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Cardano

ADAUSD
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0.160

+0.002+1.27%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+1.27%

5 Days

-5.88%

1 Month

+5.96%

6 Months

-40.74%

Year to Date

-51.37%

1 Year

-82.30%

Key Data Points

Opening Price

0.158

Previous Closing Price

0.158
Price Range of the Day
0.1580.161
52-Week Price Range
0.1230.951

Recent

Analysis

Top Altcoins Price Forecast: XRP loses $1, ADA in a freefall while SOL remains capped

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are facing intense downside pressure, resulting in either a steady decline or a bearish capped tone.

FxstreetTue, Aug 18

Cardano Price Forecast: Whale selling, weak momentum put ADA at risk

Cardano (ADA) nears key support zone, trading at $0.177 on Monday after correcting over 10% the previous week. The price decline is supported by whale wallet offloading ADA tokens.

FxstreetMon, Aug 17

Top Altcoins Price Forecast: XRP holds at make-or-break level, ADA and SOL risk 50-day EMA breakout

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are facing downside pressure, holding at crucial support levels. The technical outlook for XRP, ADA, and SOL indicates a mild bearish bias as downside pressure mounts.

FxstreetThu, Aug 13

Top Altcoins Price Forecast: Ripple hits 20-month low as Cardano and Solana lack momentum

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are maintaining a bearish tone as the broader market remains risk-averse.

FxstreetTue, Aug 11

Cardano Price Forecast: Bulls eye a second leg higher as whales buy

Cardano (ADA) trades above $0.196 at the start of the week on Monday after posting double-digit gains over the past two weeks. ADA’s bullish price action is supported by steady whale accumulation.

FxstreetMon, Aug 10

Crypto Overview: US Senate delays Clarity Act vote – Cardano and LayerZero sustain gains

Bitcoin (BTC) price holds steady above $64,000 on Friday, with the 50-day Exponential Moving Average (EMA) at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday.

FxstreetFri, Aug 7

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(6)
Neutral(3)
Buy(2)
Indicators
Sell(0)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.005
Neutral
RSI(14)
44.466
Neutral
STOCH(KDJ)(9,3,3)
11.763
Oversold
ATR(14)
0.007
Low Volatility
CCI(14)
-85.193
Neutral
Williams %R
90.244
Oversold
TRIX(12,20)
0.179
Buy
StochRSI(14)
55.326
Buy
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
0.160
Sell
MA10
0.165
Sell
MA20
0.171
Sell
MA50
0.160
Sell
MA100
0.176
Sell
MA200
0.218
Sell

More Details of Cardano

Cardano is a public blockchain platform that is open-source and decentralized. It uses a proof-of-stake consensus mechanism to facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. The project was launched in 2017 and was led by Ethereum co-founder Charles Hoskinson. One of the key features of Cardano is its use of a proof-of-stake consensus mechanism called Ouroboros, which is more energy-efficient compared to the proof-of-work system used by Bitcoin. Cardano's modular design and layered architecture also allow for gretaer flexibility and scalability compared to other blockchain platforms. The development of Cardano is guided by a research-driven approach, with the platform's design and features being informed by peer-reviewed academic papers. This focus on academic rigor sets Cardano apart from many other blockchain projects that have been developed more rapidly without the same level of scientific scrutiny. In addition to its technical innovations, Cardano also has a strong focus on real-world use cases and problem-solving. The platform aims to provide solutions for issues such as financial inclusion, identity management, and supply chain tracking, among others. This focus on practical applications sets Cardano apart from some cryptocurrencies that are primarily speculative in nature. The native cryptocurrency of the Cardano network is called ADA, which can be used for transactions, staking, and paying network fees. Cardano also has a strong emphasis on the education and training of its developer community, with the goal of building a sustainable and decentralized ecosystem around the platform.

How Is the Cardano Network Secured?

Cardano is a proof-of-stake blockchain platform. This means the network is secured through a process called staking, where ADA holders can participate in validating transactions and earning rewards, rather than energy-intensive proof-of-work mining used by networks like Bitcoin.

Who are the founders of Cardano?

Cardano was founded by Charles Hoskinson, one of the co-founders of the Ethereum network. Hoskinson currently serves as the CEO of IOHK, the company responsible for building Cardano's blockchain technology.

What is the total supply of ADA Coin?

The total supply of ADA is 37,089,410,846 ADA, with a max supply of 45,000,000,000 ADA. The circulating supply is 35,907,768,606 ADA.

Cardano

0.160
+0.002+1.27%
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