The CARDANO Move That Could Spark BULL RUSH!
01/28/2024
·
646 views
CC
Crypto Capital Venture
In this video, I discuss a comprehensive update on Cardano (ADA), focusing on its macro charts and the potential shift towards a parabolic bull run. I analyze ADA's current market position and its recent retracement in comparison to other cryptocurrencies, highlighting this as a bullish indicator. I revisit previous market behaviors, particularly post-2020 Bitcoin halving, to draw parallels with ADA's current situation. The video delves into the technical aspects of ADA's movements, examining key moving averages and patterns on both weekly and daily charts. I also compare ADA's trajectory with Bitcoin's, suggesting a potential roadmap for ADA's future. Throughout, I emphasize the importance of ADA breaking above its moving averages as a bullish sign, while acknowledging the market's unpredictability and the potential for rapid changes.
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.
