CARDANOADA
ADA CARDANO- 1,2,3 Ready for THREE 💙🔷🧿Let's go ADA,
You always keep us waiting but then you deliver before we fall asleep (or when we almost fall asleep)
“ Is ADA likely to hit $3.00? The answer to that question likely is just if Bitcoin stays above the 20-week , it lies with that answer. If Bitcoin is able to stay above the 20-week for just… a day or two, definitely the next few weeks it seems very likely that ADA is going to blast through the $3.00 milestone. I ultimately do see ADA trending much higher than $3.00 this market cycle but we do have to take it one milestone at a time…
Remember, doesn’t even have to hang out at these levels for very long. As long as it just doesn’t go parabolic and as long as it doesn’t go back down below the 20-week moving average, there is a high probability that ADA will cross the $3 milestone relatively soon.”
The analyst says that despite ADA’s parabolic run in recent weeks, it doesn’t necessarily need a pullback before continuing to rally. According to Cowen, $3.00 and $4.00 are still possible in the coming days or weeks even if Bitcoin and the rest of the crypto markets remain stagnant. However, he concedes that for Cardano to run any further than his two price targets, Bitcoin would likely have to give ADA a boost by reaching new highs.
“Does it need to pull back now? Hell no, it doesn’t. $3.00, I think $3.00 is certainly possible as long as Bitcoin holds these levels. Even $4.00 is possible I think, as long as Bitcoin holds these levels. To go much further beyond that, I do believe that Bitcoin would need to probably put in all-time highs, but at this point, I think that a $3.00 ADA is possible, even a $4.00 ADA is possible at this rate, especially if our contention is that it can stay strong for the next two and half weeks.”
Benjamin tends to agree.
Let's go ADA
the FXPROFESSOR
🔷 ADA CARDANO - 3$ Still Far Nonmatter how Close!The 3$ mark has come close but has never been touched and the price seems to be consolidating below it (now at 2.85$)
The Alonso upgrade is incoming and given that things go well Cardano should be able to reach and exceed to 3$ but we ought to be carefull if the price drops below the support area at 2,75$. Hopefully a correction to 2,5$ or below will not be necessary.
Cardano remains one of the Top picks and we await to see if Bitcoin will help bring us to 3$ and above.
All this while both Ether and Cardano continue to dominate inflows to institutional crypto investment products, while demand for BTC weakens.
Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin (BTC).
One Love,
the FXPROFESSOR
ADA Buy a break setup.Cardano - Intraday - We look to Buy a break of 2.666 (stop at 2.594)
Pivot resistance is at 2.650.
A break of bespoke resistance at 2.650, and the move higher is already underway.
Daily signals are bullish.
We can see no technical reason for a change of trend.
Our profit targets will be 2.878 and 2.948
Resistance: 2.650 / 2.800 / 2.900
Support: 2.550 / 2.500 / 2.400
ADAUSDT All Time High Breaks!ADAUSDT (DAY CHART) Technical Analysis Update
New ATH (all-time high)
ADA/USDT currently trading at $2.59
Buy-level: $2.50 - $2.65
Stop loss: Below $2.20
Target 1: $2.95
Target 2: $3.25
Target 3: $3.50
target 4: $4.00
Max Leverage: 1X or buy it on the spot
ALWAYS KEEP STOP LOSS...
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CARDANO - You Know what I am doing.. Correction and emphatic rebound today. ADA seems to be the best performing crypto asset and from tomorrow the Japanese will boost it higher (I hope).
So,tomorrow is a HUGE day for ADA CARDANO, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased.
On top of that, Smart contracts are being launched soon..
I saw a rather extreme article today.. Don't like it too much but here it is:
Meet Cardano, the cryptocurrency coming for bitcoin’s crown :
As the long-fought battle between bitcoin and ether rages on, newcomers are climbing up the ranks with underlying technology upgrades set to push them onto the main stage — if scammers don’t get to them first.
Smaller tokens known as altcoins have been steadily rising in popularity this year, with one cryptocurrency quickly pulling ahead. Enter cardano, which started 2021 at $0.17 and has jumped 116% so far in August alone to reach $2.90.
Also known by its ticker ADA, cardano is now the world’s third-largest cryptocurrency by market capitalisation, pushing older favourites tether and crypto exchange Binance’s BNB token out of its path earlier this month. It now stands at a total market cap of $93.5bn, according to 24 August data from CoinMarketCap, though it is still a long way from bitcoin’s $934.7bn.
Its rise is largely attributed to the Alonzo hard fork, an upcoming upgrade to the token’s underlying Cardano blockchain network which could see it challenge rival protocol Ethereum for its ability to handle smart contracts. If completed smoothly, this would be a major boon for institutional usage.
“If successful, will bring smart contract functionality by allowing the writing and deployment of smart contracts for the first time on the Cardano blockchain. This upgrade will be significant as it will enable developers to build projects on the network, helping Cardano to position itself as a real ‘competitor’ to the likes of Ethereum,” said Simon Peters, crypto market analyst at online brokerage eToro, last month.
“The price of ADA climbed over the last quarter, suggesting investor optimism around the Alonzo hard fork and Cardano’s ability to challenge Ethereum long term.”
Let's go to 5$ Cardano. You are ready, you can do it now.
One Love,
the FXPROFESSOR
💎ADA CARDANO - Japan, Here we Come! 🗾💹Price has failed to reach the 3$ mark (came close by 5 cents but no touch and no cigar).
Will this happen sometime today or tomorrow? Maybe
Will the price rise to higher levels now or a but later? Hopefully now
Will the price dip under support? Hoefully not, it depends also on what Bitcoin will do.
Fundamentally, tomorrow is a HUGE day for ADA CARDANO. On August 25, people from Japan will be able to buy $ADA on the stock exchange. Decentralization and security of #Cardano will be increased.
On top of that, Smart contracts are being launched soon..
So, let's go Higher Now ADA!!
One Love,
the FXPROFESSOR 💠
Cardano after breakout effectsAfter breaking 2.500 lvl
Created a double top at 2.960 lvl
It has broken the ascending small trend line
It may consolidate within the yellow box and if breakdown We can see 2.750 lvl & further fall can take support nat 2.6500
Will update after this scenario or if there is a reversal
$ADAUSD Long term PT 400 and higherAnother reason for Cardano’s surge is that from August 25, its coin will be listed on Japan’s exchange after authorization by the country, which is considered to have one of the strictest criteria for entering the market.
It means Cardano’s $ADA.X will join the elite coins of Bitcoin, Ethereum and Litecoin in Japan where it will be put to the test.
Could Cardano’s ‘green’ cryptocurrency ADA take over Bitcoin and Etherium?
The little known cryptocurrency Cardano (ADA) has come out of nowhere to become the third-largest after Bitcoin and Etherium following a recent price surge as blockchain enthusiasts look for more climate-friendly options.
Cardano’s price has gone up by more than 36 per cent in the last week and its market capitalisation stands at $90.60 billion (€76 billion), according to crypto website CoinMarketCap.
What is Cardano and what are the reasons for its success? Here’s everything you need to know.
What is Cardano?
Cardano is a blockchain platform and it has its own internal cryptocurrency called ADA.
The tokens are named after Augusta "Ada" King, or Ada Lovelace, a 19th-century British countess known for her work on a theoretical computation engine. She is largely regarded as the first computer programmer and is the daughter of the poet Lord Byron.
Cardano was established in 2015 by Ethereum co-founder Charles Hoskinson and was launched in 2017. Since then, the token has returned 7,080 per cent to investors.
Cardano is the largest cryptocurrency to use a proof of stake blockchain model, which is considered a greener alternative.
As crypto enthusiasts become more aware of the environmental impact of cryptos, Cardano has an upper hand over Bitcoin and Ethereum, and this could be one reason for its recent success.
Bitcoin: Cryptocurrency accounts blocked on Chinese social network Weibo
Elon Musk wants Bitcoin to become environmentally friendly. Can he convince the crypto's devotees?
Recent figures from Bitcoinenergyconsumption.com show Bitcoin’s estimated annual emissions is over 57 million tonnes of CO2 per year, which is about the same annual carbon footprint as a small European country.
Meanwhile, Iran and China temporarily banned all crypto mining this summer because computers used in the process were sapping too much electricity and causing power cuts.
Proof of stake works by randomly allocating coins to users, who put up coins for collateral. This differs from the proof of work mechanism - used by both Bitcoin and Etherium - which requires a global network of computers to run at the same time when a transaction takes place.
This method is designed to encourage increased computing effort for transactions, which uses much more energy than proof of stake.
On its website, Cardano says: “We have changed science. We have changed what it means to build global systems and sustainable models of exchange and governance.
“We, alongside our community and partners, are defining a new future: a decentralised future without intermediaries, in which power is returned to the individual”.
What are the reasons for Cardano’s success?
Over the last two weeks, the cryptocurrency market has been rallying. Bitcoin and Ethereum have been leading the wave but ‘altcoins’ - alternative digital currencies to Bitcoin - have also gathered pace in the price race.
Cardano’s price surge came after it announced a major upgrade called Alonzo, which will launch in September.
Alonzo will introduce smart contracts to the blockchain. Smart contracts are programmes stored on a blockchain that run when predetermined conditions are met. They are typically used to automate the execution of an agreement and will allow Cardano to deploy their own smart contracts and pave the way for its own decentralised applications (dApps).
Another reason for Cardano’s surge is that from August 25, its coin will be listed on Japan’s exchange after authorisation by the country, which is considered to have one of the strictest criteria for entering the market.
It means Cardano’s ADA will join the elite coins of Bitcoin, Ethereum and Litecoin in Japan where it will be put to the test.
CARDANO - AGAIN???? 🤭o m g !!!
CARDANO is rising again, exploding towards the North Pole and leaving everyone behind.
For #Cardano peeps who just want the essential dates
Major listing for ADA in Japan:
25 August
Smart Contract Upgrade:
12 September
Cardano Summit 2021:
25 September
Going to be an eventful few weeks and months ahead, Cardano seems destined for MORE~
One Love,
the FXPROFESSOR
CARDANO - Ready for another Flight? Our chart indicated that the market remains bullish and it has momentum to go higher even now that Bitcoin has been rejected before the 50k.
As you can see on our chart, the price has exited the descending wedge from North, has now checked the wedge as support and according to FXPROFESSOR's book this is now a signal to Buy again and to Buy more.
🔹CARDANO, We Have smashed the ATH 💙Cardano kai ksero pswmi! which translates to 'Cardano and bread' in Greek.
It's something that we say when we like too much. An exaggeration.
In this case I am not exaggerating, I told you guys EXACTLY when to buy (buy stop over resistance), EXACTLY what the levels were (and that's EXACTLY the levels the price would test and break) and also EXACTLY when we will go to new all time highs.
Now I will tell you were I think this is going. It's on my chart, take a look, above 5$ for the next 10 months.
Yes, I am EXACTLY VERY HAPPY. Thank you
the FXPROFESSOR