BTC$27 080.57


ETH$1 893.90




Binance Coin


USD Coin




Ardor (ARDR): a Quiet Gainer in 2020

Alex Paulson
Alex Paulson

Crypto and Forex professional trader, analyst, contributor.


An average trader rarely checks the coins that are below the Coinmarketcap’s top 50 or even 30. However, those who do are rewarded with the opportunity to profit from trading such underrated gainers as Ardor (ARDR).

Although the year 2019 hasn’t been much too impressive for ARDR in terms of gains, as its largest one amounted to 2.5% against the US Dollar, while Bitcoin, understandably, had overpowered the underdog by as many as 62.2%.

Nevertheless, Ardor began the new calendar year very confidently as for the coin that has a market capitalization of mere $51 million and an average daily trading volume of $2.5 million, by going all-green against the three major currencies over the period of the last 7 days: 22% in the ARDR/USD pair; 8.87% on the BTC market, and 7.19% against Ethereum. Not a bad showing for the 88th placed cryptocurrency that isn’t making any news headlines.

The fundamental value of ARDR

Fundamentally, Ardor is a blockchain ecosystem that utilizes that Proof-of-Stake consensus algorithm and has an interesting architecture that is comprised of a parent Ardor blockchain and multiple “child” chains with broad functionality. The chief purpose of Ardor is to resolve the issues such as a blockchain bloating, scalability, and the excessive reliance on a single token within the ecosystem. These are the burning problems of the contemporary blockchain industry, which Ardor might be solving covertly yet efficiently since there is positive price action on the part of the ARDR coin.

Rising steadily

When we mentioned the meticulous traders, who are capable of digging out profitable coins from the piles poorly-performing ones, we also meant those who aren’t refraining from trading on such relatively exotic cryptocurrency exchanges as Bilaxy, which currently accommodates more than 60% of ARDR’s entire trading volume. But it doesn’t mean that Ardor has the proclivity for pumps-and-dumps, though there had been a couple of situations similar to that scheme. 

Daily ARDR/USD chart

The first one occurred on January 9, 2019, when the price dropped by 73% and got pushed up in a matter of a day; the second instance took place on March 12 - the price shot up by 87% only to drop back in a few hours. Although these instances are rare, please keep them in mind as one such rise/drop could trigger your stop-loss and throw you out of the market for good. But for the time being, ARDR is a profit-generator for those traders who are engaged in the ARDR/USDT market and prefer the daily time frame.

1-day ARDR/USD chart

Since the first week of January, Ardor has been doing an excellent job at respecting the 50-period moving average, which means that the market possesses enough strength for a prolonged upside movement. But traders should be careful when placing their stop-losses because judging from the height of the wick on almost every daily candle, the market is quite volatile, meaning that poorly placed stop-losses are triggered frequently.

Nevertheless, the price of ARDR has been moving in a slow but steadily rising fashion, obediently making higher lows, now being in the process of establishing the second higher high at $0.051. Given that the RSI is currently in the overbought region, we could see the retracement of Ardor to a level above $0.045 with a subsequent move to the upside. To summarize, ARDR tempts traders to go long since the market appears to be developing healthily.


Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 91.6% 12 $27 080.57 0.50% 1.41% $525 120 984 052 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94% 5 $1 893.90 1.22% 3.85% $227 727 252 078 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000298 0.02% 0% $83 274 522 418 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 91.6% 2 $306.98 0.53% 0.34% $47 844 502 244 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000012 0% 0% $28 940 996 302 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 80.4% 40 $0.518733 2.48% 12.36% $26 965 484 878 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 94% 7 $0.375804 2.71% 4.65% $13 110 576 749 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 85.6% 14 $0.072136 0.28% 2.18% $10 070 286 642 DOGE 7 days price change
10 Solana (SOL) SOL Solana predictions 82% 27 $21.12 2.00% 9.24% $8 375 768 500 SOL 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 81.6% 31 $0.897462 0.39% -0.66% $8 327 966 768 MATIC 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 80.8% 34 $0.076148 1.38% -0.10% $7 742 460 822 WTRX 7 days price change
13 TRON (TRX) TRX TRON predictions 78.4% 33 $0.076534 1.77% 0.53% $6 903 793 375 TRX 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 81.6% 38 $94.27 -0.39% 8.09% $6 887 309 688 LTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90% 8 $5.23 -0.18% 0.15% $6 226 557 990 DOT 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.