Cardano BREAKOUT! ADA To SHOCK The Crypto World! [Video]

In this video, I discuss the potential for a bullish pivot in Cardano (ADA) based on the analysis of the weekly and daily charts. I highlight the positive momentum signals on the MACD and RSI indicators, suggesting that Cardano may be poised for a significant move to the upside, similar to its performance in the previous cycle. However, I also caution that the current market conditions, including the upcoming Federal Reserve rate hikes, could still lead to further downside for Cardano and the broader crypto market. I outline key resistance levels to watch on the daily chart, such as the 36-38 cent range, and emphasize the importance of tracking the data and anticipating various scenarios rather than relying solely on bullish feelings.

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Intro 00:00
Cycles of Cardano 00:40
Crypto could keep dipping 4:00
Key ADA price move on daily chart 3:30
Must be careful here 6:00
Why Cardano may be setting up a bullish move 7:15
Short term resistance must be broken 10:45
Bearish formation warning 11:30

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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.

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