CandleFocus Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally
2024-09-06
Author: Content Editor
Cardano (ADA) has caught attention not only for its recent price increase but also for its projected surge. Analyst Dan Gambardello predicts that ADA could rally a massive 1,000% against Bitcoin, based on a bullish divergence pattern similar to one seen in 2020. However, overall market sentiment for Cardano remains conservative, with the Fear & Greed Index showing extreme fear. While the current environment doesn't inspire much confidence, Gambardello's technical analysis suggests a possible breakout. Investors are left to decide whether to be cautious or wait for more convincing proof of ADA's next move.
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