ADA/USDT Chart and fundamental Analysis
تم تحديثه
This Cardano 4H chart is incredibly bullish.
However, due to the fact that we did not retest previous resistance as new support for quiet a while this could mean the next drop is a really big one.
Cardano is fundamentally very bullish because:
- The Shelley update in middle 2020 started the decentralisation of Cardano with staking opportunity.
- The upcoming Goguen Update in Feb/Mar 2021 adds the ability to build decentralised applications (DApps) on the Cardano blockchain. The first time when Cardano becomes a real plattform.
- Within the next two months Cardano will be fully decentralised as the IOHK foundation does not participate in the rewarding system anymore. So Cardano belongs to the community.
- Potential Coinbase listing.
- There is an All time high at 1.3$ at a time Cardano was basically speculation only. Now it becomes the main competitor to ETH.
Personally looking for 2-10$ within 2021.
Cheers
However, due to the fact that we did not retest previous resistance as new support for quiet a while this could mean the next drop is a really big one.
Cardano is fundamentally very bullish because:
- The Shelley update in middle 2020 started the decentralisation of Cardano with staking opportunity.
- The upcoming Goguen Update in Feb/Mar 2021 adds the ability to build decentralised applications (DApps) on the Cardano blockchain. The first time when Cardano becomes a real plattform.
- Within the next two months Cardano will be fully decentralised as the IOHK foundation does not participate in the rewarding system anymore. So Cardano belongs to the community.
- Potential Coinbase listing.
- There is an All time high at 1.3$ at a time Cardano was basically speculation only. Now it becomes the main competitor to ETH.
Personally looking for 2-10$ within 2021.
Cheers
ملاحظة
WowADA crushes the market.
Keep cheering.^^
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