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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Cardano price pumped over 4% in the last 24 hours to trade at $0.9603 as of 3:55 a.m. EST.  Following the 24-hour gain, the ADA price still has some work to do to erase the losses suffered in the last week, with the altcoin still over 7% down on the 7-day time frame. Cardano Price Attempting A Challenge At The $0.9891 Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal) The Cardano price was able to escape above a short-term descending channel in recent hours, and is now attempting to flip the resistance level at $0.9891 into support. Should the altcoin manage to close a 4-hour candle above this price point within the next 8 hours, it could gain the room needed to rise to the subsequent resistance level at $1.0933. Conversely, a rejection from the $0.9891 resistance mark could force the Cardano price to below the immediate $0.8821 support and to back within the bearish price channel. Traders might then push ADA down to as low as $0.7971. Indicators Suggest The C...

A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn’t bring back quantitative easing (QE), then ADA could continue to slip. “There’s also a chance [ADA] could go lower, especially if it follows what it did last cycle… If it were to drop 56%, that would actually put you below $0.60, which is right where it went last time… There’s always a chance that it comes back down to [the $0.357 price level], because [Fed Chair Jerome] Powell just says ‘no QE, continue on playing in the sandbox and the cryptoverse and we’ll give you QE sometime later.’ There’s a chance that happens.” Quantitative easing is when a government’s central bank purchases financial assets to increase the money supply...

Trading platform Robinhood has re-listed Solana (SOL) at over $216 a year after it removed the crypto and sold any remaining coins for just $16. Multiple users on X (formerly Twitter) slated today’s re-listing, which came as Cardano (ADA), PEPE, and XRP were also added to the platform. “Will never forgive Robinhood for de-listing SOL at $16,” one user said, while crypto sleuth ZachXBT claimed that Robinhood forced its users to sell their coins, causing “ massive losses .” He asked, “What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future?”  Your team forced Robinhood users to sell SOL at ~$16 during the bear market now it is $216 causing them massive losses. What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future? — ZachXBT (@zachxbt) November 13, 2024 Read more: How Jump helped US Robinhood users trade offshore at FTX Robinh...

The cryptocurrency market rallied from January to April this year delivering profits to investors who took an entry position last year. Bitcoin reached a new all-time high of $73,737 in mid-March to the days leading up to the halving event. After the halving, BTC dipped briefly in price and is now trading below the $60,000 mark on Friday. Leading altcoins like Ripple’s XRP, Cardano’s ADA, and VeChain’s VET are moving down in the charts this month in May 2024. Also Read: Gold Price Prediction For May 2024 Cryptocurrency: Top 3 Coins Under $1 To Buy in May 2024 1. Ripple (XRP) Source: Watcher.Guru Ripple’s native cryptocurrency XRP is hovering around the $0.51 mark and dipped by 1.5% this month. XRP has a good chance of reaching the $0.60 price level if Bitcoin begins to climb up in the charts. Ripple’s XRP moves in tandem with Bitcoin’s price and post the halving event, BTC has more chances...

The crypto markets started on the back foot in October 2022 pouring cold water on the financial aspirations of investors. The markets are down for 10 consecutive months and only a handful of them are in profit. While the majority are at a loss, the others are struggling to break even from their investments. However, despite the market turmoil, there could be ways to make a quick buck in the short-term trade this month. Also Read: Bitcoin to Witness Massive Devaluation If S&P 500 Continues Its Bearish Streak Top 3 Cryptos to Watch Out For This Week in October 2022 1. Bitcoin (BTC) Source: Wallpaperflare.com Bitcoin is hovering around the $19,100 mark on Monday after slipping to $18,900 at the day’s low. BTC has played the $18K to $20K movement pattern since August 2022 and is more likely to cross $20,500 again. If BTC heads south below $18,500 this week, it could open up avenues for quick gains . The leading crypto might repeat its feat of inching towards the $2...