In the whimsical world of crypto, where the unpredictable is the only predictable, our dear analyst CobraVanguard has spun a fascinating tale. He’s suggesting that if Cardano‘s current price wedge goes kaput, we might never see ADA at the meager sum of $0.8 again. π
Oh, and in case you missed it, the US SEC finally acknowledged Grayscale’s Cardano ETF filing. It’s like the SEC finally remembered it had a ‘Crypto’ folder in its email and decided to check it. This move could potentially make ADA the belle of the crypto ball. π
But hold your horses, because as of now, ADA is taking a nap below the $0.8 mark. It’s like it’s saying, “Just kidding, I’ll hang out here for a bit.” But CobraVanguard is all, “Nah, this is a great time to buy, folks!” ποΈ
Now, crypto analyst CryptoBusy is waving a red flag, noting that ADA is hanging by a thread at its 0.5 Fibonacci support level. If it slips, it’s straight to the $0.618 price level. It’s like ADA’s on a trapeze without a safety net. π€ΈββοΈ
But fear not, because crypto analyst Sebastian is here with a megaphone, shouting about an impending “mega bounce.” He’s essentially saying, “Now’s not the time to sell, folks. You’ll regret it when you’re watching ADA moon from your living room.” π
Last but not least, Ali Martinez is eyeing the critical support zone between $0.67 and $0.80. As long as ADA stays there, it’s like it’s got a VIP pass to the bull run party. And who knows, it might even hit $3.10 and go, “What all-time high?” π
As I write this, the Cardano price is hovering around $0.65, down over 12% in the last 24 hours. It’s like ADA’s having a sale, but nobody told the customers. ποΈ
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2025-02-25 20:47