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Topic: Cardano Price Analysis. (Read 233 times)

newbie
Activity: 1
Merit: 0
June 03, 2022, 03:05:30 PM
#32
Ada was strongly overpumped, its real price is $ 0.7-0.8
oh man, you are f***ng genius!
hero member
Activity: 2842
Merit: 772
November 12, 2021, 04:40:12 PM
#31
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Even though Bitcoin is currently bullish, the ADA is running normally at the current price. I am optimistic that the price of Cardano coin will reach $5 or will set the next ATH record., but this change will occur after the Bitcoin price movement stops. Some information I found, that the next bull run the price of ADA will reach $7.  However, this analysis cannot be used as a reference in crypto investment. A crypto investor of course needs his own analysis so that he can reduce the risk of loss.

This thread was open like one month ago, so I think it is still within the range of $2.xx.

People need to slow down, ADA has been tearing the market for the last year or so and it has given tremendous returns already so it's just normal for the project to take a break.

Maybe it has hit the ceiling already, maybe not, but we need to be patience and wait for that $5.00 that majority of you are waiting.

BTC though reaches another all time high, just saying as the OP tag the price of bitcoin that time at $51k.
legendary
Activity: 2030
Merit: 1189
November 12, 2021, 04:39:44 PM
#30
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.
Speculators will always speculate and tell you yes, ADA must surely go up so make sure you get your bags full now, while those that disregard it will tell you that there is not going to be much growth and you better place your money else where.

May that be the case, in my view ADA has really struggled to get new investors onboard and as a result of that the price movement has stagnated rather than increased. Will it rise, well I think it is hard to predict but in my view still something worth keeping an eye on.
member
Activity: 423
Merit: 11
November 12, 2021, 04:32:52 PM
#29
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Even though Bitcoin is currently bullish, the ADA is running normally at the current price. I am optimistic that the price of Cardano coin will reach $5 or will set the next ATH record., but this change will occur after the Bitcoin price movement stops. Some information I found, that the next bull run the price of ADA will reach $7.  However, this analysis cannot be used as a reference in crypto investment. A crypto investor of course needs his own analysis so that he can reduce the risk of loss.
full member
Activity: 743
Merit: 110
October 20, 2021, 01:57:40 PM
#28
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Cardano will continue to struggle to get past ATH. In recent months ATH has reached $3.1. I think, this is not very high compared to the current development of Cardano. But we need to be patient if investing in coins like this, no bull run will happen suddenly. We need to wait until Bitcoin stops at the pump.
sr. member
Activity: 1524
Merit: 270
October 20, 2021, 01:24:05 PM
#27
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Cardano and Binance are competing for the best position on Coinmarketcap. The third and fourth positions are between Cardano and Binance. However, the Bitcoin price changes in recent days have had little effect on the ADA coin, while BNB continues to be active. I think the ADA coin will continue to struggle for the best position this year. Meanwhile, Tether is highly dependent on market conditions. If the market condition is pumping, then Tether will fall, if the market is in a dump, then Tether will get the best position.

Your statement is the opposite of what's happening right now, ADA is moving ahead and earned the number 4 spot while
Tether gained the number 3 position, Bitcoin still moving ahead and close to reached $60K. BNB is experiencing downfall
or a short correction, a good time for investors below $400 is still good to invest for long term, possible to reached $1K
once the market start to pump high.

Maybe you need to read the whole of what I have to say. Tether only places the best position if the market conditions are dumping, because Tether is a stable coin, where the market cap depends on circulating supply not on price.
member
Activity: 252
Merit: 10
October 14, 2021, 06:16:18 AM
#26
But I believe, Cardano's chance to reach a higher price than the current price is still there in my opinion because 2021 still has two months left. We'll see the progress of ADA in these two months.
I think we should not have a big expectation to see Cardano reach a higher price in the short term, especially if bitcoin is still searching for the right time to increase.
We should think about the long term and what Cardano can do for the crypto user in the future.
But the progress of Cardano is good and although we do not know if the price can increase at the end of this year or not, Cardano can increase higher in the future.
The price is still not too high to buy now and hold it while I think we can stake some ADA in the other wallet and expect to make the additional reward that we can prepare for the future.
Because the price of Cardano which is still not high at the moment can be an opportunity to buy and hold until it actually reaches a high price or holds in a profitable time target. Cardona's development so far is still very good. Again, this is a good opportunity to buy and hold because I think many people assume that the future price of Cardano will be high.
hero member
Activity: 2870
Merit: 574
October 12, 2021, 10:02:51 AM
#25
But I believe, Cardano's chance to reach a higher price than the current price is still there in my opinion because 2021 still has two months left. We'll see the progress of ADA in these two months.
I think we should not have a big expectation to see Cardano reach a higher price in the short term, especially if bitcoin is still searching for the right time to increase.
We should think about the long term and what Cardano can do for the crypto user in the future.
But the progress of Cardano is good and although we do not know if the price can increase at the end of this year or not, Cardano can increase higher in the future.
The price is still not too high to buy now and hold it while I think we can stake some ADA in the other wallet and expect to make the additional reward that we can prepare for the future.
member
Activity: 252
Merit: 10
October 12, 2021, 08:24:20 AM
#24
Today Cardona is the second trending coin on coinmarketcap. In my opinion, the price of Cardano plunged downwards with a decline of 4.48% to 5%.

But I believe, Cardano's chance to reach a higher price than the current price is still there in my opinion because 2021 still has two months left. We'll see the progress of ADA in these two months.
hero member
Activity: 952
Merit: 503
October 12, 2021, 08:20:00 AM
#23
You’d be more interested in a Cardano price prediction 2021. Why? Because this altcoin is on the list of the most promising coins this year.
https://coindoo.com/cardano-price-prediction/
From what I have seen so far, Cardano is indeed very consistent in terms of development even though in terms of price it is still the same as in a few months ago so some people are still hesitant and don't pay attention to Cardano, even though in general the coin is very good.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 12, 2021, 07:54:45 AM
#22
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Cardano and Binance are competing for the best position on Coinmarketcap. The third and fourth positions are between Cardano and Binance. However, the Bitcoin price changes in recent days have had little effect on the ADA coin, while BNB continues to be active. I think the ADA coin will continue to struggle for the best position this year. Meanwhile, Tether is highly dependent on market conditions. If the market condition is pumping, then Tether will fall, if the market is in a dump, then Tether will get the best position.

Your statement is the opposite of what's happening right now, ADA is moving ahead and earned the number 4 spot while
Tether gained the number 3 position, Bitcoin still moving ahead and close to reached $60K. BNB is experiencing downfall
or a short correction, a good time for investors below $400 is still good to invest for long term, possible to reached $1K
once the market start to pump high.
sr. member
Activity: 1524
Merit: 270
October 12, 2021, 07:32:16 AM
#21
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.

Cardano and Binance are competing for the best position on Coinmarketcap. The third and fourth positions are between Cardano and Binance. However, the Bitcoin price changes in recent days have had little effect on the ADA coin, while BNB continues to be active. I think the ADA coin will continue to struggle for the best position this year. Meanwhile, Tether is highly dependent on market conditions. If the market condition is pumping, then Tether will fall, if the market is in a dump, then Tether will get the best position.
full member
Activity: 547
Merit: 110
October 09, 2021, 10:55:04 PM
#20
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.
When the market is bearish in the market, most of the altcoins are also affected by the bear market.
we'll see when bitcoin continues to fall. but cardano still stands tall as if unaffected by the bearish market
if we look at the current bullish btc I think there is hope for cardano to go up soon or maybe it can reach a new ATH in 2021.
because I think from the point of view of Cardano's adoption rate has increased dramatically since last October, by 227%.
Its popularity can be attributed to the fact that its entire system uses less than 0.01% of the Bitcoin network. In turn, that makes it more environmentally friendly and sustainable, appealing to crypto enthusiasts.
so it is very possible that ADA will soon go up and form a new ATH in 2021.
hero member
Activity: 2912
Merit: 674
October 09, 2021, 06:26:01 PM
#19
ADA is very overvalued now BTC price has reached 55k, BTC market is recovering. this is the time when investors will sell their altcoins for BTC this is the right time to buy cheap ADA coin and in my opinion this coin has some pretty high appreciation investors you can invest it in your portfolio right now.
Overvalued or undervalued?
There’s no pump with ADA yet, but for me since the pump on BTC and SHIB was done already, investors will not look for alternatives and for sure, ADA will be their options too so better to have it now and wait for the price to pump. It can make its new ATH for sure if the demand for ADA increases, just be patience for that moment because it will surely happen.
That is undervalued for me. I don't see a recent improvement of ADA after the 2017 Bullrun, it become hopeless to see its price rallying back high as of before. And in fact, even during these recent pumps, see nothing it changes and it remains at low value. Buying this coin isn't a good idea IMO. if I could take the risk with ADA, I'd rather have to put the money on the other projects that are worth investing coz it was likely to see that ADA has lost its potential at this time.
full member
Activity: 2128
Merit: 180
October 09, 2021, 05:56:37 PM
#18
ADA is very overvalued now BTC price has reached 55k, BTC market is recovering. this is the time when investors will sell their altcoins for BTC this is the right time to buy cheap ADA coin and in my opinion this coin has some pretty high appreciation investors you can invest it in your portfolio right now.
Overvalued or undervalued?
There’s no pump with ADA yet, but for me since the pump on BTC and SHIB was done already, investors will not look for alternatives and for sure, ADA will be their options too so better to have it now and wait for the price to pump. It can make its new ATH for sure if the demand for ADA increases, just be patience for that moment because it will surely happen.
jr. member
Activity: 209
Merit: 2
G I S T C O I N
October 09, 2021, 05:53:09 PM
#17
ADA is very overvalued now BTC price has reached 55k, BTC market is recovering. this is the time when investors will sell their altcoins for BTC this is the right time to buy cheap ADA coin and in my opinion this coin has some pretty high appreciation investors you can invest it in your portfolio right now.
legendary
Activity: 2212
Merit: 1008
October 09, 2021, 04:52:24 PM
#16
As for me Cardano is very Undervalued Compared to Ethereum. The research report published by Grayscale highlights how the fundamentals of this cryptocurrency have improved over the past year.

Cardano recently launched the smart contracts feature with the Alonzo update, paving the way for decentralized applications to launch and develop.
According to the report, Cardano currently calculates a larger payment amount per unit of market capitalization than its competitors (Ethereum and Polkadot), which suggests that the asset may be undervalued.
hero member
Activity: 1078
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
October 06, 2021, 03:41:17 PM
#15
Of course it will be at $3 in a few years but unfortunately  it is going to $1
At the moment it's still over $2, so how do you say Cardano will be $1 ?
Have you not seen the price of Cardano in the market all this time or just want to say this as entertainment only for discussion?

What he is trying to say is Cardano is overpriced and the price he wrote is the real value. He did not have any backing for that so I would not be supporting his claims but there is no doubt that most altcoins are currently overpriced including Solana and the meme coins. The bear market will take all this project to their rightful price and some might even end up been worthless because that is actually their value.

When this coins are been pumped, if you want to invest do not follow the pump as you might end up buying at a very high price and might not be able to recover because if the corrections that might follow the market.
newbie
Activity: 5
Merit: 0
October 06, 2021, 12:26:09 PM
#14
legendary
Activity: 1736
Merit: 4270
October 06, 2021, 12:24:37 PM
#13
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.
Cardano is very overpriced, I don't recommend investing in it now. If the price of bitcoin continues to rise, then altcoins will be sold and most investors will buy bitcoins.
After the rise in the price of bitcoin bitcoin, an increase in the prices of altcoins follows, which indicates the completion of the bull market.
But now the cycles in the market are more dynamic.
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