In my latest video, I discuss the recent performance of various cryptocurrencies, focusing on Solana, AVAX, and particularly Cardano (ADA). While acknowledging the impressive gains of Solana and AVAX, I express a special interest in ADA’s progress. Despite ADA not performing as explosively as some other altcoins, I emphasize the importance of fundamentals over just price analysis. I have a macro mindset and value investing approach, which leads me to delve into the underlying strengths of Cardano, such as its first DeFi bull run and its growing total value locked, which I find more compelling than mere price movements.

    Additionally, I explore technical aspects like bullish divergence and RSI levels, suggesting ADA has room for growth. I also touch on the cyclical nature of altcoins, where different coins take turns in rallying. My analysis includes a look at ADA’s potential for a breakout in the short term, despite the possibility of further retracements. I conclude by reiterating my macro bullish stance on Cardano, driven by its strong fundamentals and promising developments within its ecosystem.

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    Intro 00:00
    Momentum 1:25
    Altcoins take turns! 2:30
    Cardano chain is exploding! 3:30ADA price analysis 7:35
    Careful of ADA falling 10:15
    Another leg up for ADA 11:30
    Why an ADA breakout would be big deal 13:30

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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.

    #crypto #cryptocurrency #cryptonews #cryptocurrency #cryptocapitalventure #blockchain #finance #stock #investment #crypto #altcoin

    41 Comments

    1. Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Kerrie Farrell’s trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.

    2. It really makes no sense comparing Ada defi to ETH. ETH was the first one to the scene and we are not the first one. That's why it is not relevant and we are far behind other chains.
      And I believe that Ada will pump but that will be when everything is exhausted and eventually the turn comes to pump Ada. It might hit ATH but we will experience downtrend the way we did the last pump.
      There is a reason why Kraken won't have it's Blockchain as side chain on Cardano, the same reason why Wyoming stable coin won't be on Cardano. It will all be built elsewhere. Cardano needs something of that magnitude to happen to attract more attention.

    3. Those Alt coins that are already surging now will stay stagnant next year…. And those projects that are GRADUALLY growing today are the ones who will be SURGING bullish next year. Just watch. 🎉❤

    4. Cip 1694, mithril 2.0, plutus v3, hydra, input endorsers, zkfold, service layers, and much more. Cardano is growing. They mock and make up misleading narratives while we build. Value investors see the grass roots movement alive and well in Cardano’s ecosystem.

    5. ADA is one of those crypto that looks very stale and also down the most during the correction years, but during the bull run, ADA is one of the most consistent all time gainers in both 2017 and 2021. There are only less than 15 coins that are able to beat their previous ATH, usually by 2-3X ATH and ADA is one of them.

    6. Can anyone tell me how I affordably buy low cap and micro cap coins that aren’t found places like Coinbase?

      I try to sign up for buybit and stuff like that but it wants me to kyc and I’m in the US.

    7. 0:20: 📈 Cardano has been seeing significant gains in the weekly charts, but there are concerns about its performance compared to other altcoins.
      2:54: 💰 Cryptos have consistent cycles where altcoins take turns pumping, making it important to understand the fundamentals of your investments.
      5:52: 📈 Cardano is consistently ranked in the top 10 cryptocurrencies with strong fundamentals, and the upcoming Midnight upgrade is expected to be beneficial.
      8:54: 📈 ADA could potentially mirror the recent movement of AVAC with short-term consolidation followed by an upward explosion, although caution is advised due to bearish divergence and overbought conditions.
      12:29: 💡 The speaker emphasizes the importance of remembering that we are still in the pre-Bitcoin halving phase and not yet in the bull cycle.
      Recapped using TammyAI

    8. Can’t wait for what’s going to happen After de having ! Would have liked to accumulate at the bottom…. But that is greed, so i’ll have to be thankfull for what i got. Thanks for your vids Dan! Keeps me grounded and thankfull

    9. Indeed: the need to speak negatively about other chains, putting Cardano down. Dan just loves Cardano, he is entitled and you dont have to listen. Negativity and feeling the need to drag others down is just a sign of a lot of small dicks in here!….bunch of sad mfrs!!

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