CARDANO & Crypto FALL! PREPARE for This NOW!
In this video, I delve into the current state of Cardano (ADA) on the daily chart, addressing the understandable frustration among ADA holders due to its stagnant price movement, particularly when compared to Bitcoin’s progress. Despite ADA’s price lingering around 45 cents since December, I highlight Cardano’s impressive performance over Bitcoin in the past four years, with an 800% increase since the last Bitcoin halving, outperforming Bitcoin by 200%. This serves as a crucial point, emphasizing Cardano’s growth potential and the significance of Bitcoin halving as a pivotal data point for analysis. I also celebrate Cardano’s recent accolade as the best layer-one solution for 2044, underscoring the Cardano community’s strength and the project’s technological advancements, including its security, scalability, and decentralization features. Moreover, I touch upon the potential for Cardano to revolutionize governance with the upcoming Voltaire phase. Despite the current price challenges, I remain confident in Cardano’s future, attributing the temporary setbacks to broader market conditions and the cyclical nature of cryptocurrencies. I conclude by discussing potential downside risks and the indicators I’m watching for a potential reversal, stressing the importance of patience and a long-term perspective on Cardano’s growth trajectory.
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Intro 00:00
ADA holders frustrated 00:15
Cardano price and Bitcoin 1:00
Big Cardano win! 2:00
Cardano is extremely unique 3:15
Cardano price and charts 5:50
Downside target 9:20
ADA reversal clues to watch for 12:00
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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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