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Cardano price analysis: ADA/USD bearish as price slips to $0.4466

www.cryptopolitan.com

Cardano price analysis reveals that after a brief bullish surge, ADA has fallen back below the $0.4600 level against the US dollar. The price is now trading close to the key support at $0.4466 and is down by 1.19% on the day.

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Bitcoin ADA
$ 0.6522

Timeline of Cardano


Cardano to Plunge Hard at the Start of October! Analyst Maps Entry and Exit Levels For ADA Price - CoinPedia

The Vasil Hard Fork seems to bring no change in the price action for Cardano (ADA) as Cardano is continuously facing rejection at $0.5. The price of Cardano has been trading below its resistance level throughout this month. However, some analysts mark this as a good entry point for a tremendous return on your investment.


Hoskinson Claims Ethereum Has Hurt the Crypto Industry, Says Cardano Is a Game Changer - Crypto news

Charles Hoskinson, the co-founder of IOHK and Cardano, has criticized Ethereum for ‘hurting' the crypto industry and the Ethereum Foundation's attitude towards him and the Cardano project.


Cardano (ADA) Flashing Buy Signals, While Litecoin(LTC) & Avalanche (AVAX) May go Long Soon! - CoinPedia

Cardano (ADA) Price Analysis Cardano's price has continued to trade along the lower support around $0.434 ever since the price collapsed from $1.2 in May. While the volume & volatility diminished heavily, the price remained consolidated below $0.6.


“Cardano Doesn't Need Cryptocurrency To Be Successful in Order To Succeed”, Says IOG CEO - CryptoGlobe

Earlier today, Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano's R&D, talked about Ethereum Foundation's attitude toward him and Cardano.


Comparing Axie Infinity and Cardano to Big Eyes Coin Next-Gen DeFi Services - Crypto Daily

Crypto projects like Axie Infinity are known as Game-Fi platforms because they reward members for participating and being active within their ecosystem. The Cardano project also aims to become a fully decentralized platform with proof-of-stake functionality.


Cardano, Sandbox, and Moshnake: 3 Crypto Projects Investors Should Watch This Crypto Crash - The Cryptonomist

SPONSORED POST* The greatest question of the crypto crash is when will the market rebound? No investor knows when the indicators will become positive. Therefore, it is important for investors to begin protecting their portfolios for the long term. There are several approaches investors can take when they are hedging their portfolios.


Moshnake, Cardano, and Nexo: Less than One-dollar Crypto Assets to Consider for the Long-term - CoinPedia

With the current crypto market condition, long-term crypto assets purchase could be a smart investment move. Most crypto assets have suffered a great price decline, but the track record of the crypto market shows that these periods don't last forever.  However, it's essential to prepare for the good times.


Cardano Founder: Hydra Is ‘Everything Lightning Wanted To Be When It Grows Up' - CryptoGlobe

In a recent interview, Charles Hoskinson, Founder and Co-CEO of Input Output Global (“IOG”), the blockchain technology firm behind Cardano's R&D, talked abut layer 2 (L2) scaling solution Hydra, which should launch in H1 2023.


Cardano Appears to be at the Peak of Accumulation, Will ADA Price Rise High Following a Breakout? - CoinPedia

With a decrease in the Cardano price, the environment flipped to bearish for a week. The asset is trading at $0.4586 as the bears took control of the market at the beginning of the week. The last three days have been overwhelmingly bullish, so the bulls still have a chance.


The Mega Bull Market Secret: ADA Founder Charles Hoskinson Believes The US Financial Innovation Act Can Trigger A Massive Bull Market Run  - EWN

According to Charles Hoskinson, the US Financial Innovation Act can trigger a massive bull market run  In a 90-minute long interview with Cheeky Crypto, Hoskinson shared his views on possible factors that could end the current bear market phase of the crypto domain. Per Hoskinson, the Financial Innovation Act proposed by the US is capable of triggering a “mega bull crypto market run,” which can help the prices of leading cryptocurrencies surge past their usual price threshold.

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