Cardano Dan - Cardano Dan's Newsletter - Issue #172
Quote of the Day
― Joseph Brodsky I took a couple of days off from the newsletter. It was in the spirit of this quote. Christmas and New Years are a time that we get to spend more time with family and friends than normal. Take advantage of this opportunity! It is a big part of what life is supposed to be about. In The News
Cardano Updates
Technical Analysis / Price DiscussionCardano ADA has looked great over the last few days! It’s currently testing a level that’s been critical over the past 10 months. The last time Cardano ADA broke through this level, it saw more than 100% gains in less than a month. That was when people were anticipating the launch of smart contracts. Now smart contract adoption is here and we’re about to see DeFi brought to life on Cardano. On the flip side, ADA has to contend with breaking through the 50D and 200D EMAs and some larger downtrend resistance, along with tapering and expected interest rate increases. When I consider all the factors, I continue to like ADA’s chances of moving higher in a continued bull market. Need to break through $1.50 and reestablish it as an important first step towards that becoming reality. This newsletter is for entertainment and educational purposes. I’m not a financial advisor and you should do your own research and consult a financial advisor before investing in cryptocurrencies. If you liked this post from Cardano Dan’s Newsletter, subscribe to get it 4 times a week! |
Older messages
Cardano Dan's Newsletter - Issue #171
Thursday, December 23, 2021
Purpose
Cardano Dan's Newsletter - Issue #170
Monday, December 20, 2021
A Loophole
Cardano Dan's Newsletter - Issue #169
Sunday, December 19, 2021
Greatly Exaggerated
Cardano Dan's Newsletter - Issue #168
Friday, December 17, 2021
Mighty Trunk
Cardano Dan's Newsletter - Issue #167
Wednesday, December 15, 2021
Secret of Freedom
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