Stock Market HolidaysRent Agreement FormatGratuity Balance CheckNPS Tax BenefitSavings Growth CalculatorAtal Pension YojanaSukanya Samriddhi YojanaIncome taxGST ReturnsAadhar Download Economic Times has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings,we'll assume that you are happy to receive all cookies on the Economic Times website. However, you can change your cookie setting at any time by clicking on our Cookie Settings at any time.You can also see our Privacy Policy
The Financial Conduct Authority (FCA) warns people about the risk of investing in cryptocurrencies, referencing price volatility, product complexity, charges and fees, marketing materials and consumer protection. Live TV Video Shows Market Call Markets Investing Personal Finance Real Estate Company News Commodities Economics Politics Technology Bloomberg News Wire Opinion ETFs Executive Pursuits International Market Call Schedule Listen Live TV Video Shows Market Call Markets Investing News Video ETFs REITs Theranos Investor Details His Frustration With Elizabeth Holmes Nasdaq Adds Retail-Trading Tracker in Wake of Meme-Stock Craze Hedge Fund Perma Bear Clark Shuts Down Amid Historic Bull Market Every Day Like Clockwork, $200 Million Flows Into One Growth ETF Opendoor, Offerpad Shake Off Zillow Collapse With Share Surges Texas Critic of ESG Faces Crowded Field for Oil Regulator Role SoftBank Can Invest $5 Billion-$10 Billion in Indian Startups in 2022 Labor Is a Problem Around the World, Meat Supplier Says U.S. Treasury Market Is Most Treacherous Since Pandemic’s Onset Murphy’s N.J. Lead Grows to 73,000 But No Ciattarelli Concession U.S. stocks rebound with consumer prices in focus EU to Focus on WTO With U.S. as Irritants Ease, Trade Chief Says U.S. Warns Saudi Arabia That Its Tax Regime May Drive Firms Away Goldman Launches Three More Thematic ETFs Betting on Disruption Wall Street Is Offering 8-Figure Pay Packages to Woo Top Talent Icahn Threatens Legal Action as Southwest Gas Spat Intensifies ‘Next Tesla’ Tag Takes Rivian to $90 Billion Value Without Sales Tapestry Rises as Sales Beat Estimates on Strength at Coach Cocoa Climbs for Second Day as Chocolate Makers Buy Market Dip Earnings Wins Put $150 Billion of Debt on Trajectory Out of Junk Personal Finance News Video ​Canadian consumer insolvencies in Q3 up from year ago Make clear plans when combining finances with your partner: Experts Home Economics: Prepare for higher rates now; Canadians more financially literate than they think Six investment myths debunked for financial literacy month Canadians are more financially literate than they realize: Poll Compulsive shoppers should ask themselves 'why' they're buying Rogers drama too real for Canadian retirement investors Majority of Canadians steering clear of debt for home renos: Survey Home Economics: Pandemic-era savings rates under threat; Remote workers worry about bias Pandemic-era savings rates under threat as inflation surges 4 ways to sustain savings habits from the pandemic Home Economics: Opposing debt picture in Canada; Warning of variable mortgage rate risk Higher rates equals a day of opportunity for the savvy saver Millennial Money: Experts expect 5 things this Black Friday 'Haves and have-nots': Data shows opposing debt picture in Canada Home Economics: Canadian home sales rise again; Save for holidays now, skip regret later Taking the leap from investing to wealth management Buy now, pay later isn't bad – but be careful Budgeting apps can help take the guesswork out of monthly spending Millennial Money: Save for holidays now, skip regret later Real Estate News Video REITs City of London Won’t Be Getting Its Tulip Skyscraper After All Daiwa House Logistics REIT Set to Be SGX’s Largest IPO in a Year Billionaire Sawiris Wouldn’t Buy Oversupplied Dubai Property Sika to Buy Construction Chemicals Rival MBCC for $6 Billion Manhattan Rents Jump by Most on Record as Tenants Seek Upgrades China State Media Stoke Speculation Property Crackdown May Ease Top Restaurants Fully Booked for Months in Covid Zero Hong Kong China Developers Sent Higher by Easing News, Evergrande Payment Tom Barrack Allowed to Resume Real Estate Work While out on Bail Delayed Interest Paid; Bank Loans Rise: Evergrande Update China Builder Kaisa Faces Payment Test Amid Liquidity Crunch U.K. House Prices Surge Again With Lack of Supply, RICS Says Inflation Threatens to Return to U.S. Politics in Replay of 1980 Amazon’s Revenue in France Climbed 28% in 2020 During Lockdowns Evergrande Pays Delayed Interest on at Least Two Bonds Kaufman Astoria, Paramount’s Old NYC Home, Bought by Hackman, Square Mile BNP Plans to Have 60% of NYC Staff Back in Office in Early 2022 U.S. Mortgage Rates Plunge, Dipping Back Below 3% Once Again U.S. Home-Price Increases Show Signs of Slowing From Torrid Pace Investors Circle Giant Berlin Project Owned by Adler’s Backer Company News First Step in Fixing Biased Bankruptcy Cycle: Getting Lawyers to Acknowledge There's a Problem Canadian Tire confident in navigating supply chain woes Disney slumps most in 18 months on streaming service slowdown Beyond Meat falls as slower sales seen persisting this year Moderna Defends Covid Shot as Questions on Heart Risks Mount ​CAE reports Q2 profit compared with a loss a year ago, revenue up Hospitals in Western U.S. Under Siege as Covid-19 Packs ICUs Elon Musk sells US$5B of Tesla stock as tax debate rages Discord App Backtracks on Crypto Tool After Backlash From Users Cando Rail & Terminals Is Said to Explore $800 Million Sale The World’s Largest Record Company Is Creating an NFT Super Group Drone Startup Plans Drug Deliveries to Homes in Salt Lake City ​Cascades reports Q3 profit down from year ago, revenue edged higher Commodities Oil swings as Biden faces mounting pressure to rein in prices The COP26 Endgame: What to Watch If You’re Just Tuning In EU to Lay Out $46 Billion Infrastructure Plan to Counter China OPEC+ Is Focused on Steady Supply of Oil, Not Prices, Iraq Says Gautam Adani’s $70 Billion Pledge Now Includes Greenest Data Centers France Joins Alliance Snubbed by U.K. to End Oil and Gas Era Pandemic Profits Show Why Stock Bulls Ignore Old-School Accounting European Gas Extends Gains After Belarus Warns of Pipe Shutdown Billionaire Zara Owner Builds Energy Bet With Wind Farm Stake Eskom to Seek Bondholder Approval for Plan to Spread Debt Load South Africa Treasury Doubles Down on Stabilizing State Finances Port of Rotterdam Sees Global Ship Strains Lasting Through 2022 VW Praises and BMW Pans Tesla as German Plant Nears Production Economics Hybrid working creates 'two-tracks' in office, BOE official says The Daily Chase: Stocks to rebound after inflation scare; Cineplex loss trimmed as audience grows Worst is yet to come for U.S. inflation as Fed, Biden feel heat Inflation in U.S. builds with biggest gain in prices since 1990 The Daily Chase: TSX carves out fresh record; Canadian Natural buying Storm Resources GDP revisions paint brighter picture of Canadian economy U.S. producer prices climb 0.6%, adding to inflation concerns The Daily Chase: In conversation with Bay Street power brokers; General Electric breaking up ​Open U.S. land border could drain tourists southward, Canadian operators worry 'Transitory but not short-lived': Macklem maintains BoC has inflation under control The Daily Chase: Rogers accepts B.C. court decision; Sun Life sweetens dividend China posts record trade surplus in October as exports surge Powell says U.S. Fed patient on hikes but ready to act on inflation Canada's economy wobbles amid supply bottlenecks Canada's employment engine shifts into lower gear U.S. job growth quickens as gain of 531,000 outstrips estimates The Daily Chase: Decision day in Rogers v Rogers; Hiring slows in Canada Ontario boosts health spending, plans to phase out COVID-19 supports The Daily Chase: OPEC+ facing pressure to pump more oil; Stocks flat as traders mull Fed roadmap BOE shocks markets by keeping interest rates on hold Politics ​Ford says 5.7-cent gas tax cut is coming before next year's budget EU Splits Over Plan to Loosen Funding Rules to Boost Cutting-Edge Tech South Africa Warns of State Job Cuts if Court Backs Pay Deal Scholz to Lead Final Push in German Coalition Talks From Monday F.W. de Klerk, South Africa’s Last Apartheid Ruler Dies, Age 85 What It’s Like to Visit São Paulo Now Lithuania Calls on UN to Open Humanitarian Corridor in Belarus Sudan Ordered to Restore Internet Cut Off Since October’s Coup Scholz Aims to ‘Winter Proof’ Germany Against New Covid Wave Hong Kong Jails Man for Nearly 6 Years Over Banned Slogan South Africa’s Fourth Virus Wave May Be ‘Mild’ as Curbs Remain U.S. Sanctions Cambodian Officials Over China-Linked Navy Base Judge Denies Trump’s Bid to Freeze Riot Records Ruling Texas Governor Loses Mask-Ban Fight With Disabled School Kids N.Z.’s Ardern Urges APEC to Include More Women in Workforces Technology Applied Intuition Raises $175 Million for Automotive Software Tools China’s Top Chipmaker Sees Abrupt Departure of Senior Executive 26-Year-Old CEO Takes His Autonomous Truck Company Public in $5 Billion Deal Netflix’s Is Closing In on Disney Again In Terms of Market Value After Binging on Dramas, Streaming Services Target Reality TV Climate Talks Are Seen Running Into Overtime: COP26 Update Chinese Steel Demand Will Contract This Year, ArcelorMittal Says Crypto Is Forbidden for Muslims, Indonesia Religious Council Rules Bloomberg News Wire Opinion News What Nutella teaches us about global supply chain risks Shoppers haven't minded higher prices. That might change soon Instagram is no place for kids How to cope when everyone around you is quitting Prices remain high. Costco isn't the answer What I'm waiting to hear from Elizabeth Holmes in court Trudeau's populist pose could hurt Canada's economy Higher prices are here, whether or not you call it inflation Congrats, you've inherited some money. Now what? Next iPhones cater deftly to creators and influencers A more infectious COVID needs a quicker test CPI report can’t settle the big inflation debate A US$30B takeover target can have cake, eat it too Odds are sports betting will bring trouble Betting against the Ark ETFs is good for Cathie Wood Does Scarlett Johansson have a case against Disney? We let Tesla fudge reality. Is Nikola a surprise? Chipotle, Shake Shack test limits of America's fast-food love Millennials getting raises have retiring boomers to thank Is the next COVID game changer a pill? ETFs News Video Berman's Call Cathie Wood's Ark files for Bitcoin ETF as wait for SEC goes on SEC delays ruling on Bitcoin ETF in blow to crypto traders Bitcoin junk bonds offer imperfect but in-demand crypto pathway The U.S. Fed probably just got a piece of those Bitcoin junk bonds Real estate ETFs emerging as a bet on global supply-chain mess Investment firms bet against Cathie Wood’s top ETF as tech faltered Cathie Wood fans buckle up as ETF assets fall to US$40 billion SPAC mania gives way to 'meh' as ETFs drop toward all-time lows Canadian issuer is making its Bitcoin ETF carbon-neutral The ghost of 'Volmageddon' is back to haunt new volatility funds An 'All-Stars' ETF is coming so traders can ride every hot trend Doing the right thing pays off for ethical investors A hater of passive investing joins an ETF firm to wage his war An ether ETF isn't even launched and already there is a fee war Bitcoin ETF drumbeat gets louder as eight issuers file with SEC BlackRock scores record ETF launch with carbon transition fund Wall Street math shows ESG funds can ride the value stock boom Blank-check ETFs keep coming even as SPAC fever cools down Cathie Wood's space ETF sees vigorous trading on its first day Cathie Wood's ETFs ditch ownership caps, add SPAC warning Executive Video Olympics boss aims to put 'most-followed' Tokyo games on track Buffett exits as Gates Foundation trustee, sidestepping rift Machin joins Serendipity Capital board after quitting CPPIB BlackBerry blasted on executive pay as Reddit rally enriches CEO John Chen Billionaires back startup that wants to let anyone be a landlord Elon Musk says he's putting last remaining house on the market WestJet CEO Sims to retire, airline begins search for successor The Simpsons: A C-suite survey World's richest face tax blow after 40% wealth surge to US$8.4T Jessica Simpson fashion brand owner preparing to sell assets in bankruptcy Ovintiv's Doug Suttles to retire after 8 years of dealmaking, end of Encana Colonial CEO defends hack response and offers lessons learned 'Wolf of Wall Street' producer named in US$250M 1MDB suit As the ranks of oil and gas executives dwindle, where do they go? Tesla executive and top Musk lieutenant has left the company TD provisions 'more than healthy' as pent-up demand set to be released: CEO 'I'm not a quitter': Irwin Simon's long and winding road to the top of Canada's pot industry Transat AT CEO Jean-Marc Eustache to retire, Annick Guerard named next CEO Credit Suisse's McKessar to leave as banker exodus accelerates More... Pursuits International Market Call Schedule Listen Live TV Video Shows Market Call Markets Live TV Video Shows Market Call Markets REAL ESTATE RADIO COMPANY NEWS CRYPTO COMMODITIES CANNABIS OIL GOLD TOP PICKS NEWSLETTERS Technology News Video Article News Video News Video {{ currentStream.Name }} Related Video Up Next Now Showing Continuous Play: ON OFF

Cardano price has been stuck in a ditch for most of October as price action ranged between $2.0 and $2.4. Neither bulls nor bears could take control as both defended their support or resistance levels quite adequately. The Relative Strength Index (RSI) has crossed above 50 again, proving buy-volume is picking up, and a breakout trade looks set to break $2.40 and target $2.74.
Recent drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to China’s recent crackdown on crypto services. The accumulated response made this sell off “all the more violent,” says Noble.