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Cardano (ADA) Technical Analysis – Is ADA Ready For Lift-Off Again?




After a spectacular December which witnessed Cardano (ADAUSD) explode nearly 20-Fold from $.07 to $1.39, ADA, along with the entire cryptocurrency landscape, found the footing slippery to start the 2018 year of trade.

While the pullback throughout the cryptocurrency universe was sharp and steep, to say the least, whereby many coins witnessed price evaporation of anywhere between 50-80% as well as the entire cryptocurrency market capitalization losing nearly 65% from its all-time highs of $800BN, we’re now beginning to witness some stability as well as price recovery from the early onslaught.

One such name/coin that is garnering our undivided attention at present is Cardano – ADAUSD. As we can witness from the chart below, ADA, like many of its brethren experienced a sharp and powerful move from its all-time highs of nearly $1.40 in the first week (1/5/18) of January 2018 to its recent bottom in the $.12-$.13 zone. In essence, paring back its entire move from last December.

Although ADA experienced a near round-trip reversal during the past quarter 1Q18, things are beginning to shape-up again from a technical standpoint for ADA.

As we can see from the Daily chart above, ADA has spent the past several weeks in March/April in what appears to be a bottoming-basing phase and has since found its legs recovering smartly from the $0.12-$0.13 area to its present $0.35 level.

Although ADA is running into some short-term congestion and may require a bit of time to work through the potential resistance, we believe that both investors/traders may want to pay close attention to the action in ADA in the forthcoming days/weeks ahead.

If ADA can go ‘top-side’ of the $0.44 level and perhaps, more importantly, the $0.52 figure, such development, should it materialize, may just be the catalyst that sets the stage for ADA’s next meaningful advance into greener pastures with a potential objective in the $0.70-$0.75 range representing a 100% move from current levels. That being said, from a short-term point of view, the levels to monitor moving forward are a break of $0..44 and $0.52 top-side, while the $0.255 level should provide for decent support.

Nonetheless, we believe that both investors/traders may want to put CardanoADA front-and-center on their radars as it appears that a top-side break above the aforementioned levels may just set the stage for ADA to lift-off once again.

Happy Trading!

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of mufana79 via Flickr


META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects



Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service



TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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