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    CARDANO Bulls Ignited the Fuse! It’s HAPPENING EARLY…



    In this video, I discuss the recent impressive move in Cardano (ADA) and its potential for further growth. I delve into the significance of ADA’s weekly close above the 50-week moving average and draw parallels to previous market cycles. It’s worth noting that Cardano is currently ahead of where it was in the previous cycle, thanks to developments like Shelley staking, smart contracts through Alonzo, and improved scalability. I also analyze ADA’s daily chart, pointing out its overbought conditions but highlighting the possibility of a continued upside due to certain technical factors like moving average crossovers. However, I caution viewers to be prepared for a significant retracement in ADA’s price, possibly to around 29-30 cents, in the near future, as these types of pullbacks are common in bull markets. Ultimately, I emphasize the need for careful monitoring and analysis in this dynamic crypto market.

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    0:00 – Introduction and Overview
    1:15 – The Significance of ADA’s Weekly Close
    3:10 – Cardano’s Position in the Current Market Cycle
    4:45 – Analyzing ADA’s Daily Chart and Overbought Conditions
    6:30 – Potential Upside Scenarios for ADA
    8:15 – Cautioning Viewers About an Expected Retracement
    9:45 – Emphasizing the Need for Ongoing Monitoring and Analysis
    10:30 – Conclusion and Call to Action

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    *Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.

    *The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

    Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

    #crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin

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    20 Comments

    5. ths on

      You said you think that a ARV55H will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?

    6. TheGalaxyGlow on

      You know what going to spark this bullrun? It going to be massive adoption due to all the big players getting into ARV55H because people are afraid to dip their toe into something like that not adopted by big players like BlackRock ,

    7. chau dang on

      You know what going to spark this bullrun? It going to be massive adoption due to all the big players getting into ARV55H because people are afraid to dip their toe into something like that not adopted by big players like BlackRock ,

    10. Terence Gould on

      Dan could you do a similar video on XRP. I'd love to be able to sell and buy back in to increase my stack rather than keep using my limited money ? This before the real bullrun coming soon.

    11. V on

      Hi Dan! This is fantastic, but… Have you heard how MASSIVE Liqwid Finance is going to be in the near future??? 😃 (your daily reminder)

    13. Pedrook yureyyp on

      <<<The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…. stock,silver and gold)>>

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