ADAUSDT - Cardano could go lower
Hi Everyone
Update on Cardano:
Cardano was early to run during this bull cycle. Probably the second after Solana. Because these coins ran really early and hit their ATH's way before even Ethereum, I am analyzing them separately. The Fib method that we have been using so far to determine price targets do not apply to these two coins.
Personally, I think they have done their parts and their profits have been rotated into other markets HOWEVER they could still be dragged up a little with market euphoria.
To summarize - I'm not saying these 2 can't go higher, but if you are late to this bull run and looking to make a quick buck, these two coins might not be your best option for now (NOT TALKING about accumulation).
Have a great weekend
Ev
Update on Cardano:
Cardano was early to run during this bull cycle. Probably the second after Solana. Because these coins ran really early and hit their ATH's way before even Ethereum, I am analyzing them separately. The Fib method that we have been using so far to determine price targets do not apply to these two coins.
Personally, I think they have done their parts and their profits have been rotated into other markets HOWEVER they could still be dragged up a little with market euphoria.
To summarize - I'm not saying these 2 can't go higher, but if you are late to this bull run and looking to make a quick buck, these two coins might not be your best option for now (NOT TALKING about accumulation).
Have a great weekend
Ev
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SoftQuant Website
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