In this video, I discuss the significant breakout of Cardano (ADA) to the upside, which is a crucial development in the cryptocurrency market, especially as someone who has been closely covering ADA and the crypto industry during this bear market. This breakout represents a multi-year move that is unfolding in real-time, signaling a potential shift in the cycle for ADA and the beginning of a bull market. I compare ADA’s current movement to Solana’s previous breakout and note that while ADA often takes longer to react, it is now showing a similar pattern of entering an overbought phase. I emphasize the importance of this move, particularly as ADA attempts to pivot from the bear to the bull market, marked by the creation of macro higher highs. I also highlight the parallels in ADA’s current trajectory to its past patterns, specifically in relation to the Bitcoin halving cycle. Additionally, I examine ADA’s performance against Bitcoin (BTC), noting the potential early signs of a bull market. The video concludes with an analysis of ADA’s current position, suggesting that while there is still room for consolidation and pullbacks, the overall trend appears bullish, marking the start of a new cycle in the cryptocurrency world.
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Intro 00:00
Cardano leading indicator did well 1:00
Why this ADA move is important 4:00
Look how consistent ADA is! 8:00
Cardano daily looking great 9:00
Short term price movement 11:00
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19 Comments
This bro donβt miss, cardano just broke 50 cents like nothing
Dan gonna wake up happy with ADA at $0.51
How is this scamming t.w.a.t. still relevant?
53 cents baby, where all those bears at
Yes!!!! ,, the monster despertΓ³ !!!! π
0.52
0.529 cents is crazy
I went to bed early and woke up to an almost 53 cent ADA ππ₯°
Iβm trying to watch these on x if you can post to both please. π Thanks
Finally ADA ππππ
Thanks Dan for your great analyses
ADA is only half the market price of XRP. More room to the upside for ADA.
Why would you buy Ada at 95RSI on weekly
Cardanoπππ Go To ATHπππππππππ
Ive been looking at the charts, and I see the trent lines ur showing but if u look at it more i see either a slight rising channel / wedge …this is just a fake out, we are 7-12 months early still.. this happens every time, i see the same patterns on eth other alts.
Was hoping for .50 ada by xmas. Nice to see it getting some strong legs this early in the upcoming bull cycle.
Hey Dan please if you can answer, i have couple hundred xrp, should i exchange it with Ada? π
Dan, Have I told you lately that I Love You!! ππ
Wait till you wake up and see the charts⦠wow im loving life lol