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In this video, I delve into the reasons why Cardano’s (ADA) price is not lagging behind but is actually ahead of schedule compared to the previous cycle. I discuss the current price action of ADA, its place in the cryptocurrency ecosystem, and its potential for future growth, especially in the eyes of institutional investors. I highlight Cardano’s fundamentals, its development over the years, and how it’s poised for significant adoption. I also touch on the importance of Masari’s fair reporting on Cardano and the visibility it provides. Furthermore, I share insights on ADA’s decentralization, its status as a top cryptocurrency, and its appeal to value investors. The video includes a technical analysis of ADA’s price movements in relation to Bitcoin’s halving cycle, suggesting that ADA is not only performing well but is also positioned for a potential breakout above the $1 mark. I discuss the implications of Bitcoin’s price action on ADA and explore various scenarios for ADA’s price movement leading up to and following the Bitcoin halving. Additionally, I offer advice on managing crypto taxes efficiently with Coin Ledger, emphasizing the ease and benefits of using their platform for tax reporting. I conclude by expressing my hope for ADA to surpass the $1 threshold sooner rather than later, while also providing a realistic perspective on ADA’s current valuation and its trajectory in comparison to past cycles.
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Intro 00:00
Cardano Messari report 90:30
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$1 Cardano? 6:00
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Cardano is ahead of schedule 8:35
When $1 ADA? 12:20
Cardano could consolidate 14:30
Powerful ADA price chart 16:10
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In this video I’m going to attempt to explain exactly why cardano price is not lagging at all in fact it’s actually a little bit ahead of schedule in terms of last cycle and then the dollar Mark when is a going to break a dollar and should
It be above a dollar right now I don’t think it should be I want to explain that in this video hit the Subscribe hit the like let’s just jump into it before we even dig into that I do want to just point this out Masari over here on X
State of cardano Q4 this is a big deal as you all know I’m bullish on cardano I’m bullish on cardano I I think it’s the best play it’s the best altcoin play for a long-term value investor and when it comes to institutions if they have their eyes on altcoins which they do and
They’re going to start getting into altcoins cardano is the best play for big money and it’s only a matter of time before they realize this it’s the fundamentals that are in play right now for cardano it’s slower moving things are happening slower within you know how it was built
Over the the years but right now it is here the infrastructure is there the foundation is there and so when we have Masari you know firms like Masari giving a fair you know a fair report for cardano it’s important it really is and I just wanted to point
This out um Masari they’ve done you know they’ve been known for for kind of pushing cardano to the side and leaving them out of reports a little bit and this is a this is a good deal and you can even see Ryan over here as a founder
And CEO of Masari says you can now access and curated podcast directly via the misari homepage here’s yesterday’s Charles hoskinson stream on our state of cardano report so giving cardano some love we want to see that we want to see that because at the end of the day
Everybody and I I’ll just show you right now I I posted this I just posted this the other day and I I basically was I mean I wasn’t shouting out all these firms but I was definitely mentioning the fact that it’s in terms of alt coins Ada consistently a top 10 crypto
Cardano is the most decentralized founded and its time test and peer review proof of stake it’s an altcoin dream for the value investor and so most big players do not realize this yet but they will and I tagged I tagged the nine the Bitcoin ETF the nine because I truly
Think it’s only a matter of time before their eyes are on cardano so again when we see things like this happening in the in the space it’s a good thing because it doesn’t always happen with cardano just doesn’t so that’s that now before we dive into the Ada charts and I really
Break down why Ada and I’m just going to show you so so visually and very simply and quickly Y8 is not lagging right now it shouldn’t be above a dollar right now why it could be very soon when it’s above a dollar before we do that special
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This makes it so easy everybody just directly import right into Turbo Tax or whatever you’re using and even if you’re not if you have some a CPA they’re going to want access to this data they’re going to need access to this data to do your tax report correctly share it with
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Setups very simply get access to data it takes minutes I’ve done demos on on this channel will probably do more and it’ll save such a headache so sign up with them in the link below thanks coin Ledger for sponsoring the video I posted this the other day I don’t think cardano
Will break a dollar before Bitcoin having let me just say right now very humbly number one I I I want to actually be wrong and I I’m actually I said I’ll give someone in the comments a thousand Ada if I’m wrong and it it does break a dollar
Before Bitcoin having I want to be able to do that would be awesome I I really would love for for AA to break back above above a dollar but number two this whole topic of a dollar is going to demonstrate we’re going to look at the charts it’s going to demonstrate exactly
Why Ada is so it’s so far ahead than where it actually should even be right now a lot of people like man adaa should be back above a dollar right now and it really shouldn’t not in terms of previous Cycles it really should not so let’s discuss this let me first start by
Just mentioning something you all know I track the bull market doors for Bitcoin I think a lot of people might originally initially think you know what man Dan tracks these bull market doors to to for this big Bitcoin signal and that’s a that’s a that’s one part of it right
Breaking these Bitcoin bull market doors it’s it’s a part of it right because we see what happens next previous Cycles some really nice parabolic gains but let’s point something out that’s obvious let’s take last cycle for instance when Bitcoin broke the bull market doors it’s like okay you waited
All this time to get this bullish confirmation and bitcoin’s like already breaking alltime high again what like what is that the biggest reason is because Bitcoin for me is a road map to all of crypto so when this is happening throughout these Cycles right and even right now this is what’s happening right
Now this is why we’re having this conversation when it’s happening and bitcoin’s making this move altcoins still haven’t made their move right altcoins are still they’re still down a little bit or at least just exiting the bear and and I should I should kind of take that back a little bit all coins
Have made an exit out of the bare market right in this case 150% from the from the low basically for a and the same is true even last cycle at the point where bitcoin’s breaking the bull market doors right here in November 2020 Ada from let’s just call it the real bare Market
Low not the co low but Ada was up like 300 400% so there were moves there but it’s the Bitcoin bull market doors that signaled really what was really getting ready to happen for Ada and altcoin and that’s the same for me now it’s it’s what’s really getting ready to happen
For for Ada and altcoins that’s why I use those bull market doors in terms of where Ada is let me first start before we talk about a dollar let me first start by just explaining and showing exactly why I don’t think Ada is lagging
At all and it is ahead and I know I’ve mentioned this a lot but I wanted truly just the topic of the video to be this look at where Ada is in terms of Bitcoin having right here there’s the Bitcoin having I think it’s like 63 days or something let’s see
63 so 63 days from Bitcoin having if we go last cycle and we say okay let’s do 63 days from Bitcoin having that’s 91 let’s bring this in uh 63 days first off that’s that’s like the covid swing low right so that’s not helpful at all but
Let’s take it out of Co out of co co uh AA bounce out of Co and let’s take it to bitcoin having right and let’s just see how far was Ada down at that moment at that moment from all-time high after it bounced out of covid and Bitcoin
Having is in play and let’s even take it to this this first little swing High here right after Co is down 93% at that moment at having or actually even after having right now at this moment from all-time high Ada is down 80% and it’s and and we’re still weeks
Away from Bitcoin having so I was I was more than generous I I gave Ada even just a nice move to the upside just to show you because if I wasn’t generous I could say you know let’s take this swing High a very similar environment to where
Adaa is or or even the co swing low and then we’re at like 98% or 95% from alltime high so in that regard you can just see Ada is is is ahead of itself it’s just is and if you look at this right now not only is it ahead of itself
But we have this environment in crypto where Bitcoin is testing these bull market doors in a way that it has never done prior to the Bitcoin having so we have an ADA chart and an ADA setup that is more like this move back here and
I’ve talked a lot about a lot about this recently in in videos because this is the move we’re tracking this entire move to the upside and then the consolidation back down at the 20 and the 50 is such a similar technical move from this swing High to the upside and then move back
Down whether or not we test the 20 and 50 still is still yet to be seen we’ve kind of got a little bit of a bounce just above the 20 but those those areas are still in play if if we fail to break out here but the move is so similar and
There and there’s really two major reasons besides the fact that they look very similar you can just see right now that was a that was a higher high for Ada from this swing high that was a higher high for Ada out of the bare Market at this moment last cycle Ada is
Putting in a lower high right so you can see right there that’s the move that’s the higher highve we want to see whether it’s from from this high or even from this high that’s the higher high we want to see and then the RSI momentum uh
Perspective you can just see Ada in a very similar type of uh environment overbought in this move consolidating down and then po having last cycle overbought in this move and consolidating down so we’re in the consolidation phase and potential bounce to the upside right now in the shorter
Term but that just shows you exactly it now let’s let talk about a dollar so Ada as we know is already outperforming itself from last cycle from a percentage wise and also from a time frame wise we’re earlier meaning we should be grateful actually with where Ada is
Right now it’s not lagging truly lagging even more than you think it is right now but let’s talk about a dollar because I think this is a this is the big one right I obviously posted I don’t think cardano would break a dollar before having but let’s look at this because
Truly this is becoming very interesting let’s let’s make make a note real real briefly Bitcoin broke the bull market doors right let’s just say beginning of November right so basically right here on the Ada chart so if that’s the case what I want to do is I want to take
A bars pattern and just say you know what let’s say Bitcoin does it let’s say Bitcoin explodes to the upside right now doesn’t fall back down before consolidating because if it falls back down and starts consolidating before trying to break these do again into having I don’t think I certainly don’t
Think a will make that move to a dollar but let’s just say let’s say a makes the move uh let’s say Bitcoin breaks through the bull market doors and let’s say Ada makes makes the move similar to last cycle from that time frame right so last cycle Ada Bitcoin breaking the bull
Market doors and then the move for Ada let’s take it over to where Ada is literally like right now check this out look at look at how close this could be so speculative if we just take the bars pattern from the move last cycle November bull market doors being broken
If this happens in the short term for Bitcoin just look at this if we just Mark real quick where a dollar is a dollar is right around there look at how close this is and I think this is like one of the best case scenarios right for
For crypto as a whole but obviously for Ada as well Bitcoin just keeps going right now and Ada is actually it it made its consolidation move to the downside and it’s it’s about to take off that’s the best case scenario but even in this scenario look how close this is to break
It’s like it looks like it’s breaking a dollar right at the like Bitcoin having so it’s pretty incredible to see how close this might be in this scenario where things really do end up being bullish for Bitcoin and crypto in the next like one to two months this could
Be a very close call for Ada but the other thing that I think in play besides that being a close call is just the fact that there’s no guarantee bitcoin’s gonna GNA make this explosive move to the upside and it could it could happen
Tomorrow and I want it to let me let me be clear but there’s always the case where you know what there’s going to be consolidation continued consolidation maybe just in this General range for Ada going into having as the 20 pulls up closer into Ada price maybe it’s just
Going to be sideways right so that’s also in play so we have the hybrid of kind of these two scenarios where Ada keeps consolidating and it doesn’t get that breakout moment moment that we all want right now and then the other scenario where actually it does start
Breaking out right and making a move to upside but it could be a close call whether or not Ada makes makes that move to a dollar I will say this it’s only and really it’s it’s only around 66% away from breaking a dollar this is a
Move it sounds like a lot but that’s just a move that could just happen so quickly if we look at the last cycle when Ada made the breakout from the 20we moving average and you know Bitcoin was breaking the bull market doors at that moment a finally exploded out of that
Range I mean that first week or two alone was 70% to the upside let alone the weeks that followed a was just going crazy like 300% to the upside so the move Could Happen very very quickly it’s just a matter of not whether or not it’s
Going to happen before or after the the Bitcoin having and how much consolidation there is uh between now and then but I will say this everybody if you just take a moment and I know there’s going to be so many people don’t they don’t they just look at the title
Of the video or the thumbnail they won’t take a moment to look at the data but if you just take a moment to look at the data it’s clear a a really shouldn’t be back above a dollar just yet maybe soon maybe even before having but the move
It’s not like we should be sitting back above a dollar right now right it’s just not the case if if Ada were to repeat itself and I should have said this at the beginning I’ll put this in a big time stamp if Ada were really going to repeat itself to last
Cycle Ada wouldn’t even be breaking a dollar until well after the Bitcoin having and I’m talking about weeks or months after the Bitcoin having and Ada wouldn’t be where it is right now at 60 cents so that’s just clear as day if you just look at this this chart from a very
Data perspective angle not a hopium angle not an emotional angle it just is what it is so these are my thoughts everybody we’ll see what happens it’s pretty cool that we’re in this General range similar to last cycle at this moment uh adaa was around 10 cents well
This time around we’re sitting at 60 cents and it’s happening earlier before the Bitcoin having as opposed to after the Bitcoin having so those are my thoughts everybody let me know your thoughts in the comments below I just want to do a video on this I had to just
Kind of get that out there and it’s probably not going to be the last time I I I talk about that but I appreciate yall hit the Subscribe hit the like I’ll see you in the next video video God bless
39 Comments
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Those reports are paid. they left cardano out because someone did not pay them.
When you try to explain for children why the can't have more candies today …..🤣😂
Dan, I have watched your videos for about four years now, and this is the first time i have ever commented on a youTube video. How many ADA do you have, very curious.
Amazing analysis as always! – Wondering if you could do another "peak ADA price prediction" since we are about to explode higher 🙂
JBSA
There will be a time when you should be invited in Cardona.
I like this
.61 resistance area?
Been following from litecoin days through to now still u and Tyler are still my favourites hope the family is good all the best from the Jackson fam in the uk
even sm use u tubers but ai break ta trade loose sm
❤cardano❤
After your bitcoin moonboy talk hard to take you serious
Most altcioins outperfoming ADA ADA will be the next XRP
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10k in a meme coin from just a few months ago and now they are multimillionaire.,.,.,.,.
if you are not trading and only buy spot and hodl you do not have to pay taxes right?
Ada going UUPPPP🔥 6$ next year easy
Can't wait to get back to ATH. Sitting on 4k ada right now and continuing to accumulate. People who call it a ghost chain are gonna be pissed they missed the boat
Timer ⏱️ running. Keep no more money in Banks than you can afford to lose’ 🕺
Digital passports, inflation and world 🌴 crises are a reminder of the urgency of moving into Bitcoin Litecoin and crypto.🏄🏾
Dan is the man.
always on point 👍
Best part of the video is your excitement n pure joy/passion in your expression. Great info as always. Go Cardano
❤ i got loooots of cardano, so i hope it will go crazy…
1000 ADA leggo
HYDRA ????
What a bullshit talk. Yes cardano will do well this bull run, but it is still trading below the 2018 bull run top.
Compare this to ethereum… ethereum is trading far above its 2018 bull run top
I just want to say that cardano will be outperformed by many altcoins. Structurally cardano is not that impressive compared to other altcoins like LINk and ethereum
So funny did you change the name of this video? I’m pretty sure it had something to do with stealth surge
If Ada is ahead, then Avax and Sol are waaaay ahead! According to this paradigm Ada has to go below dollar every cycle
Sometimes when I am down and having a bad day, I turn on a Dan video. Cardano and Dan are smooth to the groove, like sandwich bread.
Bitcoin is the tide that lifts all boats, great video man.
Nice!
blackrock & decentralization? I don't think so Dan
scammers are out in force right now. REMEMBER do not give anyone your SEED PHRASE NO ONE LEGIT WILL ASK FOR IT!!
Yes we should be at a higher price very slow. We are behind
Late to the party. I have a $1k limit until filled order at .50. I hope it drops back down before the halving so I can accumulate.
Like your analysis
Let's say ADA gets to $6-8 next year. There'll be pressure to sell. BUT, What if it gets to $28-32 in the next Bull Run…there's the stress.
One dollar before halving. Count me in!
Thank you for your wonderful videos. I always watch your videos, I love how open minded you are about investing, I read an article of investors that made fortune within two months, so please I'd really love more tips and clues on how to outperform the market and make such gains.
what graphing tool is he using