
last Monday at 5:30 PM
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105 views
01/16/2025
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257 views
In this video, I discuss the potential for Cardano (ADA) to see a significant price increase based on the formation of an inverse head and shoulders pattern. I point out the similarities between the current market conditions and the previous bull market cycle, where Cardano saw a similar pattern that led to a major rally. I highlight the strengthening fundamentals of Cardano, including the upcoming Bitcoin integration, and suggest that the current setup could propel ADA towards a target of around $1.50. I also caution that there are no guarantees, and advise viewers to be prepared for various scenarios as I continue to track the Cardano price action and technical patterns in the coming days.
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