CARDANO: YOU ARE NOT BULLISH ENOUGH
11/20/2024
·
293 views
CC
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.
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.
