Cardano (ADA) Down But Not Forgotten

in #cryptocurrency6 years ago (edited)

The Cardano Prise dropped further this week, and are in a bearish zone. The prise has increased the last 8 hours from $0.3 to $0.33

It has been consolidating between the demand zone ( blue area ) and the minnow reistance for the last week.

I still believe in cardano, i will just wait to buy until i see a bull spike above the minnow resistance.

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Lets hope this coin survives.
0,50 $ seems reasonable if its starting to recover.

every struggle will surely produce good results according to his efforts and sacrifices. hopefully...

I have some ADA and actually haven't thought about it recently. Good to know what is happening with it, thanks.

I bought some a few days ago and am hoping it jumps just like ripple did!

after seeing your chart maybe ill get some cardano today! keep up the awesome work brother!

While I too am disappointed with Cardano's recent performance I remain confident it will be a good investment in the long term.

Finally ! A crypto trader who posts more than just 2 lines of text! Im a newbie to crypto. Great post, will be following with interest

Sadly, strength in the current market climate seems only to be calculable by the degree to which a coin is going down, not up. ADA seems to have taken a bigger hammering than other top20 coins which makes sense at its current level of development, it's hard for a coin to fall back on its intrinsic value when it's yet to show that value.
I think long term - once the product launches, gains users and starts real time evolution that accurately tracks user requirements via their scientific method ethos - the current prices will be considered breathtakingly cheap.

A month ago, ADA was trading at .60 and now it has gone down almost half in price. I was about to buy at that price and then I forgot to buy and since then it has only gone South.

At the same time, I thought of buying BNB at $4.60 which didn't happen and since then BNB has gone only North :D

Crazy times for me

These days market is only giving us nightmares :/

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