Predicting short-term moves for any asset is difficult, especially for assets as volatile as cryptocurrencies. With that said, let us take a data-centric view on the short-term price predictions for ADA based on its valuation against USD, Bitcoin, and Ethereum. We look at the extension of Cardano from its 20 week moving average, and compare its current moves with that of Ethereum from the last market cycle. ADA has been my primary hedge against Etheruem for years, and now the narrative is certainly playing out. Let us see how high the price of Cardano can go! 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.
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