MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

Cardano Slides Near Oversold Status, Analyst Still Bullish

November 29, 2021
in Crypto News
Reading Time: 2 mins read
A A
Cardano Slides Near Oversold Status, Analyst Still Bullish
ShareShareShareShareShare


Cardano News

  • Cardano remains in the top ten crypto asset in CoinGecko.
  • ADA might hit oversold status in the following days.

Cardano (ADA) remains to be one of the most talked about crypto assets in the space. This is because of its technology and huge market capitalization from its supporters around the world. However, these past few days, Cardano was hit by the market’s wild swing, which is common in the crypto world. As a result of the price of the crypto’s plunge, FUD ensued among its investors.

This made Dan Gambardello, the founder of CryptoCapitalVenture.io react in a tweet post:

Cardano is approaching oversold on the weekly at levels it was at in the bear market low of 2018. Only this time, instead of .02, $ADA is $1.50, after a 50% dip!

It’s crazy to me that some are choosing now to become bearish on $ADA. pic.twitter.com/h0Y2EEj0BB

— Dan Gambardello (@cryptorecruitr) November 28, 2021

Dan Gambardello explained in the tweet that Cardano is almost nearing being oversold. “Cardano is approaching oversold on the weekly at levels it was at in the bear market low of 2018. Only this time, instead of .02, $ADA is $1.50, after a 50% dip! It’s crazy to me that some are choosing now to become bearish on $ADA, he said.”

The tweet gathered different opinions from the Twitter community, some agreed while others didn’t. Furthermore, this post was retweeted over 170 times with almost 1800 likes that continues to increase over time.

Regardless, Cardano remains to be one of the biggest virtual assets in the crypto space. In detail, ADA joins Bitcoin in the top ten crypto assets in CoinGecko. At the time of writing, Cardano trades at a decent price of $1.58 with a market capitalization of more than $50 billion.


Credit: Source link

ShareSendTweetPinShare
Previous Post

What Cryptocurrency Trading Platforms Entail

Next Post

Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading – Regulation Bitcoin News

Next Post
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading – Regulation Bitcoin News

Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading – Regulation Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Philippines UnionBank Adds Support For Crypto Transaction With New App

Philippines UnionBank Adds Support For Crypto Transaction With New App

August 15, 2022
5 Fastest Growing Cryptocurrency to Invest In

5 Fastest Growing Cryptocurrency to Invest In

August 15, 2022
S. Korea Financial Watchdog Eye Crypto Laws

S. Korea Financial Watchdog Eye Crypto Laws

August 12, 2022
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Manage Digital Assets

August 10, 2022
Brazil brokerage firm set to launch a cryptocurrency exchange

Vinteum launches in Brazil to aid the Bitcoin ecosystem

August 11, 2022
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT
  • Fed Issues New Guidance to Banks Engaging in Crypto Activity
  • Australia: ASIC chair raises concerns about growing rate of risk-negligent ‘crypto’ investors

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,033.00 0.11%
  • ethereumEthereum (ETH) $ 1,899.36 0.94%
  • tetherTether (USDT) $ 1.00 0.03%
  • usd-coinUSD Coin (USDC) $ 1.00 0.04%
  • bnbBNB (BNB) $ 318.45 0.36%
  • cardanoCardano (ADA) $ 0.579601 4.17%
  • xrpXRP (XRP) $ 0.390042 4.66%
  • binance-usdBinance USD (BUSD) $ 1.00 0.19%
  • solanaSolana (SOL) $ 44.04 1.47%
  • dogecoinDogecoin (DOGE) $ 0.085507 7.5%
  • polkadotPolkadot (DOT) $ 9.00 2.45%
  • shiba-inuShiba Inu (SHIB) $ 0.000016 0.66%
  • staked-etherLido Staked Ether (STETH) $ 1,845.43 0.58%
  • avalanche-2Avalanche (AVAX) $ 27.65 0.37%
  • matic-networkPolygon (MATIC) $ 0.949888 0.51%
  • daiDai (DAI) $ 0.999695 0.05%
  • tronTRON (TRX) $ 0.070391 2.15%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,044.00 0%
  • ethereum-classicEthereum Classic (ETC) $ 40.89 0.75%
  • okbOKB (OKB) $ 21.43 0.51%
  • leo-tokenLEO Token (LEO) $ 5.40 0.47%
  • litecoinLitecoin (LTC) $ 64.15 5.67%
  • ftx-tokenFTX (FTT) $ 30.98 0.86%
  • nearNEAR Protocol (NEAR) $ 5.39 0.16%
  • chainlinkChainlink (LINK) $ 8.63 0.32%
  • uniswapUniswap (UNI) $ 8.48 0.77%
  • crypto-com-chainCronos (CRO) $ 0.152605 0.6%
  • cosmosCosmos Hub (ATOM) $ 11.74 3.03%
  • stellarStellar (XLM) $ 0.126709 3.32%
  • moneroMonero (XMR) $ 168.41 2.24%
  • flowFlow (FLOW) $ 2.73 0.59%
  • bitcoin-cashBitcoin Cash (BCH) $ 143.59 5.22%
  • algorandAlgorand (ALGO) $ 0.361598 1.17%
  • aerarium-fiAerarium Fi (AERA) $ 7.12 13%
  • vechainVeChain (VET) $ 0.031489 0.57%
  • filecoinFilecoin (FIL) $ 8.67 4.8%
  • internet-computerInternet Computer (ICP) $ 7.96 3.27%
  • apecoinApeCoin (APE) $ 6.36 1.89%
  • decentralandDecentraland (MANA) $ 1.05 0.5%
  • chain-2Chain (XCN) $ 0.085490 1.64%
  • the-sandboxThe Sandbox (SAND) $ 1.30 0.42%
  • tezosTezos (XTZ) $ 2.00 11.01%
  • hedera-hashgraphHedera (HBAR) $ 0.078334 0.77%
  • axie-infinityAxie Infinity (AXS) $ 18.21 0.62%
  • quant-networkQuant (QNT) $ 120.72 5.91%
  • eosEOS (EOS) $ 1.61 27.1%
  • aaveAave (AAVE) $ 110.12 0.34%
  • lido-daoLido DAO (LDO) $ 2.66 1.22%
  • theta-tokenTheta Network (THETA) $ 1.48 0.68%
  • fraxFrax (FRAX) $ 0.999043 0.03%