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Positive Future For Cardano Investors

Whereas the Cardano (ADA) protocol is similar to Ethereum’s PoS mechanism, the Cardano protocol is faster and has improved efficiency. The protocol introduces more features at an advanced level without blemishing the original idea of crypto that is decentralisation. Cardano balances security, speed and decentralisation whilst attempting to improve proportionally forward with each release or published paper. This is the idea from the mind behind it all, the founder Charles Hoskinson, who said this: “What we’ve done with Cardano is start with asking ourselves what a blockchain is. Does proof of work actually make a blockchain secure? Is there a...

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Why Cardano (ADA) Could Lead The Second Generation Of Cryptocurrencies

 Cardano. A top ten cryptocurrency project, backed by the brains of Ethereum but set up with a vision for the future. Cryptocurrency isn’t going to exist in this state forever, as the technology grows, so will each individual project. As it stands, Cardano promises an awful lot for the future and many now believe that Cardano is set to lead the charge for the next generation of cryptocurrencies, the time when cryptocurrencies and their projects migrate into a new purpose, with new uses, new values and a part of a more adaptive community. Why does Cardano promise to lead...

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What Is Cardano – The Complete Guide To ADA

Article published by tradingonlineguide.com In 2018 new cryptocurrencies and projects have appeared. One of the most interesting ones to emerge is Cardano, but what is Cardano? In this article we will explain step by step what this new project is about and why it’s considered one of the most interesting news topics in the crypto world. What is Cardano ? Cardano is a new smart contract platform, very similar to Ethereum which offers more scalability and security than the first virtual platform thanks to its layered structure. Cardano has been invented by Charles Hoskinson who co-founded Ethereum. While Ethereum is...

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Cardano (ADA) Enters Strong Bear Trend, Price Unlikely To Break Above $0.11 Before September

Cardano (ADA) is now down more than 90% since its all time high but that has not stopped it from entering a new bear trend. The price just broke below the 21 EMA on the 4H chart for ADA/USD above. Having already broken below the 50 EMA, Cardano (ADA) was expected to find support at the 21 EMA but the price failed to hold its ground and broke below it. Furthermore, the 21 EMA has now become a strong resistance for Cardano (ADA) which means the RSI is likely to break out of the falling wedge at this point. If...

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Cardano (ADA) Hits A New Low, Down 90% From All Time High

Cardano is now down 90% from its all time high after hitting a new low yesterday that knocked the price down to $0.117 as can be seen on the ADA/USD daily chart above. The last time Cardano (ADA) dropped to this level, it rallied back to the test the upper limit of the triangle. However, this time that does not seem likely. Cardano (ADA) will most likely fall below the dotted line to test the bottom of this triangle. A short term recovery can be expected given that RSI and Stochastic conditions are now oversold. However, the EMA alignment continues...

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