Cardano News Today – PWC Legal Leader Commends Cardano For Being A Huge Part Of The Decentralized Future, March 5th, 2020

  • Cardano ADA price Analysis – ADA moves towards the resistance level at $0.050 after a 1.90% surge
  • Cardano ADA Price Prediction 2020 – Current ADA price trend might persist

Cardano Staking – The legal leaders at Big Four Auditor PwC, Gunther Dobrauz recently commended the team behind Cardano’s development. Cardano Testnet – In a recent tweet, Dobrauz stated that he has always believed that decentralization is the future of blockchain. Cardano Shelley – Also, he claimed that Cardano Foundation and the team involved with IOHK CEO and founder Charles Hoskinson “are a huge part of this” future. IOHK is the blockchain firm behind Cardano and Ethereum classic.

Cardano Shelley – Dobrauz’s tweet also showed a picture where he was captured beside Hoskinson. Shortly after Dobrauz’s tweet, Hoskinson tweeted he met Dobrauz during his visit to PwC’s London headquarters. Cardano Staking – Commenting on this, Dobrauz stated his statement was his view rather than PwC’s, nonetheless, he claims blockchain technology to be transformative. He went thus:

“I have followed the work of the Cardano team and indeed the Cardano ecosystem more or less from the beginning and personally believe that they are doing an amazing job and enjoy every opportunity to exchange with and learn from them. The same is true for some other projects out there.”

Cardano ADA price Analysis – ADA moves towards the resistance level at $0.050 after a 1.90% surge

Cardano Price Prediction 2020 – ADA is currently trading around $0.0495 after an overnight surge of 1.90%. this current bullish price trend might persist and attain the next breaking point at $0.0501. Cardano Price Prediction 2020 – ADA might likely recover from the bearish trend that persisted for days. Over the last 24 hours, ADA has seen a price surge of up to 1.90% and is currently trading around $0.049563.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$1.24

Cardano Price Prediction 2020 – at the start of the day, ADA was trading at $0.0486 and over the next 8 hours and 15 minutes, it surges by 3.45% to mark an intraday high of $0.05031. Cardano Staking – it was shortly followed by a swift price correction that extended to 4.68%, which swing pulled ADA’s value to $0.047950. The last price variation occurred when ADA price encountered another surge of 4.06% to trade at $0.0498.

Cardano ADA Price Prediction 2020 – Current ADA price trend might persist

Cardano Testnet – ADA’s current value at $0.0495 trailing behind its 50 days MA at $0.049705 and 20 days MA at $0.049654, displaying lack of steady support. ADA’s RSI is currently at 42.01 and suppresses no trading limits. Cardano Testnet – The next few days might see a continuation of the current price trend. ADA might seek the next resting point at $0.0501 resistance level.

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