CARDANO Will SURPRISE Everyone! (What The Headlines AREN'T Telling You!)
In the midst of concerning headlines dubbing Cardano a "sinking ship," it's essential to turn our focus to the charts and the potential opportunities they reveal. Despite a recent pattern of lower highs and lower lows, there's a promising setup in the form of a falling wedge. History has shown that crypto news outlets frequently miss the mark, especially during bear markets, and their headlines tend to play on emotions. To truly understand Cardano's trajectory, we need to analyze its technicals. Currently, it appears to be forming bullish divergence on the RSI, mirroring a similar pattern from last year that led to a breakout. While short-term movements remain uncertain, there's strong potential for ADA to target the 20-week moving average, a crucial level for confirming a bullish shift. This move could happen in the next few weeks, potentially defying September's historical bearish trend, and it's an opportunity worth monitoring closely.
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*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.
*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
#crypto #cardano #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin
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