• About
  • Coincu
  • Hot topics
  • Random
  • Exchange
  • Dotscan
Tuesday, August 16, 2022
CoinCu News
No Result
View All Result
  • Login
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Market

3 reasons ADA won’t get bored in 2022

January 2, 2022
in Market
365
91
SHARES
3k
VIEWS
Share on Facebook

The Crypto Market Has Added Over 700 New Coins In Q3

Crypto 101: What is DAO? Limitations and Big development potential in 2022.

Cardano (ADA) could compete with the Ethereum network in 2022 if it announces its expansion plans. Cardano is expected to change the perception of cryptocurrencies in Silicon Valley. Cardano’s expansion plans could drive up the token price and increase on-chain activity.

3 reasons ADA won't get bored in 2022

Charles Hoskinson, founder of the Cardano network, highlighted the altcoin’s rapid growth in a recent YouTube video. This led to a bullish narrative for ADA.

The Ethereum network is working on a major upgrade, The Merge, the transition from proof-of-work to proof-of-stake. The journey to ETH2.0 is key for altcoin investors and owners. Ethereum destroyers like Cardano continue to compete with ETH as they offer faster and cheaper transactions on their network.

Experts believe Cardano has taken over and upgraded Ethereum’s second generation infrastructure. These improvements make Cardano more efficient and practical for smart contracts.

Analyst Gert van Lagen believes Cardano is at the lower end of an important support area.

For ADA / USD, the analyst says:

“1W-Chart: No signs of an imminent bear market: Holding a very good yellow uptrend – CHH-HL structure not broken by LL on macro chart since bull market started – peak 2018 acts as a strong support.

image

The source: Twitter

Meanwhile, the analyst thinks the ADA / BTC pair:

“1W diagram: The price is currently at: Lower Main Support Area (0.618 Bear Market Top to Bottom) – REDlower trend line of the rising channel – REDthe effect of the correction phase III-IV of the macrocycle pulse “.

image

The source: Twitter

FXStreet analysts believe Cardano price is on track to hit the $ 1.5 target.

1641095541 437 3 reasons ADA wont get bored in 2022 Bitcoin

Source: TradingView

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Tags: #BitcoinADABoredmagazinereasonswont
Previous Post

If Bitcoin correlates with this indicator, 2022 will be explosive, says Anthony Pompliano

Next Post

5 Metaverse Coins with a Market Cap Less than $ 10 Million

Other Posts

Crypto Market Highlights August 16, 2022
Market

Crypto Market Highlights August 16, 2022

August 16, 2022
ZipMEX Investors Pressed CEO To Resign
Market

ZipMEX Investors Pressed CEO To Resign

August 16, 2022
Crypto Market Highlights August 15, 2022
Market

Crypto Market Highlights August 15, 2022

August 15, 2022
Crypto Market Highlights August 14, 2022
Market

Crypto Market Highlights August 14, 2022

August 14, 2022
Crypto Market Highlights August 13, 2022
Market

Crypto Market Highlights August 13, 2022

August 13, 2022
India’s ED Freeze $46 Million In Vauld’s Assets
Market

India’s ED Freeze $46 Million In Vauld’s Assets

August 13, 2022
Next Post
5 Metaverse Coins with a Market Cap Less than $ 10 Million

5 Metaverse Coins with a Market Cap Less than $ 10 Million

Leave Comment
  • Federal Reserve Allowing Cryptocurrency Banks Access To Central Banking System

    Federal Reserve Allowing Cryptocurrency Banks Access To Central Banking System

    127 shares
    Share 51 Tweet 32
  • Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun

    126 shares
    Share 50 Tweet 32
  • Google Sites And Microsoft Azure Are Being Used To Steal Cryptocurrency

    102 shares
    Share 41 Tweet 26
  • CZ Exposes LinkedIn Scam, Only 50 Out Of 7000 Binance Employee Records Are Real

    91 shares
    Share 36 Tweet 23
  • Luna Collapsed, Family In Korea Decided To Commit Suicide

    115 shares
    Share 46 Tweet 29
Jump Crypto Joins Solana Blockchain Building

Jump Crypto Joins Solana Blockchain Building

August 16, 2022
Lido To Expand To Optimism And Arbitrum As First Step Of Its Layer-2 Plan

Lido To Expand To Optimism And Arbitrum As First Step Of Its Layer-2 Plan

August 16, 2022
TRM Labs Explains Tornado Cash Address Blocking

TRM Labs Explains Tornado Cash Address Blocking

August 16, 2022
Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism

Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism

August 16, 2022
Crypto Market Highlights August 16, 2022

Crypto Market Highlights August 16, 2022

August 16, 2022
Celsius’ $750 Million Insurance Being A Falsehood And Willful Deception Is Made

Celsius’ $750 Million Insurance Being A Falsehood And Willful Deception Is Made

August 16, 2022
Ripple To Power Remittances Between Japan And Thailand

Ripple To Power Remittances Between Japan And Thailand

August 16, 2022
Acala Successfully Regain Peg For AUSD After 2 Days Of Problems

Acala Successfully Regain Peg For AUSD After 2 Days Of Problems

August 16, 2022
The Crypto Market Has Added Over 700 New Coins In Q3

The Crypto Market Has Added Over 700 New Coins In Q3

August 16, 2022
BlueBenX Staging a $32 Million Hack To Make Up For Loss?

BlueBenX Staging a $32 Million Hack To Make Up For Loss?

August 16, 2022
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Polkadot Scan
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • Top Coin
  • Vi
  • DFH
  • CryptoLinks

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
    • GameFi
    • NFT
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Dotscan

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In