Cardano (ADA) Technical Analysis: Will ADA Move Ahead of IOHK Summit?
Cryptovest
Published Apr 15, 2019 09:49AM ET
Updated Apr 15, 2019 11:01AM ET
Cardano (ADA) Technical Analysis: Will ADA Move Ahead of IOHK Summit?
The inaugural IOHK summit is scheduled to take place in just 2 days time, in Miami USA. The event is expected to draw a crowd of blockchain experts, developers and investors from around the globe to hear what the future holds for the Cardano network.
Former Ethereum Co-Founder and CEO of IOHK, Charles Hoskinson, will deliver the opening keynote speech, and has announced that he will unveil Cardano’s new 2020 roadmap, along with updates on Shelley - the decentralization phase of Cardano’s development.
Cardano Price Analysis
ADA has been accumulating along a key support level at $0.0835 for the past 4 days, after failing to break above the 0.382 fibonacci level at $0.0924 (red line). Low volatility has pushed the price action sideways as both buyers and sellers wait to see what emerg...
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