Predicting short-term moves for any asset is difficult, especially for assets as volatile as cryptocurrencies. With that said, let us take a data-centric view on the short-term price predictions for ADA based on its valuation against USD, Bitcoin, and Ethereum. We look at the extension of Cardano from its 20 week moving average, and compare its current moves with that of Ethereum from the last market cycle. ADA has been my primary hedge against Etheruem for years, and now the narrative is certainly playing out. TA Video by Benjamin Cowen.
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