In this video, we’ll discuss the current state of the crypto market, focusing on Cardano (ADA) and its recent developments. ADA is on the verge of putting in a higher high on the weekly chart, signaling a potential shift from a bear cycle to a bull cycle. However, we should be cautious due to the 200-week moving average resistance, overbought weekly RSI, and potential consolidation on the daily chart. The hourly chart shows a possible head and shoulders inverse pattern targeting 65 cents, but ADA could also consolidate around the 60-61 cent range and fall back to the 20-day moving average at 42 cents. Despite short-term obstacles, the Cardano ecosystem is thriving, with many projects gaining against ADA even when ADA is consolidating or falling against USD, presenting opportunities for gaining ADA in preparation for the next cycle.
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Intro 00:00
This move took years 00:25
Caution and current resistance 1:50
Cardano daily price structure 4:30
Zoomed in bullish price targets 6:45
Downside ada price targets 8:10
Cardano ecosystem 9:30
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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.
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32 Comments
AMAV99X has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but thats fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygens next raise as I also look at their new partnership
10x with AMAV99X anyway
I already converted all my ETH to AMAV99X, now I feel like moving all my BTC to ADA as well.
AMAV99X, ETH, and more would be great.
Well see about that. I dont mind to see the crash. I just hope Ill have a lot of USDT to buy more AMAV99X live presale.
AMAV99X
should you sell a little of AMAV99X when you start to make a profit or just hold?
We will rise with AMAV99X and Matic!!! Just HODL
AMAV99X simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
I already converted all my ETH to AMAV99X, now I feel like moving all my BTC to ADA as well.
Well be going to the bottom within 6-9 months. For now, DCA-ing bi-weekly with 21usd in AMAV99X /BTC and monthly 21 in CRO.
I agree 100% BTC AMAV99X MATIC
Hell yes $ AMAV99X. Going to have a huge Q4
Any thoughts on AMAV99X ? its the best thing since slice bread.
I see retracement of the whole crypto market like the last cycle. Best example BTC, it retraced to 0.618 fib even before the corona black swan so i expect similar. 0.618 for BTC is bellow 30k. ADA will pull back probably in 0.2x range and then continue up or if BTC falls stronger then we can expect new bear market lows for ADA.
I just hope we hold until pay day
Why is AMAV99X doing so well? That is concerning to me.
if AMAV99X can grow organically like that they will dominate that industry
AMZ to the moon
AMAV99X Saved me after the FTX Crash
AMAV99X Saved me after the LUNA Crash
My life feels fixed after horrible markets but AMAV99X is the one I believe in!
Dude, I keep getting a bunch of crypto scam ads before your vids.
I’ve noticed that a lot of the YouTuber’s that disappeared during the bear market and all the negativity surrounding ADA are starting to surface again with all their crazy predictions. Crazy how they only support ADA when it starts moving in a positive direction. Highs or lows I’ll always be bullish.
Keep up the good work. God bless you.
Thanks Dan
Ada 🐳🚀
Dan you should do a TA video on ADA vs the ecosystem see if you can find some good correlations or something.
Ada run to 8usd ✈️🐳
How much ADA do you hold, Dan?
ADA new highs looks like around .90 soon
Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market… can anyone help me out or at least advise me on what to do