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An analyst has explained how Cardano is retesting the support line of a technical analysis (TA) pattern, losing which could spell a bearish outcome for the coin. Cardano Is Currently Trading Inside A Descending Channel In a new post on X, analyst Ali Martinez has talked about a pattern forming in the 3-day price of Cardano.
Cardano (ADA) is up 10% over the past seven days, with its market cap reaching $23 billion and daily trading volume approaching $700 million. This surge in momentum has brought renewed attention to ADA, as key indicators begin to align in favor of a potential breakout.
Cardano founder Charles Hoskinson has unveiled ambitious plans for a new Cardano tool that he claims will rival Solana's transaction processing capabilities while maintaining full decentralization, addressing one of the most persistent criticisms of the Cardano network.
Cardano (ADA) has bounced strongly off a key support and has accumulated gains of 18.9% in the past 7 days as cryptocurrencies recovered after President Donald Trump temporarily paused the implementation of his aggressive tariffs.
XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates.
Cardano price seems to be turning the corner after plunging to the multi-week low of $0.50. It has rallied by almost 30% from its monthly low, raising optimism that the bullish trend will continue.
Most of the cryptocurrencies keep rising today, according to CoinStats.
Cardano founder Charles Hoskinson delivered a new message to the community on April 12, declaring that the Cardano ecosystem has reached full decentralization while hinting at a potential step back from active involvement.
Cardano price has gained more than 13% in the last week but is currently sending mixed signals. Can it sustain the uptrend?
Cryptocurrency prices wavered as the US dollar index crashed and fear and greed index remained in the fear zone of 25. Bitcoin was stuck below $84,000, while other tokens like EOS, Cosmos, Tezos, and Near Protocol plunged.
Cardano (ADA) is slowly but steadily catching the attention of market watchers as it begins to reclaim upward momentum. After a stretch of sideways movement and bearish pressure that left the altcoin range-bound, ADA is now displaying signs of revival.
Cardano Foundation CEO Frederik Gregaard took the main stage at Paris Blockchain Week on Thursday, covering everything from the original ideals behind Bitcoin to the rapid expansion of AI and the crucial role of decentralized infrastructure.
Quite a few factors could come into play in this battle.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
During the recent Paris Blockchain Week on April 9, Cardano founder Charles Hoskinson revealed plans for a significant airdrop associated with the Midnight sidechain project.
Cardano (ADA) has recorded a significant boost in price as it climbed from a daily low of $0.5885 to breach the $0.60 resistance in the earlier trading session. This development marks a crucial move for the coin, now eyeing the $1 level again.
The price of Cardano (ADA) fell to a low of $0.51 on April 7, but the bulls bought the dips.
Is ADA's recovery a true reversal, or a final exit liquidity trap before another leg down?
Cardano (ADA), the 10th largest cryptocurrency by market cap, surged over 12% in the past 24 hours, with trading volume hitting 2.19 billion ADAequivalent to $1.36 billionaccording to CoinMarketCap. ADA climbed to a session high of $0.645 after dropping to $0.537, marking a sharp rebound that formed a large green candlestick on the daily chart.
Hoskinson lists key reasons for Bitcoin to skyrocket above $250K as soon as global financial markets stabilize.
The Midnight airdrop has been in discussion for quite some time, and now Cardano founder Charles Hoskinson has brought updates on the subject. In a recent Paris Blockchain Week 2025, Hoskinson disclosed that the airdrop would be distributed among 37 million users across various blockchain networks.
The smart wallet is backed by an on-chain smart contract and a set of backend services. These components make it easier for developers to integrate Cardano into their applications.
Cardano's 18% price surge follows Trump's tariff pause as it rebounds from key support, with technical indicators suggesting potential for further gains towards $0.70.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned.
