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Cardano (ADA) Not Ready For Any Kind Of Parabolic Move Yet

Cardano (ADA) Not Ready For Any Kind Of Parabolic Move Yet

Community Trust ScoreVerified

83%
Real
Verified35 votes
Updated 4 years ago

Dan Gambardello shared: Cardano wants that parabolic move so bad ADA.

Community Response:  It’s up $0.15 in the last 3 days. Let’s not talk about any parabolic move yet. Especially, in the face of how ADA bled in the last 3 months.

Hey Dan! My 2022 estimate is $27. what are you thinking?  Can’t use that one indicator alone. It was at the top at $1.20 in July, before ADA ran to $3.00.

What’s the TA upside target? To Infinity and Beyond.

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Brother, I hope you are at least one-time correct bro. Just one-time. If you are correct. I will donate 100 ADA to charity.

If the daily candle closes above the 20EMA. I think we’re going to see that parabolic move.

And we, Cardanians, are ready for that.  It’s not like Cardano is not going to bring returns to the investors. It’s about the opportunity cost of not investing in stronger projects link Avalanche or Polygon. At some point, you have to admit it. ADA is overvalued and you made a bad investment.

And volume has ticked up as well. Not a ton, but better compared to recent moves.  Very encouraging.

Cardano has since been recovering from the dip nicely. As from here, everything is looking really bullish for ADA. If it continues this upward movement, it might just have another ATH in days or weeks to come. Well, let’s see what happens from here.

I love how you simply ignore the head and shoulders on the weekly RSI. Not a single Cardano Youtuber will mention it.  I wonder why.  The RSI might need to cool off first.

ADA needs more DApps and faster transactions, then we can talk $27+ next year.

Such boring cryptocurrency. No proven track record – all speculation.

Too bad, it has 32 billion tokens or it would 1.30 to 1.50.  Would not excite me.  Long term holder though and I agree with mistakes here. They need to get stuff working like AVAX and SOL.

When we have a successful DEX launch that works well plus a stable coin, then we can talk about parabolic moves. Until then there’s no good reason, we should be going parabolic. There’s a lot of NFTs on Cardano, but that’s not enough unless there’s some new hype/speculation.

I believe Cardano has to capture all the liquidity first before the big move upwards.  Nope. Because as soon as it moves. We all sell our staking gains.

Even sweeter, go look at the ADA/ETH pair. I saw it diverging a couple days ago, and it moved some of my ETH to ADA. Great decision.

Dan, have you ever tried “CDC action zone indicator” yet? Once, it has a buy signal (Green spot) happened on ADA/BTC chart, The parabolic move always happens.

Wait did I miss the memo? Does Cardano do anything yet? Oh, Oh.

Cardano is a long play. If you are in it for quick profits, you are in the wrong place. I feel like some of you need to read this and understand.  Because your such an empty channel.  It wouldn’t even be hard.

Only move ADA.  It deserves a dump to 0.  Too early to tell and you cannot depend only on one lagging indicator.

Cardano needs a working product before anything happens.  Been so comfortable holding / accumulating $ADA (and $COTI) for the past year. Red or green – doesn’t bother me short term – Cardano is great. Loving your updates/content too.

Then you are an idiot, if you don’t bother about short term. In 2018 ADA was $1.2, now $1.3.  Will this the benefit you get for long term? Find better projects which give huge profits both in short-term and long-term.

 

 

 

Community Trust IndexHigh Confidence
83%
Real
Real83%17%Fake
35 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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