The price of Cardano (ADA) has rallied back to $2 on the eve of an announcement of when smart contracts will be released. With Bitcoin in a somewhat precarious position, we need to be a little bit more cautious since it's only marginally over the 20W moving average. With that said, as long as Bitcoin stays above the 20W moving average and does not go parabolic, we know that altcoins like ADA can continue to rally. Will the market be happy with the release date of smart contracts and send the price of Cardano even happy? Or will they be disappointed if it does not meet their expectations. TA Video by Benjamin Cowen.
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