It is time to dive back into our logarithmic regression chart for Cardano! Cardano’s native token ADA has been on one crazy journey over the last year, with price appreciating from less than $0.02 to not chilling just above $1.20. We take a look at the logarithmic regression chart for ADA and discuss the implications of this chart it light of Bitcoin logarithmic regression lessons. Afterwards, we also discuss the valuation of ADA against Bitcoin and Ethereum to identify theoretical limits based on the last market cycle. Where do you think the price of Cardano is headed? Let me know in the comments!
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Disclaimer: The information presented within this video is NOT financial advice.