CARDANO: YOU ARE NOT BULLISH ENOUGH
11/20/2024
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Crypto Capital Venture
In this video, I discuss the bullish fundamentals surrounding Cardano (ADA) and its potential partnerships with major cryptocurrencies like Bitcoin, Ripple (XRP), Stellar (XLM), and Dogecoin. I analyze the technical analysis of ADA's price action, noting that while the short-term outlook appears positive, there is a possibility of a consolidation period and pullback to the $0.58-$0.60 range, which would be a normal technical move. I emphasize the importance of being prepared for such a scenario and tracking the charts closely, while remaining optimistic about Cardano's long-term potential as a dominant platform for Bitcoin DeFi, which is a strategic focus for the project.
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