Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Rockalo on October 27, 2021, 01:52:58 PM
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The price of Cardano (ADA) has continued its sideways movement as the cryptocurrency maintains its price levels of $2.13 and $2.14. It is unlikely that Cardano will develop a trend as long as the small body candlesticks dominate the price action.
According to the description of the Small Body Candlesticks, buyers and sellers are in a phase of indecision. They are undecided about the direction of the market. As long as the doji candlesticks dominate the price action, the price level is likely to remain the same. The price movement of the cryptocurrency is insignificant as the altcoin has no trend. Nevertheless, the price level of ADA/USD has been stable since September 20. More information please click here
(https://coinidol.com/cardano-sideways-move/)
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ADA price trend seems to be weakening at the moment. Is this the reason why many investors hesitate to invest or because Dapps ADA have not convinced developers too much?
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This Cardano coin is extraordinary because when it is created in 2021, all wallets that have Cardano coins increase by a few percentage points and this is the effect of the Smart contracts that were just created by Charless Hoskinson and his friends.
But unfortunately until this moment I don't know how Smartcontracts from Cardano work because I checked on various forums and no one has been able to and or I'm not good at learning Smartcontracts from Cardano coins, hmmmm sad.
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The rise and fall of Cardano is always present in an inefficient environment because the price of Cardano coins is really changing every day, meaning that changes in Cardano coins are influenced by traders throughout the market.
When compared with Bitcoin, it is certain that this Cardano coin is very different from before because the value of the Cardano coin was once very minimal, aka very cheap and now the Cardano coin costs more than 2 USD.
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The rise and fall of Cardano is always present in an inefficient environment because the price of Cardano coins is really changing every day, meaning that changes in Cardano coins are influenced by traders throughout the market.
When compared with Bitcoin, it is certain that this Cardano coin is very different from before because the value of the Cardano coin was once very minimal, aka very cheap and now the Cardano coin costs more than 2 USD.
Pump and dump is always happening at crypto currency market.
I think Cardano is still have good performance as long as this month.
Dump because bitcoin dumped.
That's normal, every bitcoin dump, alcoins also will dump.
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The trust level of this Cardano coin is very high and so very strong, I love Cardano coin.
Cardano continues to make itself a very worthy coin to choose so that this Cardano coin is a very super good coin.
Bearish and Bullish don't have much effect on Cardano coin because I see this Cardano coin continues to live on the right path and continues to be in the top 10 rankings.
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There is no doubt about the Cardano coin for the price issue because in any case this Cardano coin is very convincing to be used as a cryptocurrency digital asset.
Bearish also this Cardano coin is really a good choice because I see this Cardano coin to be the best choice for us to make a profit.
Bearish is just a phase that Cardano coins can easily go through, so stay safe, friends!
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Cardano is currently getting more attention after issuing new smart contracts, there will be many projects growing on the Cardano Blockchain. Prices do move slowly, but this is sustainable. Pretty sure there will be a high increase in the future, if you have bought this coin then you should just hold it.