So I recently posted a analysis which showed the last short term price pump before ADA came back down to retest the 50% fib level which is incredibly bullish for this on going uptrend. I believe with in the neXt few days we should be seeing a new ATH now that we have retested the 50% level we can safely head back up to retest the previous ATH & most likely go back into price discovery / new ATH for the 2ND quarter of 2021. If you are not aware ADA is currently the largest most widely adopted proof-of-stake platform in the entire crypto space on a global level. ADA / Cardano will in my opinion replace cryptocurrencies that are currently on the old proof-of-work algorithm due to high energy consumption and global warming from the warehouses upon warehouses of mining rigs! SOOOOOO if you have yet to pick a project to truley believe in then I would look into CARDANO for it's bleeding edge blockchain technology that is actually going to make a difference in the world today!
THIS IS NOT FINANCIAL ADVICE PLEASE DYOR WHEN INVESTING IN ANYTHING IN THE CRYPTO SPACE!!!
HAPPY TRADING EVERYONE <3
Drop a like & hmu in the comment section below if you have any opinions or questions related to the topic!
Thank you & have a great trading day!!
THIS IS NOT FINANCIAL ADVICE PLEASE DYOR WHEN INVESTING IN ANYTHING IN THE CRYPTO SPACE!!!
HAPPY TRADING EVERYONE <3
Drop a like & hmu in the comment section below if you have any opinions or questions related to the topic!
Thank you & have a great trading day!!