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ADABTC

ADA: $275 BIL. MARKET CAP---HERE WE COME!Hello Traders, Alright, there been a total of three new exchange listing for ADA this week. We have a lot of reasons to be excited about Cardano and the path it's headed down. I don't personally think the stimulus bill will play that big of an effect on ADA, definitely not enough to lead us to the $275 Bil market cap but it can't hurt. No, I think we will see a huge push to the $8+ range once, it's officially added to some of these larger company portfolios and institutional investors. Greyscale seems to be the leader for institutional funds in the crypto world for adding Altcoins to their portfolio, unlike MicroStrategy. Over the next 6-12 months, I think it is highly possible that we see Cardanos market cap break above the $100 Bil. range and then a slower creep up to the $200 Bil. and so on. Technicals are showing an inverse Head and Shoulder Pattern and a cup and handle pattern on the monthly chart. Mix this with very strong fundamentals and we have a great recipe for short-mid term success. Good luck!
Long
by MarkStPeter
2
Cardano may be heading up again! $ADA www.tradingview.com Listing on the Coinbase Pro has made $ADA jump and regain its trend line. If the trend line support holds (which, personally, I think it is likely to) then I am expecting $ADA to reach $1.70ish level by mid-April or thereabouts. Of course, this is assuming that $BTC and the overall crypto market remains stable and that there is no negative news on $ADA in the meantime that could lead to a price drop. Just my opinion. Please do your own DD before investing!
BINANCE:ADAUSDLong
by Big_O_growth
1
Cardano (ADA) Bounces Off EMA50, Looks Good!Cardano (ADABTC) is showing a very strong bounce after hitting EMA50, the retrace might be over. Notice the low volume as the prices drop and the increase in volume as prices bounce back up. The green volume bars are much bigger, the bulls are still around. The MACD went below zero and is now starting to curve up. The RSI already moved back above 50 and is now looking strong. ADABTC can resume growing here, the next target is marked on the chart. Note: Moving and close below EMA10 daily would lower the bullish strength we are currently seeing on this chart. Thanks a lot for reading. Namaste.
by AlanSantana
13
Support areaHi everyone, I hope you are doing well. After this short consolidation we can see that we have reach a very big support on the ADA/BTC pair. This area is a part of the previous resistance from April 2019 and was also a support in various occasions in 2018. The 4 hrs oversold as the 6 hrs and almost the 12 hrs are confirming the bias that we will hold this strategic position. In case we don't hold it, we should see a test of the EMA 200 at the daily (arround 1200 sats) and a clear weekly consolidation. This would be short term bearish for ADA/BTC and very unlikely if we consider the investors sentiments, the fundamentals and the positives news coming during the next months. Anyway the market could be affected by bitcoin going down as a Black Swan event. Daily Weekly In case our bullish bias is validated we will probably see a green hammer on the daily today and forming a good output for the week-end in general. I expect a close between 1945 and 1970 sats placing the trend over the EMA 12 at the 3D (I don't have the image sorry) to perfectly create the conditions to start a bounce and the rejection of the bear cross of the EMA 12 under the EMA 26 at the daily. Nevertheless we need to be careful with the 3D that is still in a zone that could trigger a weekly consolidation heading for 1630 sats. Everything let us believe that April would be very bullish for Cardano with a potential bull cross on the monthly. Monthly About the resistances we can see a dynamic resistance (in red) that give us information to when to consider a possible test of the historical resistance at 4190, one of the last major stone before thinking to see ATH. More information will be available once we break our local high at 3200 sats and the dynamic resistance. In case we hit 4190 sats very fast, we should expect a correction between 40% and 55% to cool off the monthly and weekly rsi.
Long
by khundar
Cardano Boppers 34 The Cardano breakout on Bitcoin has barely begun, I'm not worried about touching this investment, please hold your ADA bags forever. I'm more interested in Bitcoins 100k challenge. Watching ADA on the bitcoin means our breakout could occur in a BTC crash ! Or totally not, I have a few and hope 100 thousand price is accepted this year. Cardano has the potential to multiply regardless, but drop your philosophy in the comments :) PS: The American Stimmy just passed cost more than the total crypto market-cap.
Long
by trentonscoleman