{"id":14757,"date":"2022-12-19T16:22:43","date_gmt":"2022-12-19T16:22:43","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/19\/cardano-ada-hits-a-new-low-despite-another-milestone\/"},"modified":"2022-12-19T16:22:43","modified_gmt":"2022-12-19T16:22:43","slug":"cardano-ada-hits-a-new-low-despite-another-milestone","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/19\/cardano-ada-hits-a-new-low-despite-another-milestone\/","title":{"rendered":"Cardano ADA hits a new low despite another milestone"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011426665-a3c4213d-d28d-4487-9f8f-8fc0e7f8400f-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011426665-a3c4213d-d28d-4487-9f8f-8fc0e7f8400f-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011426665-a3c4213d-d28d-4487-9f8f-8fc0e7f8400f-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670011426665-a3c4213d-d28d-4487-9f8f-8fc0e7f8400f-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670011426665-a3c4213d-d28d-4487-9f8f-8fc0e7f8400f.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Cardano has misplaced 13% in seven days to hit a new backside for the yr<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The blockchain continues to draw new tasks as Plutus scripts close to 5,000<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">ADA continues to be very bearish, and a cheaper price is feasible in direction of year-end<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Barely two weeks to the top of the yr,\u00a0<a href=\"https:\/\/coinjournal.net\/cardano\/#:~:text=One%20Cardano%20is%20currently%20worth,45%3A00%20GMT%2D8.\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Cardano price<\/u><\/a> (ADA\/USD) exhibits no indicators of resuscitating. Trading at simply $0.264, ADA is extending its shedding streak within the yr, having misplaced 13% for the week. The stage is now a new low for the cryptocurrency. But as speculators proceed to wane, Cardano fanatics needs to be comfortable for a new milestone.<\/p>\n<p dir=\"ltr\">According to Cardano\u2019s weekly knowledge, the variety of sensible contracts on the platform is closing to the 5,000 mark. The contracts hit 4,855 previously one week after rising by another 400. The complete tasks launched on Cardano now stand at 111 after the blockchain added 3 extra members.<\/p>\n<p dir=\"ltr\">The rising tasks on Cardano present that its September Vasil improve continues to bear fruits. But at the same time as this milestone pays off, Cardano\u2019s bear market just isn&#8217;t over but.<\/p>\n<h2 dir=\"ltr\"><strong>ADA trapped in a descending channel amid bear indicators<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/19\/1671465167621-d2de0eb9-8273-4c97-934d-35919389a190.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"308\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>ADA\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">From the technical outlook, ADA continues to be trapped in a descending channel. The cryptocurrency trades on the backside of the channel with weak momentum. From the earlier worth motion, ADA has jumped any time it hits the underside of the channel. We might even see slight worth appreciation earlier than the cryptocurrency claims another potential low.<\/p>\n<p dir=\"ltr\">The technical indicators are bearish. The MACD has moved additional into the bear zone, with the indicator shifting under the sign line. The quantity indicator is extra on the promote than the purchase aspect, suggesting a additional bear market.<\/p>\n<h2 dir=\"ltr\"><strong>What to do subsequent for ADA?<\/strong><\/h2>\n<p dir=\"ltr\">Although there is a rise in exercise on the Cardano blockchain, it&#8217;s higher to maintain off\u00a0<a href=\"https:\/\/coinjournal.net\/cardano\/buy\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>buying ADA<\/u><\/a> now. The bear market may keep longer, and ADA may declare a new low within the yr primarily based on the value motion. Investors could be higher off shopping for from a confirmed bullish reversal sign.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase ADA<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a wide selection of cryptos, similar to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTc3NDQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ADA with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a main cryptocurrency change which gives buying and selling in fiat currencies or common cryptocurrencies.<\/p>\n<p>Bitstamp is a absolutely regulated firm which gives customers an intuitive interface, a excessive diploma of safety to your digital property, glorious buyer assist and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTc3NDQ&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy ADA with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/cardano-hits-a-new-low-despite-another-milestone\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Cardano has misplaced 13% in seven days to hit a new backside for the yr The blockchain continues to draw new tasks as Plutus scripts close to 5,000 ADA continues to be very bearish, and a cheaper price is feasible in direction of year-end Barely two weeks to the top of the yr,\u00a0Cardano price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[232,231,203,926],"class_list":["post-14757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-ada","tag-cardano","tag-hits","tag-milestone","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14757"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14757\/revisions"}],"predecessor-version":[{"id":14758,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14757\/revisions\/14758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14759"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.o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