In this video, we’re revealing one of the challenges that awaits Cardano as ADA prepares to go parabolic–and it’s not an easy one! Cardano right now hitting key resistance that we have been tracking for quite some time.

    Intro 00:00
    Big Cardano news 00:50
    Insane ADA weekly chart 2:50
    Big day for ADA! 5:35

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    40 Comments

    1. IMO When you see a bunch of new YouTube channels hyping cardano, it’s a good sign to have your bags ready for launch. When you see all the classic technicals on the chart, it feels like it’s ok to get excited the bulls are about to run. Bitcoin and Ethereum established crypto tech as the most secure platform in history by rewarding miners and developers and so the first bull run rewarded those coins greatly. Now that the novelty is cooled off a bit and Bitcoin and the alts survived a bear market, some valid questions have been raised, and now I think the second bull run will reward the progress toward utility and sustainability technology. I like to think cardano is a massive rocket that’s launching late because first mover advantage won’t matter when the tech is fundamentally more decentralized and efficient. I found cardano after getting wrecked by gas fees trading eth. Cardano was $1 and took a slow start to hit the $3 high and then watching the drop without holding bags and finally filling a bag of rumors this past month and I’m ready to try to ride two more bull runs before cardano realizes its enormous potential.

    2. Thanks for the vid! Ada still getting rejected right at .41…been super tough to break the last few times we got to here. It'd be awesome to break through .42 and flip to support.

    3. Dan, don’t let the nay sayers bring you down. Your TA isn’t flawed, many other crypto analysts are pointing out the exact same explosion for ADA. I’ve put my money where my mouth is and am awaiting the balloon to pop on Cardano. Which I have no doubt it will happen very soon

    4. Best not to keep any more money in Banks than you can afford to lose. Money could be easily ‘frozen’ 🌎 ❄️

      Bank crises, inflation and sanctions are a reminder of the urgency of moving into Bitcoin and crypto.🏃🏿‍♂️🏃🏾‍♀️

    5. Keep getting Excited when you see those candles move bro! I watch your videos because I can see how excited you get. I'm a long term ADA DCA investor from Inception, so I really only watch Daily/Weekly charts for ADA, But I enjoy seeing your videos pop up and how excited you are!

    6. While the network scored big on corporate social responsibility (CSR) parameters, it also forged big partnerships to expand its reach.
      As per a tweet by HBAR Foundation, Fresh Supply Co (FSCO), which was the largest user of payments giant Mastercard’s blockchain system, will move all of its existing operations to the Hedera network.

    7. lmao ! this guy is same high on hopium like from 2021 , dude move on from cardano its litterly not that special you have made it , and mark my works it will not make it . infact any of the Ethereum competitiors will not .

    8. Dan, pointing out the bear market similarities is cool, however looking at the previous break above the 50wma there's an immediate drop back to bear… I'm not so sure we should be excited yet

    9. AI predicted ADA at .45 at the end of the year. I predict it at .60 to $1.20. It gots to much going on now- adays… NOT FINANCIAL ADVICE. JUST MY PERSONAL OPINION…

    10. Dan, will ada users have to pay gas fees at the same rate as eth users when using the evm? Also, does that make solidity the go to smart contract language? Thank you

    11. In my opinion, the recession has already happened last year.  The Labor data is completely nonsensical due to pandemic lockdowns and people figuring out how to survive without working the same way they have historically.  So much money on the sidelines matching up with the last year of pain will drive equity markets higher,  People are starting to realize the value of their equity of choice is too good to pass up.  For me, that is BTC and ETH.  If they hold above the Bull Market support band, (currently is) over the next few weeks everyone's view will flip bullish.

    12. Love your content dán. but a 50% move up at this moment is wishful thinking I am afraid. Ada always moves slow untill the moment we are in the real bull market! So it will happen but not now in my opinion. If it does chapeau!!🎉🎉

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