Sunday 13 September 2020

Cardano: Back in re-accumulation mode?

Cardano saw a huge surge in price in 2020, but has recently retraced a bit. Now with Bitcoin hovering right above the 20 week moving average (MA), it leaves accumulating altcoins at high risk. With ADA below $0.10, is it time to re-accumulate? Or should we base our decision on what Bitcoin does? In this video, we break down several different scenarios, and what you can expect from ADA in the comings months. TA Video by Benjamin Cowen.