Cardano Long-Term: Crypto Strategic Reserve
Cardano grew by 18,352% between March 2020 and August 2021. The highest volume came in on the third wave and we ended with a truncated five.
Seeing this performance in the last bull-market, we can aim high. Instead of being too conservative and making the same mistake as always, aiming too low, let's aim higher because we know that Cryptocurrency has huge potential, it is new and young.
From current price to $10.5 we are looking at ~895% potential. From the August 2024 bottom to the same target we have some 3,770%. I think that with the current size Cardano has now such total growth might be reasonable, but the market is not reasonable. We don't know the meaning of a "Crypto Strategic Reserve." We don't know what it means, in turns of prices and numbers, many nations buying Crypto. We can end up with a bull-market that is hundreds of times stronger than anything we've seen before. In this case, all projections would breakdown and prices would go off the chart. I hope this happens.
Since we cannot predict the unpredictable nor calculate based on assumptions, let's go with what we have. What is the chart saying, what are the potential targets and how will the bull-market unravel. We want answers to those questions.
The targets are the ones seen on the chart.
The minimum target for a new ATH based on conservative and standard calculations would equal $4.86. Short-term targets that will be hit within the next three months go as follows: $1.33, $1.66, $1.83, $2.00, $2.22, $2.66 & $3.49.
A strong target and projection sits at $7.77 and a $10.58 is the next All-Time High if we have a great bull-market based on standard projections. The ultra-bullish scenarios we welcome and enjoy them if they show up but they are beyond this chart.
The main support range after the Trump Pump sits between $0.9116 and $1.0094. If it goes lower, we have $0.8138 but I don't think lower is possible. This is for support if the market decides to shake. Remember, it is a long bull-market so there will be plenty of time for volatility to show up. Whatever happens, remember the bigger picture; we are going up.
I always liked Cardano and I share many analysis and many charts so it is great to see that we have Trump's support. Our future is bright. If we are smart, we buy and we hold.
Don't just think about next year or next month, consider 10 years into the future, maybe even 20 years... Think of the big tech companies. One can become rich with one project, one coin. Just as the old people from the 70s and 80s. We are approaching the bull-market of a new generation. No limits now, no barriers, no filters; everybody can join.
Cryptocurrency, the stock market for the people.
Thanks a lot for your continued support.
Namaste.
Seeing this performance in the last bull-market, we can aim high. Instead of being too conservative and making the same mistake as always, aiming too low, let's aim higher because we know that Cryptocurrency has huge potential, it is new and young.
From current price to $10.5 we are looking at ~895% potential. From the August 2024 bottom to the same target we have some 3,770%. I think that with the current size Cardano has now such total growth might be reasonable, but the market is not reasonable. We don't know the meaning of a "Crypto Strategic Reserve." We don't know what it means, in turns of prices and numbers, many nations buying Crypto. We can end up with a bull-market that is hundreds of times stronger than anything we've seen before. In this case, all projections would breakdown and prices would go off the chart. I hope this happens.
Since we cannot predict the unpredictable nor calculate based on assumptions, let's go with what we have. What is the chart saying, what are the potential targets and how will the bull-market unravel. We want answers to those questions.
The targets are the ones seen on the chart.
The minimum target for a new ATH based on conservative and standard calculations would equal $4.86. Short-term targets that will be hit within the next three months go as follows: $1.33, $1.66, $1.83, $2.00, $2.22, $2.66 & $3.49.
A strong target and projection sits at $7.77 and a $10.58 is the next All-Time High if we have a great bull-market based on standard projections. The ultra-bullish scenarios we welcome and enjoy them if they show up but they are beyond this chart.
The main support range after the Trump Pump sits between $0.9116 and $1.0094. If it goes lower, we have $0.8138 but I don't think lower is possible. This is for support if the market decides to shake. Remember, it is a long bull-market so there will be plenty of time for volatility to show up. Whatever happens, remember the bigger picture; we are going up.
I always liked Cardano and I share many analysis and many charts so it is great to see that we have Trump's support. Our future is bright. If we are smart, we buy and we hold.
Don't just think about next year or next month, consider 10 years into the future, maybe even 20 years... Think of the big tech companies. One can become rich with one project, one coin. Just as the old people from the 70s and 80s. We are approaching the bull-market of a new generation. No limits now, no barriers, no filters; everybody can join.
Cryptocurrency, the stock market for the people.
Thanks a lot for your continued support.
Namaste.
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🚨 Long-term Success & Freedom Available Now! (Avoid Mistakes) —PREMIUM Channels 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.