ADA - Make or Break time
ADA has a huge ways to go for recover in context of its ATH. Some of these alts have recently put in their bottoms, and Cardano looks like it may be establishing its own. On the other hand, there is a case for a bearish flag forming. With major developments like Shelly coming later in the year, this may have more room to fall due to higher interest elsewhere. This project has a bright future ahead of them, but they like to take their time. Since their mainnet isn't even out yet to the general public, I could imagine it hitting new lows. However due to macro conditions, as Bitcoin moves sideways for a bit in the near term, retail investors will look for alt coins to make trades. I will be looking to buy the breakout. Not advice.
God Bless and Jesus Saves.
God Bless and Jesus Saves.
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