Cardano

<p><strong>Crypto Capital Venture, a popular YouTube channel with over 330k subscribers, has shared some optimistic views on Cardano’s ADA recently.</strong></p>
<p><em>“I want to discuss what this means for institutional investors flowing into Cardano. The time is coming; it is approaching,”</em> said the channel’s host. He believes that with the introduction of new crypto sector indices, the door could soon open wide for major institutional exposure to ADA.</p>
<p>ADA has been struggling to regain momentum after the crypto downturn last year. <em>“The weekly chart is important to me… the 20-week moving average is huge for Ada,” </em>the host explained. <em>“It’s still been a story of Ada trying to get back above the 20-week moving average.”</em></p>
<p>If ADA can break decisively above this key resistance level, it could be a major bullish signal. <em>“If Ada can actually break above the 20-week moving average in this red rectangle, it will also, similar to Bitcoin, be kind of diverging in a power move away from the last cycle,” </em>he noted.</p>
<p>The host acknowledges ADA’s tendency for long periods of consolidation followed by explosive moves. <em>My view on <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> is Cardano can be frustrating at times, but when it performs, it comes out of nowhere, and it absolutely explodes,”</em> he said.</p> <iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/3RsiuE5FpV4?si=s123hI6KRrS_kmP_" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
<p>Currently trading around $0.28, ADA is up 13% over the past week. If it can push above the $0.30-$0.31 resistance zone, that could spark the next leg up according to the host.<em> “If Ada can make its way to the 30-31 cent area of resistance at the 200, can we break above that and start getting a continued bullish move for Ada?”</em> he pondered.</p>
<p>With increasing institutional interest and technical signals potentially turning bullish, ADA could be gearing up for major upside according to this popular crypto analyst. <strong>The coming weeks will be pivotal </strong>in determining if Cardano’s native token can break out of its long consolidation phase.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/cardanos-ada-faces-pivotal-weeks-when-it-performs-it-comes-out-of-nowhere-says-top-analyst-heres-his-outlook/">Cardano’s ADA Faces Pivotal Weeks, ‘When It Performs, It Comes Out of Nowhere’ says Top Analyst – Here’s His Outlook</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Cardano’s ADA Faces Pivotal Weeks, ‘When It Performs, It Comes Out of Nowhere’ says Top Analyst – Here’s His Outlook

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