Monday 3 May 2021

Cardano: Healthy Consolidation

While it can be frustrating to watch the price of Cardano (ADA) move sideways for so long, remember that these are important stepping stones in a bull market. Moving up too quickly without some type of consolidation phase like we did back in 2017/2018 is much more likely to lead to massive drops. Re-accumulation phases are key to the health of the bull market for ADA. In this video we take a look not only at the ADA valuation against USD, but also against Bitcoin and Ethereum. TA Video by Benjamin Cowen.