Cardano Latest Update – Cardano Foundation Holds Decentralized Computing in a Bid to Fight COVID-19 – March 23rd, 2020 

  • Distributed computing to salvage situation on the ground
  • Cardano ADA declined to $0.027 after price correction of 6.84%

Cardano Staking – The Cardano Foundation has called on its community to support a distributed computing projected targeted at developing a vaccine for the CoronaVirus. Cardano Shelley – A large number of Cardano staff has decided to join in the Folding@Home project, giving out their personal computers’ CPU to run scientific research.

Distributed computing to salvage situation on the ground

Cardano News – The Cardano Foundation on March 19, 2020, called on its community to join the Folding@Home project. The Cardano Foundation started the project and invited people to join in what could be one of the most significant scientific efforts this decade. Cardano Staking – Folding@Home project (FAH) is a distributed computing project aimed at disease research that conjures the process of protein folding and the movements of proteins involved in several different diseases.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.144

Cardano Staking – The complex calculation required to conclude these conjunctions needs a huge amount of computing power, this is where FAH comes in. The platform covers thousands of different computers in order to speed up the research process. Cardano Shelley – the FAH project is currently aimed at fighting the COVID-19 outbreak by conjuring the dynamics of COVID-19 proteins to find novel ways to treat and cure the disease.

Cardano ADA declined to $0.027 after price correction of 6.84%

ADA Price Prediction 2020 – ADA followed the general market trend, and declined by 6.84% in one day, the next breakout point might be at $0.0259. in the past few days, ADA has been on a bearish price trend, the value has been restricted to $0.027459. ADA Price Prediction 2020 – After attaining a price mark above $0.032 on March 20, 2020, ADA price has continued to trade downwards and marked a regressive price trend.

ADA Price Prediction 2020 – Cardano ADA commenced trading at $0.029477 on Sunday, increasing its value by 3.42% then reaching the peak of the day at $0.030484. It was followed by a huge price correction of 12.04% that cost the token $0.003 and pushed ADA’s price down to $0.026815. ADA Price Prediction 2020 – After the price correction, ADA marked a slight upward movement and attained $0.2809, though it declined afterward by 3.93% and moved from $0.0280 to $0.0269.

ADA Price Prediction 2020 – The MACD shows that ADA may commence an upside price trend soon as its MACD line has exceeded the signal line. Also, ADA may encounter a further decline in its value as per the current price trend. ADA might decline to the next support at 0.0272 in the upcoming hours. The Major support levels are $0.0273. $0.0248 and $0.0227, while the Major resistance levels are $0.0292, $0.0313 and $0.0324.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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