ADA | Crypto Profit Bot

Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern

May 15, 2022

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Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a range defined by two converging trendlines. Its sideways move coincides with a drop in trading volumes, underscoring the possibility […]

400 new projects and 100K new wallets in a month on Cardano

April 20, 2022

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Activity on the Cardano (ADA) blockchain is starting to heat up, with 400 new projects in the works, along with 100,000 new wallets being created over the past month. According to an April 19 Twitter post from Cardano creators Input Output (IOHK), there are nearly 900 projects in development on the network. The figure has […]

67% of Cardano holders underwater and most bought less than 1 year ago

April 8, 2022

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ADA prices are sliding back towards a dollar, putting more holders in the red as gains are eroded. 735 Total views 5 Total shares As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset. Cardano’s ADA […]

Cardano’s ADA price eyes 30% rally with a potential ‘triple bottom’ setup

December 14, 2021

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Cardano (ADA) may rally by nearly 30% in the coming days as it forms a classic bullish reversal pattern. Sharp ADA rebound underway Dubbed “triple bottom,” the pattern typically occurs at the end of a downtrend and consists of three consecutive lows printed roughly atop the same level. This means triple bottoms indicate sellers’ inability […]

Traders say ATOM could eventually do an AVAX-like surge to $100

December 4, 2021

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Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the structure appears as the asset trends lower while bouncing between two downward sloping trendlines. However, it eventually breaks out of the range, in the direction of its […]

Solana secondary NFT sales reach half a billion dollars in three months

November 3, 2021

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CryptoSlam ranks Solana as the fourth-best NFT blockchain behind Ethereum, Ronin and Wax in terms of 24-hour sales volume. 7449 Total views 42 Total shares Secondary sales volume for Solana-based nonfungible tokens (NFT) has reached almost $500 million since the start of August. According to data from CryptoSlam, secondary sales of Solana NFTs have generated […]

200 smart contracts launch on Cardano … but there’s a catch

September 17, 2021

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A raft of smart contracts are listed on Cardano’s explorer, but they are in a timelock and cannot be used yet. 6441 Total views 19 Total shares More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on September 13 — but there’s a catch. As of now, […]

Cardano launches smart contracts after successful hard fork

September 13, 2021

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On Aug. 12, Cardano tweeted that the upgrade had been completed successfully at epoch 290, facilitating the creation and execution of smart contracts on the public blockchain for the first time. Despite celebrating the milestone, Cardano notes that it is still “early days for the project,” asserting that now is when “the mission truly begins” […]

Bull flag breakout pushes Avalanche toward $80 as AVAX price hits another record high

September 12, 2021

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Avalanche (AVAX) looks poised to hit $80 as per a classic technical pattern after hitting a new high of over $65 on Sept. 12. Dubbed as “Bull Flag,” the structure emerges as a brief sideways/downward trend following a strong price move higher. As a result, Bull Flags tend to look like downward sloping channels, represented […]

ADA price hits $3 for the first time as Cardano, Ethereum lead crypto ‘super bull cycle’

September 2, 2021

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There’s a firm sense of “altseason” across crypto markets Thursday, with one analyst calling the next phase of a “super bull cycle.” 6596 Total views 72 Total shares Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins […]

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Category: ADA