tradingkey.logo
tradingkey.logo
Search

Cardano

ADAUSD
Add to Watchlist

0.179

-0.003-1.65%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-1.65%

5 Days

-8.21%

1 Month

+13.29%

6 Months

-33.46%

Year to Date

-45.59%

1 Year

-77.17%

Key Data Points

Opening Price

0.181

Previous Closing Price

0.182
Price Range of the Day
0.1770.184
52-Week Price Range
0.1230.940

Recent

Analysis

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

Cardano Price Forecast: Whale accumulation fails to dispel uncertain ADA outlook

Cardano (ADA) edges below $0.220 at the time of writing on Friday after losing over 7% so far this week. Despite the recent weakness, on-chain data shows that some whale wallets are using the pullback to accumulate ADA tokens.

FxstreetFri, Aug 28

Cardano Price Forecast: ADA risks steeper decline amid easing retail demand

Cardano (ADA) is trading in the red on Thursday, with roughly 10% losses so far this week, suggesting capitulation after last week’s 30% rally. Waning retail demand in ADA futures amid declining Open Interest and funding rates suggests capitulation speculation.

FxstreetThu, Aug 27

Top Altcoins Price Prediction: Ripple reclaims $1.50, Cardano eyes 200-day EMA, Solana tops $100

Ripple (XRP), Cardano (ADA) and Solana (SOL) are trading in the green on Tuesday, sustaining their double-digit gains from last week. The technical outlook for XRP, ADA, and SOL is bullish, with buying pressure mounting.

FxstreetTue, Aug 25

Cardano Price Forecast: ADA rally pauses as profit taking kicks in

Cardano (ADA) faces a mild pullback, trading below $0.220 on Monday after a skyrocketing 29% rally in the previous week. On-chain and derivatives data turn slightly bearish as traders appear to take profits following ADA’s massive gains.

FxstreetMon, Aug 24

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
Neutral
Sell(4)
Neutral(3)
Buy(3)
Indicators
Sell(0)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.005
Neutral
RSI(14)
47.799
Neutral
STOCH(KDJ)(9,3,3)
13.865
Oversold
ATR(14)
0.016
Low Volatility
CCI(14)
-93.692
Neutral
Williams %R
84.211
Oversold
TRIX(12,20)
0.503
Buy
StochRSI(14)
0.000
Oversold
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
0.183
Sell
MA10
0.189
Sell
MA20
0.184
Sell
MA50
0.171
Buy
MA100
0.168
Buy
MA200
0.212
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

0.179
-0.003-1.65%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.