CARDANO Bulls Gear Up! (24 Hour ADA ALERT!)

In this video, I discuss the current state of Cardano (ADA) on the daily chart. While it might seem unimpressive at first glance, significant movements are happening. I explain why the next 24 hours are crucial and why I'm closely monitoring ADA. Despite negative opinions about ADA's performance compared to other cryptocurrencies like Solana, I highlight the bullish divergence on the ADA/BTC chart, suggesting a potential pivot. I delve into the technical details, emphasizing the importance of ADA closing above the 20-day moving average and the potential for a move to the 55-cent range. I also address the possibility of ADA testing the 200-day moving average and its implications. Ultimately, I'm cautiously optimistic about ADA's short-term prospects, while remaining prepared for potential downside risks.

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Intro 00:00
ADA/BTC bullish divergence 00:30
Big Cardano daily move 2:20
ADA move to .55 4:30
Pay attention to momentum 5:20
Bull confirmation starts here 6:50
Next 24 hours 7:40
ADA price could still fall to target 9:00

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*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.

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