Tuesday 20 October 2020

Cardano price establishing a new normal

While the valuation of Cardano (ADA) decreased some over the last several months, it has started forming a level of support around $0.10. This may not seem that impressive, but considering that it was trading at $0.02 not that long ago, building out a support level at a valuation 5x higher is actually quite impressive! In this video, we take a look at the valuation of Cardano against USD, BTC, and ETH, and try to understand how these various coins move against each other. TA Video by Benjamin Cowen.