Will Cardano price rise again?

Cardano (ADA) recently broke the price above the bear market angle on the inverted dot and shape chart. The Cardano price breaking above the bear market indicates that the Cardano bulls are now in control.

“Theoretical long trade for Cardano price is a buy limit order between $1.32 and $1.26, a stop loss at $1.18 and a profit target at $2.00,” expert analysts said in their analysis. Of course, it is necessary to act by considering all possibilities. The closure of countries or the spread of the disease due to Covid affects everything.

ADA/USD $0.02/3-box Reversal Point and Figure Chart (fxstreet)

We know that Cardano has a strong structure, and we are sure that it will make all Cardano lovers happy in the future.

FXStreet’s analysts


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

El Salvador bought 21 more Bitcoins

After El Salvador bought 21 more Bitcoins, El Salvador had 1141 Bitcoins (BTC). El Salvador’s President Nayib Bukele has made great gains by buying Bitcoin. But the people of El Salvador still have a reaction to the President.

El Salvador continues to buy Bitcoin (BTC) as Bitcoin drops. continues to increase its Bitcoin reserve by continuing to buy on the decline. El Salvador President Nayib Bukele announced on Twitter that his “government will receive 21 BTC to commemorate the 21st day of the 21st year of the 21st century.” A different perspective for buying bitcoin.

New Salvadoran President Nayib Bukele speaks after receiving the presidential sash during a swearing-in ceremony in San Salvador, El Salvador June 1, 2019. REUTERS/Jose Cabezas

He also posted the image of the receipt for the Bitcoin buy order on Twitter. El Salvador is the first country to recognize Bitcoin as its national currency. I guess as Bitcoin drops, El Salvador will continue to buy Bitcoin (BTC).


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Elon Musk talked about Web 3

Elon Musk is trying to make Web 3.0 coins look negative this time around. Saying that he loves Dogecoin very much, Elon Musk, who made Dogecoin rise, does not stop vilifying other rising altcoins other than Dogecoin. Many writers write that Elon Musk is no longer taken as seriously as it used to be.

Elon Musk posted on Twitter a clip of the angel investor Jason Calacanis following Bill Gates’ old interview with David Letterman.

“I am not suggesting that Web 3 is real, it seems more like a marketing fad than reality right now,” Elon Musk wrote. I wonder if Dogecoin is a very advanced and constantly evolving altcoin in terms of technology? of course not. But Elon Musk is just a manipulator who likes to raise and lower Cryptocurrencies


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Waves Tech (Waves) announced that it will make a statement that will affect cryptos

It was announced by Waves Tech (Waves) that it will make a statement that will affect all cryptos today. We don’t know yet what that explanation is. But I hope the explanation helps cryptocurrencies to rise.

Statement by Waves Tech (Waves):
“The moment has come, TODAY at 5 PM (CET) we will announce something that will have an impact on the entire crypto space. 🚀 We’ve been talking about this for a while, but today, you, our community, will be the first to know.”


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

NCUA, Says Crypto Companies Can Partner

The National Credit Administrative Association (NCUA) will make a statement about it, saying that they will do crypto service of credit insured loan payment (FICU) at the middle level.

“This includes making plans with luck that allows anyone to buy, sell and hold lifeless digitals along with available from the FICU to take place in the FICU”

Also, NCUA Vice President Kyle Haupt said.
“You will enter the credit exits to cryptocurrencies using the last currency. Today’s guidance both helps with concerns and comes to earning loans to earn a new income.”

Source: CoinDesk


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Cardano (ADA) is down again, why price won’t go up

Cardano (ADA), which we follow closely, is not bullish. In the analysis, it is seen that there is a slight decrease. Why Cardano (ADA), which many people have been waiting patiently for and wants to rise, cannot rise.

Yesterday, the resistance point for Cardano ADA/USD was located at $1.34. The support was at $1.26, Today it declined again as low as $1.23. The negative side of Cardano price analysis continues to annoy Cardano lovers as time goes on.

The decline of cryptocurrencies for a few days has brought Cardano (ADA) prices down quickly. Cardano founder and CEO, other executives must now do something positive. New deals are being made in Africa, but why are prices still falling? Cardano (ADA) investor now wants answers.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Robinhood will be able to send users crypto gifts to each other

Robinhood brings new features for its users to gift each other crypto. It will activate the gift feature on December 22.

The gift will only be valid for seven cryptocurrencies. Sending cryptocurrencies will be worth $1. There will be no commission when sending gifts. When you send the gift, the recipient must accept it within 14 days.

Christine Brown, Chief Operating Officer, Robinhood Crypto, said: “Gifting crypto is a great way for our customers to help their friends and family remove the emotional and economic barriers to taking their first steps into crypto. It’s also an easy and instant gift for those who are already crypto fans.”


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Turkish President Erdogan Gifts Elon Musk NFT

President of Turkey Tayyip Erdogan had a videoconference meeting with Elon Musk. President Erdoğan presented Elon Musk with NFT.

At the video conference between Erdogan and Elon Musk, the launch of the TÜRKSAT 5-B satellite into space was discussed. In addition to the 5-D satellite, discussions were also held on the technologies developed during the meetings. In the statement made after the meeting, it was announced that Erdogan presented Elon Musk with an NFT created from pictures drawn by children.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Balancer (BAL) and Aave (AAVE) become partners

Balancer (BAL) and Aave (AAVE), the DeFi altcoin project, became partners. After the partnership became known, their prices began to rise. What will the middles do? Why they partnered, “Balancer Labs has joined forces with Aave to overcome the declining capital efficiency of returns invested in automated market maker (AMM) pools.”

Balancer Labs announced the launch of Boosted Pools on decentralized finance (DeFi) lending protocol Aave. Users can now deposit some of their unused liquidity into automated market maker (AMM) pools to earn additional returns.

Fernando Martinello (Co-founder and CEO of Balancer Labs) explained that there are several Boosted Pool innovations that lead to “tangible results, deeper liquidity, more efficient integrations for liquidity and higher returns.”

After the news was announced, the price of BAL increased by 13%. AAVE rose 11%.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance and MDI Ventures Forms Consortium To Grow Blockchain Ecosystem In Indonesia

Binance and MDI Ventures formed a consortium to expand the blockchain ecosystem in Indonesia. The consortium has collectively developed the largest digital and financial technology ecosystems in Indonesia, providing access to more than 170 million consumers in the world’s fourth most populous country.

MDI and Binance CEOs made a statement for the consortium established in Indonesia. Changpeng, Founder and CEO of Binance, said: “Our goal at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is an important step in that direction. With rapid technology adoption and strong economic potential, we are the leader of the blockchain and crypto ecosystem within Indonesia.” “We are excited to name MDI as the latest partner in the region. With their depth of experience in the market, we are confident that we will deliver leading products for users locally.”

MDI Ventures: US$830+ million multi-stage venture capital arm of Indonesia’s largest telecommunications company and is the country’s largest technology investment firm.

Source: Bianance


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

AdaCoinLive, – Cardano News

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