ADA Projects and Roadmap to Consider a Long
ADA has a strong support at $1 area, which I think will hold if BTC decides to go further down.
Projects and Milestones/Roadmaps for ADA this year might bring more demand that can launch the price higher, I personally expect a new ATH for ADA this year.
Max (45B), Total (34B), and currently Circulating Supply (33.5B) of ADA can also be brought into consideration.
They are relatively small compared to other coins, which make it easier for ADA to rise in price, and harder to go down, if the demand supports.
In my opinion, Cardano is the safest investment among other coins, considering the volatility of cryptocurrency market.
In case it doesn't hold, I won't be surprised if ADA plummets to $3, as there is no strong support between $0.3 and $1.
If ADA reaches this point, I consider it a safe long entry, even with leverage (I strongly believe it will do a correction back above S1).
This is not a financial advice, it is simply my opinion.
Please do your own research before taking any action.
Projects and Milestones/Roadmaps for ADA this year might bring more demand that can launch the price higher, I personally expect a new ATH for ADA this year.
Max (45B), Total (34B), and currently Circulating Supply (33.5B) of ADA can also be brought into consideration.
They are relatively small compared to other coins, which make it easier for ADA to rise in price, and harder to go down, if the demand supports.
In my opinion, Cardano is the safest investment among other coins, considering the volatility of cryptocurrency market.
In case it doesn't hold, I won't be surprised if ADA plummets to $3, as there is no strong support between $0.3 and $1.
If ADA reaches this point, I consider it a safe long entry, even with leverage (I strongly believe it will do a correction back above S1).
This is not a financial advice, it is simply my opinion.
Please do your own research before taking any action.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。