend for the past three weeks. The potential reasons behind this bullish outlook include the current market sentiment and the positive price action that ADA has displayed in recent days.

Negative
cover-imageUToday
December 23, 2024

4.3 Billion ADA Sell Wall on Cardano's Path to $1: Details

According to on-chain data, Cardano (ADA) is facing a significant challenge on its path to reclaiming the $1 mark, with a sell wall in its path. This sell wall, representing a substantial cluster of 4.3 billion ADA, could act as a key barrier for the cryptocurrency's price recovery past $1.

Positive
cover-imageCrypto Economy
December 23, 2024

Cardano (ADA) Reflects 2020 Bull Cycle Patterns, Analyst Suggests

TL;DR Cardano (ADA) has recently experienced a significant correction, mirroring patterns observed during its 2020 bull cycle, with analysts optimistic about its future trajectory. Prominent analysts predict that ADA could surge to $6, reflecting a potential 560% increase from its current valuation, with key technical indicators showing bullish signals.

Neutral
cover-imageCryptoPotato
December 23, 2024

Cardano Price Analysis: New ADA Rally to $1 Soon?

Cardano encountered significant selling pressure following a notable rejection at the $1.3 resistance region, resulting in a sharp decline. However, the price has now reached a critical support level, suggesting the potential for a bullish consolidation phase in the mid-term.

Positive
cover-imageCryptoGlobe
December 22, 2024

Charles Hoskinson Reflects on Cardano's Journey and Future

On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardano's governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year.

Negative
cover-imageCoinPedia
December 22, 2024

Cardano (ADA) Could Fall 15%, Here's Why

Today, December 22, 2024, the overall cryptocurrency market is struggling, while Cardano (ADA) is poised for a notable price decline after forming a bearish price action pattern. Amid this mild bearish market sentiment, traders and investors appear hesitant to participate in the altcoin, according to the on-chain analytics firm Coinglass.

Positive
cover-imageThe Currency Analytics
December 21, 2024

Rising ADA Outflows of $164 Million Point to Possible Price Rebound

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, has been making headlines despite a recent decline in its price. Although the altcoin has experienced a significant drop of more than 30% in the past 48 hours, rising interest from long-term holders and increased participation from traders suggest that a price rebound may be on the horizon.

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