In this video, I discuss the current trends and potential movements in the cryptocurrency market, focusing primarily on Cardano (ADA) and drawing comparisons with Solana’s recent performance. I analyze the daily and six-hour charts of ADA, highlighting its bullish potential and the need for caution given the current market dynamics. I observe ADA’s resistance and support levels, noting a 75 cent target out of a symmetrical triangle, and a possible downside to 41 cents. By examining Solana’s previous patterns, I suggest that ADA might follow a similar trajectory. I emphasize the importance of consolidation before hitting macro targets and caution about potential pullbacks and throwbacks. Additionally, I touch on short-term resistance and the significance of moving averages in the context of ADA’s price movement. I conclude by expressing my bullish outlook on crypto in general, while stressing the importance of being aware of overall market sentiment and prepared for various scenarios.

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    Intro 00:00
    Alton indicators 00:50
    Solana indicator helps ADA holders AGAIN 1:30
    Continued ADA consolidation 3:00
    .75 vs. .41 ADA price 3:30
    The bigger story 4:30
    What if crypto starts falling? 6:40
    Zoom out and pay attention to this 8:00

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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.

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    23 Comments

    1. I sold. Not because I don't believe in ADA, but because historically there's a capitalization event before the run. Had an average of .29 and looking forward to go even harder now once it touches .40 and below.

    2. Hi Dan,

      Hope it will not go back to 0.40 cent. I am so Bullish on CARDANO too. God bless

      Regards from Scotland
      Merry Christmas to you and your family in advance πŸŽ‰

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