This Cardano 4H chart is incredibly bullish.
However, due to the fact that we did not retest previous resistance as new support for quiet a while this could mean the next drop is a really big one.
Cardano is fundamentally very bullish because:
- The Shelley update in middle 2020 started the decentralisation of Cardano with staking opportunity.
- The upcoming Goguen Update in Feb/Mar 2021 adds the ability to build decentralised applications (DApps) on the Cardano blockchain. The first time when Cardano becomes a real plattform.
- Within the next two months Cardano will be fully decentralised as the IOHK foundation does not participate in the rewarding system anymore. So Cardano belongs to the community.
- Potential Coinbase listing.
- There is an All time high at 1.3$ at a time Cardano was basically speculation only. Now it becomes the main competitor to ETH.
Personally looking for 2-10$ within 2021.
Cheers
However, due to the fact that we did not retest previous resistance as new support for quiet a while this could mean the next drop is a really big one.
Cardano is fundamentally very bullish because:
- The Shelley update in middle 2020 started the decentralisation of Cardano with staking opportunity.
- The upcoming Goguen Update in Feb/Mar 2021 adds the ability to build decentralised applications (DApps) on the Cardano blockchain. The first time when Cardano becomes a real plattform.
- Within the next two months Cardano will be fully decentralised as the IOHK foundation does not participate in the rewarding system anymore. So Cardano belongs to the community.
- Potential Coinbase listing.
- There is an All time high at 1.3$ at a time Cardano was basically speculation only. Now it becomes the main competitor to ETH.
Personally looking for 2-10$ within 2021.
Cheers
Nota
WowADA crushes the market.
Keep cheering.^^
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.