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 Cardanos worst week since May 2021 is over Will ADA price rebound 40

Cardanos worst week since May 2021 is over Will ADA price rebound 40


Published: 2023-06-12


1. Market analysis of Cardano's performance - The article covers Cardano's worst week in May 2021 while also highlighting its recent price rebound of 40%,making it the best-performing cryptocurrency in the market for the past week. - It suggests that poor market conditions coupled with Elon Musk's tweets about energy consumption in Bitcoin may have contributed to ADA's decline. - However,the platform's promising updates,such as their native tokens,smart contracts,and plans for environmental sustainability,have made up for the recent dip in ADA's value.

2. ADA's technical analysis - The article contains detailed technical analysis of Cardano's price performance from May 17,2021 to May 24,2021. - It showcases different technical indicators,resistance,and support levels,and charts to interpret the current state of ADA's market. - The article suggests that in the short term,ADA's price may continue to rise,but there is a likelihood of a pullback from the upper trend line.

3. The future outlook for ADA - The article speculates on Cardano's potential future in the market. - It suggests that ADA's recent success could be related to the platform's unique features,such as its peer-review-based development and plans for long-term sustainability. - The article also notes that as Ethereum transitions to proof-of-stake,investors may be looking for alternatives,and Cardano with its proof-of-stake mechanism could be a suitable option. - The article highlights the various development milestones,including the Alonzo Purple launch,which will incorporate smart contracts into Cardano's ecosystem,ultimately expanding its usability and appeal.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,064.00 1,518,086,619.30
2 ETH title=ETH 3,315.24 1,213,412,083.90
3 BTC title=BTC 63,725.49 1,112,227,993.14
4 SOL title=SOL 142.47 493,138,726.23
5 PEPE title=PEPE <0.01 267,616,338.49
6 ETHFI title=ETHFI 4.40 189,868,051.25
7 NEAR title=NEAR 7.37 151,488,013.42
8 BONK title=BONK <0.01 122,218,446.35
9 ENA title=ENA 0.86 118,512,526.91
10 OP title=OP 2.71 112,012,657.15
11 WIF title=WIF 2.76 106,584,601.71
12 GLM title=GLM 0.55 101,791,339.92
13 DOGE title=DOGE 0.15 89,782,930.09
14 BOME title=BOME 0.01 74,010,811.22
15 XRP title=XRP 0.52 66,772,175.41
16 ETC title=ETC 28.90 59,307,299.51
17 RUNE title=RUNE 5.23 55,399,722.62
18 AVAX title=AVAX 34.69 49,268,630.79
19 WLD title=WLD 4.85 49,143,087.52
20 MATIC title=MATIC 0.73 45,584,302.98
21 COS title=COS 0.02 44,984,254.43
22 STRK title=STRK 1.29 42,966,406.20
23 LTC title=LTC 84.54 41,934,347.49
24 FLOKI title=FLOKI <0.01 41,424,543.72
25 LEVER title=LEVER <0.01 41,192,397.05
26 AR title=AR 36.19 35,890,375.32
27 SSV title=SSV 54.15 35,341,257.30

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Automata title=ATA 0.25 +29.89
2 Ether.fi title=ETHFI 4.40 +28.21
3 Optimism title=OP 2.71 +16.77
4 Ontology Gas title=ONG 0.67 +14.04
5 MANTRA title=OM 0.79 +13.89
6 SSV Network title=SSV 54.15 +13.78
7 Arweave title=AR 36.19 +11.89
8 Ethereum Name Service title=ENS 16.98 +11.49
9 Akropolis title=AKRO <0.01 +11.26
10 Starknet title=STRK 1.29 +10.64
11 COMBO title=COMBO 0.80 +10.52
12 Illuvium title=ILV 103.07 +8.43
13 Ethereum Classic title=ETC 28.90 +7.52
14 Metis title=METIS 66.51 +7.36
15 Massive Protocol title=MAV 0.41 +7.05
16 Vanar Chain title=VANRY 0.18 +6.88
17 Saga title=SAGA 3.80 +6.71
18 Lido DAO title=LDO 2.08 +6.23
19 Omni Network title=OMNI 21.37 +6.06
20 GALA title=GALA 0.05 +6.03
21 Sei title=SEI 0.61 +5.80
22 Internet Computer title=ICP 13.79 +5.77
23 Wrapped Beacon ETH title=WBETH 3,441.18 +5.42
24 IQ title=IQ <0.01 +5.41
25 Pepe title=PEPE <0.01 +5.41
26 Ethereum title=ETH 3,315.24 +5.27
27 NEAR Protocol title=NEAR 7.37 +5.21
28 Liquity title=LQTY 1.15 +5.14
29 NEM title=XEM 0.04 +5.11
30 Uniswap title=UNI 8.11 +5.09

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Contentos title=COS 0.02 -13.62
2 LeverFi title=LEVER <0.01 -9.09
3 Powerledger title=POWR 0.32 -7.74
4 Loom Network (NEW) title=LOOM 0.09 -5.58
5 Golem title=GLM 0.55 -3.64
6 DataBot title=DATA 0.06 -3.46
7 Ethernity Chain title=ERN 4.36 -2.79
8 Pundi X title=PUNDIX 0.66 -2.62
9 TROY title=TROY <0.01 -2.62
10 Cream title=CREAM 44.07 -2.13
11 Atletico Madrid Fan Token title=ATM 3.11 -2.11
12 Civic title=CVC 0.17 -1.81
13 BTTC <0.01 -1.52
14 Shentu title=CTK 0.70 -1.47
15 Tensor title=TNSR 0.92 -1.22
16 Galxe title=GAL 4.49 -1.21
17 SuperRare title=RARE 0.11 -1.21
18 Wing Finance title=WING 6.05 -1.14
19 LTO Network title=LTO 0.19 -1.12
20 Blur title=BLUR 0.41 -1.10
21 Vite title=VITE 0.02 -1.08
22 Marlin title=POND 0.02 -1.05
23 Oasis Network title=ROSE 0.10 -0.97
24 Steem title=STEEM 0.28 -0.95
25 Bluzelle title=BLZ 0.34 -0.84
26 DODO title=DODO 0.18 -0.83
27 Tranchess title=CHESS 0.20 -0.75
28 EOS title=EOS 0.81 -0.67
29 Enjin Coin title=ENJ 0.32 -0.66
30 Ardor title=ARDR 0.11 -0.64

Bitcoin's Greed and Fear Index.

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65
Greed

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US news that has a significant impact on the market

at news day date time
1 Employment Cost Index q/q Tuesday 30-04-2024 13:30
2 S&P/CS Composite-20 HPI y/y Tuesday 30-04-2024 14:00
3 HPI m/m Tuesday 30-04-2024 14:00
4 Chicago PMI Tuesday 30-04-2024 14:45
5 CB Consumer Confidence Tuesday 30-04-2024 15:00
6 ADP Non-Farm Employment Change Wednesday 01-05-2024 13:15
7 Final Manufacturing PMI Wednesday 01-05-2024 14:45
8 ISM Manufacturing PMI Wednesday 01-05-2024 15:00
9 JOLTS Job Openings Wednesday 01-05-2024 15:00
10 ISM Manufacturing Prices Wednesday 01-05-2024 15:00
11 Construction Spending m/m Wednesday 01-05-2024 15:00
12 Wards Total Vehicle Sales Wednesday 01-05-2024 15:15
13 Crude Oil Inventories Wednesday 01-05-2024 15:30
14 Federal Funds Rate Wednesday 01-05-2024 19:00
15 FOMC Statement Wednesday 01-05-2024 19:00
16 FOMC Press Conference Wednesday 01-05-2024 19:30
17 Challenger Job Cuts y/y Thursday 02-05-2024 12:30
18 Unemployment Claims Thursday 02-05-2024 13:30
19 Prelim Nonfarm Productivity q/q Thursday 02-05-2024 13:30
20 Prelim Unit Labor Costs q/q Thursday 02-05-2024 13:30
21 Trade Balance Thursday 02-05-2024 13:30
22 Factory Orders m/m Thursday 02-05-2024 15:00
23 Natural Gas Storage Thursday 02-05-2024 15:30
24 Average Hourly Earnings m/m Friday 03-05-2024 13:30
25 Non-Farm Employment Change Friday 03-05-2024 13:30
26 Unemployment Rate Friday 03-05-2024 13:30
27 Final Services PMI Friday 03-05-2024 14:45
28 ISM Services PMI Friday 03-05-2024 15:00
29 FOMC Member Williams Speaks Saturday 04-05-2024 00:45

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