Cardano / Bitcoinเพิ่มขึ้น
Cardano has finally found a support
Coin of the day is Cardano
With a 50% fall in price since the beginning of the summer, Cardano showing turnaround signs.
Cardano is a smart contract platform, similar to Ethereum, with a focus on security through a layered architecture.
The central message of the team is that Cardano made by professional scientists " leading academics and engineers", which will ensure high quality of the product. Also, the team has an approach to privacy/regulation concepts:"A major innovation of Cardano is that it will balance the needs of users with those of regulators, and in doing so combine privacy with regulation. The vision for Cardano is that its new style of regulated computing will bring greater financial inclusion by providing open access for all to fair financial services."
Latest news
Jul 13 – Coinbase is exploring Cardano. From Coinbase Twitter: “Today we are announcing that we’re exploring the addition of the following assets to Coinbase: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX).”
Technicals
Cardano showed a sustained growth for the last three days, on 15% against BTC and 20% in USD value(calculated value). After the May-July fall from the 0.00004 high, the coin seems to be building a turnaround pattern on the 0.00002 level. A breakthrough above 0.000024 – 0.000025 zone will be a signal of possible bullish build-up, and breakthrough above 100-days EMA should be considered as a confirmation of such scenario. From the downside, 0.00002 level should stay strong to support the turnaround – growth scenario. In near-term 0.0000215 should remain strong to support the uptrend development.
With a 50% fall in price since the beginning of the summer, Cardano showing turnaround signs.
Cardano is a smart contract platform, similar to Ethereum, with a focus on security through a layered architecture.
The central message of the team is that Cardano made by professional scientists " leading academics and engineers", which will ensure high quality of the product. Also, the team has an approach to privacy/regulation concepts:"A major innovation of Cardano is that it will balance the needs of users with those of regulators, and in doing so combine privacy with regulation. The vision for Cardano is that its new style of regulated computing will bring greater financial inclusion by providing open access for all to fair financial services."
Latest news
Jul 13 – Coinbase is exploring Cardano. From Coinbase Twitter: “Today we are announcing that we’re exploring the addition of the following assets to Coinbase: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX).”
Technicals
Cardano showed a sustained growth for the last three days, on 15% against BTC and 20% in USD value(calculated value). After the May-July fall from the 0.00004 high, the coin seems to be building a turnaround pattern on the 0.00002 level. A breakthrough above 0.000024 – 0.000025 zone will be a signal of possible bullish build-up, and breakthrough above 100-days EMA should be considered as a confirmation of such scenario. From the downside, 0.00002 level should stay strong to support the turnaround – growth scenario. In near-term 0.0000215 should remain strong to support the uptrend development.
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