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Topic: Cardano Price Analysis. - page 2. (Read 255 times)

hero member
Activity: 2912
Merit: 642
October 06, 2021, 11:56:46 AM
#12
It just shows how ADA is not affected by the Bitcoin market and I think that's a good thing.
Rather than leaning over the Bitcoin price just like other altcoins, it shows its capability of owning its own economy.
Some supporters will love that idea more.
BNB is also the same, it broke the resistance yesterday but now it stopped in the price range of $430-440 and just like ADA not that much affected by the Bitcoin bull.

full member
Activity: 826
Merit: 100
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October 06, 2021, 11:42:57 AM
#11
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$.

I'm sure the price of ADA will definitely increase, but after the price of Bitcoin reaches at least its ATH price, because at this time only the price of Bitcoin has increased very high and usually after the price of Bitcoin increases, then there will be an altseason after that and of course at that time I'm sure the price of ADA will definitely increase very high too (creating a new ATH price).
hero member
Activity: 2926
Merit: 636
October 06, 2021, 11:23:15 AM
#10
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$.
ADA hasn't been performing so well since last 2018 when the bearish season has come. I really don't know the reason why but I just to say that this project had something been ignore by many investors as they look that this project is less profitable than the others. Even to compared it to the new project, ADA had lost its potentiality leading to the scenario that investors have no interest in. Because even the price of Bitcoin will rise, I'd never think that ADA will do the same.
jr. member
Activity: 840
Merit: 4
October 06, 2021, 11:22:19 AM
#9
I don't quite know how Cardano would work out in the immediate future. I know it has a DeFi itineration and there was a bug or something in the Smart. Contract. I know it would eventually shrug out of it and hitch a ride to the moon with hot DeFi platforms like Solana, Polkadot etc. I have a little bag of Cardano and hope it bounces back
hero member
Activity: 2604
Merit: 816
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October 06, 2021, 11:20:42 AM
#8
Maybe ADA can reach $5-$10 in the next bull run. This time we see the bitcoin price is going strong than before and the price now stays at $54k. Sooner or later, the price will increase more and I think if the situation is still like this, we will see bitcoin reach $60k in the middle of this month. So ADA and the other altcoin will have the opportunity to lift the price. So the next target for ADA could be at $5k or more because ADA already gives an update and run smoothly with the update.
sr. member
Activity: 811
Merit: 250
October 06, 2021, 10:58:41 AM
#7
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?
member
Activity: 1708
Merit: 13
KUWA.ai
October 06, 2021, 10:55:32 AM
#6
The possibility of a price increase for ADA remains if ADA is able to follow the movement of Bitcoin, especially if the Alonzo Hard fork can run well on the ADA network which allows to create smart contracts such as ETH, this is one of the tweets from an influencer who believes in the price increase of ADA: https: //twitter.com/CryptoMichNL/status/1445003266274643976
sr. member
Activity: 1554
Merit: 413
October 06, 2021, 10:28:20 AM
#5
..Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level.
There were also times that ADA price increased while BTC is struggling to breakout. It's just how it is.
It's only over a month since ATH at $3 so let it consolidate a bit more before the next leg up.

Ada was strongly overpumped, its real price is $ 0.7-0.8
What's your basis for your "real" price? Perhaps you're one of those who were unable to buy under $1 so you want the price level to be there?

hero member
Activity: 2520
Merit: 568
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October 06, 2021, 04:50:39 AM
#4
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$.
It can still.
But to know when that could be, you should also look to the price of bitcoin. After going to $51,600, it's starting to drop somehow. Not sure until when it will be dropping or it will again eventually pump.
As the very typical market, we don't know what's next.
newbie
Activity: 5
Merit: 0
October 06, 2021, 04:33:52 AM
#3
ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ 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$.
It is likely that Cardano will also follow to increase in price again, but it will not be too far from the current price, because I see that Cardano will be at a price of $3 in the near future if Bitcoin continues to be bullish in the market.

Of course it will be at $3 in a few years but unfortunately  it is going to $1
newbie
Activity: 5
Merit: 0
October 06, 2021, 03:39:49 AM
#2
Ada was strongly overpumped, its real price is $ 0.7-0.8
sr. member
Activity: 951
Merit: 250
October 05, 2021, 10:48:18 PM
#1
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$.
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