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  • Alex_Prokopenko325025 posted an update 2 months, 2 weeks ago

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    Cardano encountered a bear market in 2020 but quickly rallied. An increase in value saw the cryptocurrency cross $0. By march, it was trading at around $0. Cardano continued to witness a sustained rise in value, with the price reaching $0. Currently, cardano is trading at around $0. I wrote last tuesday that the price action was threatening to break below the psychologically key round number at 1. If it could get established below the 1. 1950, it would be trading at a multi-month low. Cardano also sets itself apart from the rest of the platforms by taking the focus away from trading and the price changes in the cryptocurrencies and emphasizing the role of the technology, its uses and the way it can help make the world better. Bitcoin initially tried to rally during the trading session on thursday but gave back the gains to slice through the $50,000 level again. In fact, we reached down towards the $48,000 level, and as a result now we are looking at the overall support level giving way as we could go down to the $45,000 level. Dubai-based crypto investment fund fd7 ventures said it has completed the purchase of $380 million worth of cardano (ada) tokens using the funds it collected from selling its bitcoin holdings. The news comes shortly after the firm launched a micro-fund that will focus on investments in projects building out on cardano (ada) and polkadot (dot). Recent data collected by block research shows that the monthly traded volume for february surpassed $1 trillion for the first time. 20 usd with a 24-hour trading volume of $5,146,254,747 usd. Cardano is up 7. 19% in the last 24 hours. The current coinmarketcap ranking is #4, with a live market cap of $38,269,883,841 usd. Cardano price shows resilient bulls pushing the coin to new all-time highs regularly. Now, a 10% to 15% pullback seems to be coming ada’s way before a 100% bull rally. Ticker trading ideas educational ideas scripts people. Profile profile settings account and billing referred friends coins my support tickets help center dark color theme sign out sign in upgrade upgrade now 30-day free trial start free trial upgrade plan pay nothing extra upgrade early. Cardano is a platform for smart contracts which main difference from existing systems is the division of the computational layers into a basic one for handling ada tokens and a layer for placing smart contracts. Cardano uses a new pos algorithm called ouroboros, which determines how individual nodes reach a consensus on the network. Hello traders, cardano is coming back to a very important support zone. It would be a good opportunity to buy this coin for a swingtrade. I would pay attention to this coin in a small time frame for a double bottom or head and shoulder pattern that would indicate that this coin is going to start another upward movement. To trade cardano, the first step is to open an accout with a regulated exchange, depost funds, select cardano from the platform list, and lastly buy ada (go long) or sell ada (go short). This guide on how to trade cardano ada will break everything down in layman’s terms so that you do not trade blindly 
     

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    Market information on 2021-08-04 14:25:25

    Market capitalization: $ 1604 billion (+ 6.2%) 🔺 (against $ 1592 billion yesterday morning).
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