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Cardano

ADAUSD
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0.206

0.0000.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

0.00%

5 Days

+13.19%

1 Month

+10.75%

6 Months

-17.60%

Year to Date

-37.39%

1 Year

-75.74%

Key Data Points

Opening Price

0.206

Previous Closing Price

0.206
Price Range of the Day
0.2010.208
52-Week Price Range
0.1230.940

Recent

Analysis

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains.

FxstreetTue, Sep 8

Cardano Price Forecast: Strengthening momentum points to cautious upside extension

Cardano (ADA) trades around $0.222 on Monday after rallying over 15% last week. Mixed derivatives data and mildly bullish on-chain metrics point to cautious market sentiment. Meanwhile, strengthening momentum indicators suggest ADA could see further gains if the recovery continues.

FxstreetMon, Sep 7

Cardano Price Forecast: Extends gains as whale accumulation and derivatives positioning fuel bullish bias

Cardano (ADA) extends its gains, trading above $0.224 on Friday, after retesting and finding support around a key support zone earlier this week.

FxstreetFri, Sep 4

Top Altcoins Price Prediction: Ripple, Cardano, Solana – Bulls defend key support levels

Ripple (XRP), Cardano (ADA), and Solana (SOL) show mild gains on Thursday, holding at crucial support levels amid easing bullish momentum. The technical outlook for XRP, ADA, and SOL indicates downside risk as the US-Iran war weighs on the broader crypto market.

FxstreetThu, Sep 3

Top Altcoins Price Forecast: Ripple, Cardano, and Dogecoin show weakness – Crucial EMAs in focus

Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE) remain weak after double-digit losses last week, testing their crucial Exponential Moving Averages (EMAs) for immediate support. The technical outlook warns of further weakness in the prices of XRP, ADA, and DOGE as bullish momentum eases.

FxstreetTue, Sep 1

Cardano Price Forecast: Bearish metrics threaten deeper ADA slide

Cardano (ADA) remains under pressure, trading near key support around $0.191 on Monday following a loss of over 15% last week. Bearish derivatives metrics, weakening momentum indicators and dampening risk appetite amid fresh tensions in the Middle East cap ADA and risk a deeper correction ahead.

FxstreetMon, Aug 31

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
Buy
Sell(1)
Neutral(3)
Buy(8)
Indicators
Sell(0)
Neutral(3)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Buy
RSI(14)
60.772
Neutral
STOCH(KDJ)(9,3,3)
74.740
Neutral
ATR(14)
0.012
High Vlolatility
CCI(14)
72.197
Neutral
Williams %R
26.190
Buy
TRIX(12,20)
0.552
Buy
StochRSI(14)
100.000
Overbought
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
0.206
Buy
MA10
0.198
Buy
MA20
0.198
Buy
MA50
0.178
Buy
MA100
0.167
Buy
MA200
0.210
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

0.206
0.0000.00%
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