Logo
Cardano Ecosystem

Cardano’s Best Setup in Years! ADA Holders Need to Prepare!

09/24/2024

·

244 views


Crypto Capital Venture

In this video, I discuss the short-term and long-term price action of Cardano (ADA). I analyze the weekly chart, focusing on the importance of the 20-week moving average, which has historically been a key indicator of bull and bear markets for Cardano. I provide a realistic price range for ADA, considering a $250 billion to $500 billion market cap, or potentially reaching $14 depending on the strength of the overall crypto bull market. Additionally, I examine the daily chart, highlighting the significance of the 20-day moving average crossing above the 50-day moving average, and the importance of the weekly RSI consolidation pattern. I identify key resistance levels around $0.39, the 20-week moving average, and discuss the potential for a breakout or a throwback to the moving averages. Overall, I aim to provide a comprehensive technical analysis of Cardano's current market position and its potential future price movements.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=NSjCYkhf...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

Related Videos

CARDANO'S Next Move Will SHOCK The Masses! (You Should Be Ready)
CARDANO'S Next Move Will SHOCK The Masses! (You Should Be Ready)
Crypto Capital Venture

yesterday at 9:27 AM

·

37 views

ADA Holders MUST Watch This Before 2025
$ADA Set to Skyrocket! New Cardano VCs, Game-Changing Partnerships & Tokenized Gold!
Cardano近期更新:WMT升级,币安赞助峰会,MELD #ada币 #挖矿 #币圈 #质押
CARDANO ADA - THIS NEEDS TO STOP!!! PAY ATTENTION CLOSELY!
Essential Cardano360 September 2024 Edition
End of the Line and the Next Steps for 2024
Cardano Summit 2024

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)