Cardano (ADA), one of the top cryptocurrencies in the market, is facing a bearish near-term outlook according to an analyst behind the Austin Hilton YouTube channel. In a recent video update, the analyst outlined the potential for Cardano’s price to decline based on an Elliot Wave analysis. The market weakness seen in Bitcoin is believed
Cardano
The cryptocurrency market experienced a 3% decline in global market cap this week, resulting in a $50 billion loss in valuation. While the overall market trended downwards, three cryptocurrencies, namely XRP, Cardano (ADA), and Shiba Inu (SHIB), garnered attention with their mixed price actions. XRP, the native crypto token of the Ripple network, failed to
Cardano (ADA) has demonstrated impressive growth in its decentralized finance (DeFi) space, experiencing a significant increase in its total value locked (TVL). According to data from DeFiLlama, Cardano’s TVL has surged from $188.65 million on October 17 to $431.44 million on December 15, 2023. This remarkable increase reflects a growth rate of 180.636% within this
Cardano (ADA), despite the overall unfavorable market conditions, has showcased remarkable resilience, according to renowned crypto analyst LuckSide Crypto. In his recent YouTube video on December 12th, he presented an optimistic outlook for Cardano, referring to technical analysis indicators that suggest the cryptocurrency may be approaching its bottom and preparing for a breakout. LuckSide Crypto
The world of cryptocurrency is constantly evolving, and one digital asset that has been gaining considerable attention is Cardano (ADA). With its recent achievements and developments in decentralized finance (defi), Cardano has proven its potential by securing a spot in the top 10 platforms by total value locked (TVL) and reaching a peak of $343
Cardano’s ADA has experienced an impressive surge in recent months, with a growth of over 120% since October 20. As the coin continues to reach new all-time highs, Cardano’s DeFi ecosystem is also thriving. Notably, Cardano’s total value locked (TVL) has exceeded $370 million, representing a remarkable 520% increase since the start of the year.
In a recent YouTube video, a popular crypto analyst shared their perspective on the recent surge in Bitcoin’s price. The analyst acknowledged that Bitcoin has defied gravity with its upward movement over the past week, even breaking past the $38,500 mark. However, they emphasized the importance of caution and maintaining a balanced perspective. The analyst
The crypto analyst known as Crypto Capital Venture remains bullish on Bitcoin and the wider crypto market, but warns against getting overly excited during the latest price surge. Despite the optimism, the analyst advises viewers to exercise patience and discipline. This article will analyze the reasons behind the cautionary advice and highlight the importance of
In a recent video analysis, the LuckSide Crypto channel offered insights and reservations about the current state of the Cardano (ADA) cryptocurrency. While maintaining an overall bullish outlook, the analyst emphasized the need for caution in light of certain factors. The analyst noted that Cardano appears to be consolidating within a “very, very big bullish
The popular YouTube crypto analyst, LuckSide Crypto, has recently expressed optimism about Cardano (ADA) entering a new bullish era and anticipating significant gains in the coming years. According to the analyst, ADA’s price chart shows a breakthrough above a long-term bearish trendline that had persisted since August 2022. This development is seen as a positive
