Thursday, August 18, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Cardano

Here’s When Cardano Can Realistically Reach New All-Time High, According to Crypto Analyst Benjamin Cowen

by Crypto News
November 1, 2021
in Cardano
0
Here’s When Cardano Can Realistically Reach New All-Time High, According to Crypto Analyst Benjamin Cowen
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Carefully adopted analyst and dealer Benjamin Cowen is predicting a sensible timeframe for when Cardano (ADA) can hit new all-time highs.

In a brand new technique session, Cowen notes that Cardano has already pulled off practically an 11,000% acquire because the low of March 2020, and may have time to chill off earlier than making any extra rallies.

 

“It’s a fairly large acquire by ADA, so I believe it is sensible to consolidate for some time and wait till the ecosystem is definitely being utilized. Till then, till that truly occurs, I might speculate we’re kind of going to be in some consolidation part. Might we get a breakout again to $2.50 or $2.25? Positive, I believe that may at all times occur, however I’m not speculating dubiously myself on a brand new all-time excessive not less than for one more month or so… And it could possibly be longer than that.”

Cowen considers a extra bearish case the place ADA falls by way of the “bull market help band,” which is a mix of the 20-week easy transferring common (SMA), and the 21-week exponential transferring common (EMA). Ought to Cardano collapse under the bull market help band, at present round $1.90, Cowen says that ADA would most likely simply enter an extended accumulation part earlier than going larger.

“Hopefully it breaks out to the upside if Bitcoin stays comparatively bullish. So that might be the perfect case. Even when we don’t maintain the bull market help band, I nonetheless suppose it’s effective. I simply suppose we’d be in an extended reaccumulation, and hopefully, we’d nonetheless get away to the upside.”

I

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Comply with us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/Volodimir Zozulinskyi

Related articles

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

August 18, 2022
Cardano Investment Products Now Available to Clients of Major German Banks

Cardano Investment Products Now Available to Clients of Major German Banks

August 18, 2022





Source link

Share76Tweet47

Related Posts

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

by Crypto News
August 18, 2022
0

Cardalonia, the Web3 startup that claims to be “constructing the most important metaverse ecosystem on Cardano” lately reported some...

Cardano Investment Products Now Available to Clients of Major German Banks

Cardano Investment Products Now Available to Clients of Major German Banks

by Crypto News
August 18, 2022
0

Tomiwabold Olajide Cardano merchandise now obtainable to prospects of key German banks as blockchain equities noticed inflows of $8...

Cardano Metaverse Pre-Sale Achieved More than 70% Allocation

Cardano Metaverse Pre-Sale Achieved More than 70% Allocation

by Crypto News
August 18, 2022
0

Customers who invested a min of 7K $LONIA and 200 $ADA are eligible for the itemizing.Lower than 30% of...

Cardano [ADA] holders would find themselves happiest as…

Cardano [ADA] holders would find themselves happiest as…

by Crypto News
August 18, 2022
0

ADA’s value has soared up to now few weeks. Cardano’s coin has seen a 27.20% rise in its costs...

World’s First Multi-Token ISPO — By Genius X

World’s First Multi-Token ISPO — By Genius X

by Crypto News
August 17, 2022
0

Zug, Switzerland — August 17, 2022. Genius X, a revolutionary launchpad and enterprise accelerator serving to Web3 startups attain...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
First bitcoin. Then GameStop. Now tiny tungsten cubes

First bitcoin. Then GameStop. Now tiny tungsten cubes

October 29, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Decoding why EOS reversed stagnancy amid hard fork anticipation

Decoding why EOS reversed stagnancy amid hard fork anticipation

August 18, 2022
$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

August 18, 2022
CME Announces Date of Ethereum Options Launch

CME Announces Date of Ethereum Options Launch

August 18, 2022
Blockchain Investor Presents Master Plan for Crypto Recovery

Blockchain Investor Presents Master Plan for Crypto Recovery

August 18, 2022

Recent News

Decoding why EOS reversed stagnancy amid hard fork anticipation

Decoding why EOS reversed stagnancy amid hard fork anticipation

August 18, 2022
$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

$ADA: Latest News About Upcoming Cardano-Powered Metaverse ‘Cardalonia’ ($LONIA)

August 18, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News