Monday 24 May 2021

Cardano: Outperforming Many Coins

While the valuation of Cardano has dropped from the brief all-time-high close to $2.50 a few weeks ago, the fact that it is still holding onto its valuation from the the last couple of months before that is truly remarkable. Not only is the valuation holding so far against the USD, the valuation of ADA against ETH has actually been moving up! Of course, we know we are not out of the woods yet! We need to see Bitcoin break the downtrend to get some relief from the constant selling pressure. TA Video by Benjamin Cowen.