• About
  • Coincu
  • Hot topics
  • Random
  • Exchange
  • Dotscan
Sunday, August 14, 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

ADA will grow 32% as Cardano leads development

January 4, 2022
in Market
371
92
SHARES
3.1k
VIEWS
Share on Facebook

Cardano Hits 2-Month High, Will The $1 Price Be Conquered Again?

Kraken Exchange Added XRP’s New Feature For Users

ADA price could be preparing for a big breakout as a recent report shows that the Cardano blockchain is at the forefront in terms of development activities. Based on publicly available Github information, another statistic shows that ADA has more upside potential as the Cardano blockchain project leads the average number of active developers in 2021.

Cardano growth explodes in 2021

According to a recent report from Santiment, the Cardano blockchain will lead development activities in 2021.

Even if the development activities have no direct impact on market trends in the short term, they show the team’s monthly commitment to develop the product and update its features accordingly, with a long-term roadmap. Meanwhile, Kusama and Polkadot follow closely behind Cardano and Ethereum is fourth.

Cardano also leads to their Github repository in terms of active contributors in 2021, with an average of 53 daily contributors.

ADA 1

Top platforms in terms of average growing active contributors in 2021

According to Santiment, the above statistics show that the entire crypto ecosystem and large projects like Cardano with active developer communities “naturally dominate”.

ADA price awaits 32% increase

Price has formed a symmetrical triangle pattern on the 12-hour chart, suggesting that ADA may consolidate further until a critical breakout for its next move.

The Ethereum killer could be waiting for a 32 percent rally if it breaks the upper trendline of the chart at $ 1.50.

Ahead of a bullish upper-bound test, ADA will encounter resistance at the 21 12-hour Simple Moving Average (SMA), which coincides with the 38.2% Fib retracement at $ 1.40, followed by 50% Fib at 1, 45 USD.

ADA 2

12-hour ADA / USDT chart | Source: TradingView

Price may hit another hurdle at the 12-hour SMA 100 ($ 1.49) before reaching the upper bound of the technical pattern. If the ADA breaks above $ 1.5, there is a chance the market will experience a 32 percent rally that will push the price up to $ 1.98.

However, if selling pressure builds, ADA price will find immediate support on the 12 hour SMA 50 at $ 1.33, followed by the 23.6% fib retracement at $ 1.32. Other defenses could emerge at the August 3rd low of $ 1.26, followed by the December 4th low of $ 1.18.

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 Facebook page

Contents

  • Cardano growth explodes in 2021
  • ADA price awaits 32% increase
Tags: ADACardanoDevelopmentgrowleads
Previous Post

We’re celebrating Bitcoin’s 13th birthday on Genesis Day

Next Post

Public companies increase Bitcoin Hodl in 2021

Other Posts

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
Crypto Market Highlights August 12, 2022
Market

Crypto Market Highlights August 12, 2022

August 12, 2022
Crypto Market Highlights August 11, 2022
Market

Crypto Market Highlights August 11, 2022

August 12, 2022
Ripple Plans To Acquire Celsius’ Assets
Market

Ripple Plans To Acquire Celsius’ Assets

August 11, 2022
Next Post
Public companies increase Bitcoin Hodl in 2021

Public companies increase Bitcoin Hodl in 2021

Leave Comment

Contents

  • Cardano growth explodes in 2021
  • ADA price awaits 32% increase
  • Acala USD (AUSD) Stablecoin On Polkadot Lost Peg

    Acala USD (AUSD) Stablecoin On Polkadot Lost Peg

    129 shares
    Share 52 Tweet 32
  • Tornado Cash Used To Communicate With The Crypto Wallets Uniswap, Aave, And Balancer Block

    132 shares
    Share 53 Tweet 33
  • Tornado Cash Discord And Admin Forums Vanished Overnight

    130 shares
    Share 52 Tweet 33
  • Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun

    106 shares
    Share 42 Tweet 27
  • Bitcoin Mining Revenue Jumps 68.6% From Bottom In 2022

    103 shares
    Share 41 Tweet 26
Binance Holds The Most Bitcoins On Exchanges

Binance Holds The Most Bitcoins On Exchanges

August 14, 2022
Cardano Hits 2-Month High, Will The $1 Price Be Conquered Again?

Cardano Hits 2-Month High, Will The $1 Price Be Conquered Again?

August 14, 2022
Is FOMO ETH Now A Wise Decision?

Is FOMO ETH Now A Wise Decision?

August 14, 2022
A Shiba Inu Believer Has Burned More Than 4.7 Billion SHIB Since Last Year

A Shiba Inu Believer Has Burned More Than 4.7 Billion SHIB Since Last Year

August 14, 2022
BlackRock's Crypto Address Had Only One Token Few People Know

BlackRock’s Crypto Address Had Only One Token Few People Know

August 14, 2022
Shiba Inu And Dogecoin Record Gains As Meme Crypto Trading Volumes Jump 151%

Shiba Inu And Dogecoin Record Gains As Meme Crypto Trading Volumes Jump 151%

August 14, 2022
Shiba Inu Burn Rate Increased By 824% Last Week, Burning 711 Million SHIB

Shiba Inu Burn Rate Increased By 824% Last Week, Burning 711 Million SHIB

August 14, 2022
DeFi Hub Of Polkadot Experiences Serious Hack

DeFi Hub Of Polkadot Experiences Serious Hack

August 14, 2022
Hacker Attacks Acala Network But Still Can't Transfer ACA Token

Hacker Attacks Acala Network But Still Can’t Transfer ACA Token

August 14, 2022
Crypto Market Highlights August 14, 2022

Crypto Market Highlights August 14, 2022

August 14, 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