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ADABTC trade ideas

ADA/BTC potential breakout?Along with solid fundamentals such as the gougen update in March and potential exchange listings in February this year, Cardano ADA is looking to break a multi-year downtrend vs bitcoin. If we can break this downward trend line created in April 2019, this is, in my opinion a bullish indicator that we can break the 0.00002000 area and claim it as as support on a retest. I would then expect ADABTC make a big move upwards towards the 0.00004000 region after/during gougen update and exchange listings happen, before heading up to test all-time highs for ADA against BTC.
Long
by htradescrypto
2
Long Cardano’s ADA for +14%Over the past two weeks, ADA made impressive gains vs Bitcoin: +34% last week and +26% the week before. In USD terms, ADA has already made a new all-time high. Yet in BTC terms, it’s still far below the levels seen in the summer 2020 or March 2019 (let’s not even mention 2018…). We decided to check if the rally would continue and asked Cindicator’s Hybrid Intelligence the following question: “The cryptocurrency Cardano (ADA/BTC) settled at 0.00001019 BTC at 11:25 AM UTC at the Binance exchange on Monday, January 18. Will ADA/BTC trade above 0.00001171 BTC (+14.95%) earlier than trading below 0.00000867 BTC (-14.95%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 79% This means that Hybrid Intelligence believes there is still a high probability that ADA would continue to appreciate against Bitcoin before any major correction.
Long
by Cindicator
2
ADA price prediction: Sat value, BTC pump and smart contractsI think ADA could be one of the big winners this bull market. ADA is one of these projects that always had development on the first place, and marketing on the second. It's not hyped at all, and the technology is solid as a rock (read: scientifically proven). But, once smart contracts are live from March 2021. We'll see massive marketing from parties like PWC, which is a partner of Cardano Foundation. I've based my modest prediction on ADA reaching the same Satoshi value as previous ATH. First, and I think it's low, $2,91 per ADA could be achieved if 9000 satoshi is on the table. Second, a parabolic move of BTC to 6 figures could poor a lot of money into ADA at the end of the bull market; like seen in Jan 2018. Third, we need to take into account Cardano is going to launch smart contracts in March which could make this amazing platform skyrocket is value; all depending of course on how many new projects are created, and how many existing projects move from Ethereum to Cardano. Personally I think Cardano could reach $10,- or more in 2021, especially if the smart contracts become a success!
Long
by gonnabetya
2