
Thursday, 2 September 2021
Cardano at $3
After years of waiting, the price of Cardano (ADA) has finally taken out the $3 milestone. With Bitcoin continuing its relatively strong move above the 20W SMA, the valuation of ADA has continued to shine. As long as Bitcoin is not in price discovery mode, and continuing to hangout 10-20% above the 20W SMA, we would expect the price appreciation by Cardano is more likely to continue than not. In this video we take a look at the price of ADA with respect to USD, Bitcoin, and Ethereum. TA Video by Benjamin Cowen.
