Just your average guy looking to get rich and retire young
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah the issue is Cardano needs to figure its own way not relying on BTC. Anytime BTC falls so does the rest of them. It’s curious as to why.
Damn it this thing corrected all the way to $1.25? That sucks and hopefully it holds here for the new low. Greedy profit takers!!
We are looking great right now. With the Coinbase listing and news that’s coming today we should be able to establish a new lower high (lower support high) it’s definitely hard to put into words LOL...
Go Cardano (ADA) we are great shape and this is becoming a lot of fun to watch!
So watching the L2 on on ADA there is someone trying to pull the price back down with some pretty significant sells. This is normal because someone/market maker is taking profits. If it wasn’t for this person or MM we’d be at $1.80 by now. Hopefully it’ll level off at $1.35ish support and bounce up to a new high of $1.60ish today!
GLTA CARDANO (ADA)
I ended up using some BTC converted on Bitrue because it’s a pain in the butt to put credit card info on. I sent them a support request asking for detailed instructions on how to load some money on it
It'll definitely be good for a 20-50% gain.
I don’t know... Dewine the Swine in Ohio is pretty bad as well.
Not sure if you all seen my post about the app HODL that’s free but I recommend it fully. I enter in each buy or sell that I make individually and it auto calculates to the penny my portfolio fully. It’s a live view of any coin or stock with many different features like some social media based on the particular coin/stock. If you highlight a particular coin or stock and rotate the phone horizontally it gives you a fully manipulatable chart. Honestly it is the best FREE charting app I’ve ever had. For those of you that understand charting I’m confident you’ll love it. It has all the features you would pay for on other apps or programs. It only has one advertisement when you first open the app that you can cancel immediately and never be interrupted again. I highly recommend this app.
*Disclaimer; I am in no way affiliated with this app at all. Just passing on the info. I don’t usually share info like this but I am so impressed with the app I just had to share. If you download it let me know what you think.
Wow that’s some great news. It’s about time. GO ADA
At this point the price could go either way. I'm not worried one bit but this is the perfect setup for flippers.
ADA price failed to correct above $1.100 and extended its decline against the US Dollar.
The price is now consolidating near the $1.000 support and well below the 55 simple moving average (4-hours).
There is a major bearish trend line forming with resistance near $1.100 on the 4-hours chart (data feed via Bitfinex).
The price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels.
Cardano price is showing bearish signs below $1.100 against the US Dollar, while bitcoin is stable. ADA price could decline towards $0.8800 if it fails to recover above $1.100.
Cardano Price Analysis
Cardano price followed a bearish path from well above the $1.300 level against the US Dollar. The ADA/USD pair broke many important supports near $1.120 and $1.100 to move into a bearish zone.
The pair even broke the $1.050 support level and settled well below the 55 simple moving average (4-hours). A low is formed near $0.9981 and the price is now consolidating losses. An initial resistance is near the $1.050 level. It is close to the 23.6% Fib retracement level of the downward move from the $1.193 high to $0.9981 low.
On the upside, there is a major resistance forming near the $1.100 level and the 55 simple moving average (4-hours). There is also a major bearish trend line forming with resistance near $1.100 on the 4-hours chart.
The trend line is near the 50% Fib retracement level of the downward move from the $1.193 high to $0.9981 low. A close above the $1.100 resistance level is must for a fresh increase. The next major resistance sits at $1.200.
Conversely, the price might fail to climb above $1.100. In the stated case, there is a risk of more losses below the $1.000 and $0.9980 support levels. The next main support is near the $0.8800 level, where the bulls might appear.
Cardano (ADA)
The chart indicates that ADA price is clearly facing a strong resistance near $1.100 and the 55 simple moving average (4-hours). Overall, the price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels.
Technical Indicators
4 hours MACD – The MACD for ADA/USD is showing negative signs in the bearish zone.
4 hours RSI – The RSI for ADA/USD is now below the 50 level.
Key Support Levels – $1.000 and $0.880.
Key Resistance Levels – $1.100 and $1.200.
Yes it will let you place limit orders
No problem.. it’s really based on luck when I find those sub penny coins. I only find them just scrolling through and like I said I do absolutely no research. I’m not worried about 400ish bucks so it’s worth the gamble. I’m looking at NPXS now. I know nothing about it so we’ll see what happens LOL
I find them just looking through all the coins and base my picks on the price of the coin alone looking for sub penny coins. BiTrue exchange is where I look mostly.
I think it’s safe to say that 1.03 has some good support! Lol
Personally I believe just about all cryptos will do well. I look for new ones that have prices like .000012 and by them for the hell of it. I do absolutely no research and throw $2-400 at them which ends up being quite a lot of coins when the price is that low. For instance I bought HOLO (HOT) at an average of .0003ish and have banked on this upswing. It’s really a decent coin with a lot of upside. It’s now trading at .0082ish for a helluva gain on a gamble for me. Worst case I lost $2-400 which I was totally prepared for. I have yet to see any coin lose over a 1-3 month timeframe. As stated in another post this is a grrrrrreat (Tony the tiger) time for investing into crypto. Times like these will never be available again in our lifetime! Mark this post ADA
This thing has to break out at anytime now!
Personally I believe just about all cryptos will do well. I look for new ones that have prices like .000012 and by them for the hell of it. I do absolutely no research and throw $2-400 at them which ends up being quite a lot of coins when the price is that low. For instance I bought HOLO (HOT) at an average of .0003ish and have banked on this upswing. It’s really a decent coin with a lot of upside. It’s now trading at .0082ish for a helluva gain on a gamble for me. Worst case I lost $2-400 which I was totally prepared for. I have yet to see any coin lose over a 1-3 month timeframe. As stated in another post this is a grrrrrreat (Tony the tiger) time for investing into crypto. Times like these will never be available again in our lifetime! Mark this post ADA
You sold at 1.15? After taxes to consider, I would’ve just held on. Personally looking at the long run picture ADA will be the coin to have. I’m forward looking 2-3 years from now. This is the coin that everyone would’ve wished they picked up at this price now. Mark this post!
Cardano ADA
I see thank you. I don’t pay taxes on stocks or crypto until I sell. But what about the interest earned when staking. Best way to hide that is Yoroi? Not that will hide it just wondered LOL
Or did I get that backwards?
Daedalus is better for tax purposes then? If that’s the case I’d definitely go with that as I’m pretty tech/computer savvy. I really appreciate your input !!!
Can someone give me an honest opinion on the best wallet to move my crypto to? I’d like to stake eventually as well and was hoping to find the best wallet for holding and staking. I appreciate any input.
ADA CARDANO$$$
All the coins will go up. I have no doubt on that. Sometimes I just don’t look at any of my holdings for a week or more. That way I’m not disappointed if one slides back. I’ve just taught myself some patients and found that my portfolio is up from day one of investing.
On February 14th I picked up another 1000 ADA. It was .81¢ then and steadily grown since with a new high of $1.49. It’s not a joke and is doing quite well. The chart looks perfect looking at the big picture.
I'm hoping ADA will run a close second. A better reason for younger/new investors to jump into this is because the price is way cheaper. Let's face it, most have invested into this coin because they're hoping it will be the next BTC or ETH. I throw a little at them all with more in the ones I most believe in.
Follow the Yellow Brick Road.
Cardano advances unabated on its path towards decentralization.
The so-called “Ethereum killer” will reach 100% decentralization by the end of March.
ADA price is holding key support at $1.10 as volume remains light.
Cardano’s protocol moves closer to full decentralization while ADA price awaits for volatility to strike back.
100% decentralization by April
IOHK, the development company behind Cardano, announced that the network is 90% through the goal of having all blocks being created by community stake pools, putting an end to the federated nodes.
If achieved, It will signal full governance by the stakeholders and, hopefully, for the collective good.
The transition to decentralization will provide the foundation for more decentralized finance (DeFi), stablecoins, and non-fungible tokens (NFTs).
The announcement will further add to the interest in Cardano’s native cryptocurrency, ADA. The cryptocurrency has rallied over 800% since the December 2020, making it one of the biggest gainers over the last few months.
ADA price at an inflection point
In trading, there is a saying that goes, “price contraction leads to price expansion.”
ADA’s 12-hour chart is a clear example of price contraction as it awaits the confirmation of decentralization at the end of March.
Over the last 5 days, Cardano price has traded sideways in a very tight range on low volume and has pushed through the February 26 downtrend line. The price action has shaped a small descending triangle.
ADA/USD 12-hour chart
ADA is in a timely position for purchase, and the volume compression signals that selling pressure has been exhausted. A breakout above $1.346 would confirm that the cryptocurrency is ready to test the all-time high at $1.485 and potentially target $1.7615.
On the downside, a daily close below $1.0375 would signal a bearish resolution to the tight consolidation and leave Cardano price exposed to a decline to $0.8043.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its ad
Has anyone noticed that Robinhood has a different price than most all other exchanges? For example .060719 on RH and .06153 on Crypto.com
Sad to say but if BTC doesn’t do well than neither does ADA. Hopefully we won’t have rely upon BTC for ADA to do well.
Yeah for real.. I’m just here for the soap opera. I know damn well I won’t see any money back.
My bad you already have LOL
Good luck to you!
Use Robinhood for Doge
Look like .055 has some serious resistance! Once it breaks .055 we should be good up to .07ish
GLTA DogeCoin
I agree 100%... there is a lot of updates coming. The Mary update just launched and another is set to launch March 31st that further decentralizes ADA. This is a long term hold. From what I’ve read ADA had a target price of $3 by the end of 2022. I take those forward looking price predictions with a grain of salt though. This could go way past $3 this year alone. It just depends on what institutional investors buy in.
ADA CARDANO
The company has not hired an auditor. There is just no way they can afford to pay for it not to mention they’re banned so what would be the point. This company never planned to complete financials in the firsts place. This thing is dead in the water. It seems to me they tried to pull the same scam as Theranos ending with the same result of indictments and prison sentences. There’s no use even arguing about this failed company. Our only hope is by some miracle some REAL company sees some value is this train wreck and buys it offering remaining shareholders .02¢ for shares.... if we are lucky.
I love sideways training. We all know ADA is going somewhere so for me.. it’s a great time to accumulate. Even if it’s small amounts. Happy Trading Everyone!
ADA
I agree as well. Some of my picks for the future are Doge and ADA. Doge is trading sideways as well as ADA because of accumulation I believe. Some of the bigger firms are manipulating to keep the price low in order to pick up cheaper. In time this will gain traction and put money in our pocket.
Cardano (ADA) is currently witnessing a minor correction in an uptrend. The altcoin has formed an inside day candlestick pattern, which indicates indecision among the bulls and the bears about the next move.
ADA/USDT daily chart. Source: TradingView
If the uncertainty resolves to the downside and the bears sink the price below $1.55, a fall to the 20-day EMA ($1.05) is possible. A rebound off this support will suggest that the sentiment remains bullish as the traders continue to buy on dips
If the ADA/USD pair breaks below the 20-day EMA, it will indicate profit-booking by traders. That could pull the price down to $0.9817712 and if this support also cracks, the decline could extend to $0.80.
Contrary to this assumption, if the price turns up from the current levels and the bulls push the pair above $1.30, a retest of $1.4852896 is possible. A breakout of this resistance could resume the uptrend with the next target objective at $1.83.
Are you sure. That’s not what I heard. I was told from a reliable source that Jeff Bezos had a meeting with Rene Schena about an Amazon/Arrayit takeover. That way they can use their (Amazon) resources to ship the test strips to the entire world for Covid-19
Are you serious? Is there a good reason you’re trolling other than getting a couple stupid replies to your comment? Any amount of research will confirm this isn’t a scam.
Even though we’ve been hovering around the $1.20ish price it’s an awesome indication that it can hold at $1.20 and has maintained its position as the world’s third-largest cryptocurrency with a market cap of slightly under $40 billion. Interestingly, a jump of 23% over the last seven days also made Cardano the highest weekly gainer among the top-10 coins by market cap. At the time this article was published ADA was trading just below record levels, while preserving its healthy uptrend on the daily charts.
In my opinion, of all the coins we can choose from Cardano (ADA) has the best chance of becoming the next BTC. The founder of Cardano has taken into account all the mistakes that have surfaced with Bitcoin and Ethereum and has taken steps to correct them. The fact he’s daily micro-managing ADA means that each day the architecture is improving. Before we know it we will own the premier crypto-currency and will have purchased it below a dollar.
Good luck to all that are here. I believe we’ve all made the right choice!
ADA