Cardano 2025 Bull-Market Accumulation Zone Revealed

٤ أغسطس

This is a very interesting opportunity, the silver lining.

➖ Cardano is loosing ground, but we are here long-term.
➖ Cardano is undergoing a major correction, but the entire Cryptocurrency market is going through the same.
➖ Cardano is a great project, and so, we have to focus on what will happen next.

👉 Since a major support level is lost, in the form of 0.786 Fib. retracement, we can expect ADAUSDT to move back to its long-term support. This is the same level that supported Cardano back in October 2023 and January 2023; this level is marked on the chart as "accumulation zone."

👉 This is likely a good range to accumulate for long-term hold; the strategy is simple: load up as much as you can in the remaining of 2024, then wait for 2025. When the new All-Time High is in, that's when we take profits and enjoy.

Patience is key.

Namaste.