Cardano consolidating 4hr
Cardano could be considered one of the hottest crypto's on the market. Over the last few months it's hit a few milestones.
Knowing this we've seen Cardano remain resilient throughout these recent market sell-offs. We continue to see higher low's on the 4hr chart along with some sideways action and low volume (Accumulation).
I do not have a particular target date for when Cardano will break up but I will be monitoring the Sundaeswap ISO announcement (supposed to be within the next day) and see if there is any correlation between their announcemet and ADA price action.
- Staking went live along with full decentralization
- Coinbase and Coinbase Pro added it thus giving it more mainstream exposure
- The Ethiopia deal was confirmed (coindesk.com/from-paper-to-cardano-blockchain-iohk-in-ethiopia)
- SundaeSwap ISO is getting a date and time for their "Initial Pool Offering" where users can stake their ADA for Sundaetokens to power their Defi Exchange (similar to Uniswap)
Knowing this we've seen Cardano remain resilient throughout these recent market sell-offs. We continue to see higher low's on the 4hr chart along with some sideways action and low volume (Accumulation).
I do not have a particular target date for when Cardano will break up but I will be monitoring the Sundaeswap ISO announcement (supposed to be within the next day) and see if there is any correlation between their announcemet and ADA price action.
ملاحظة
Needs more volume 
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.