Cardano Bullishness Like Never Before
The chart does not need much explanation: there is a bullish RSI divergence, with ADA’s price holding strong against BTC each time the whole market declines against BTC. This suggests that ADA might already found the deep, similar to the vibes of 2021. The only concern is the lower volume compared to the last cycle.
Fundamentally, the Chang hard fork is coming to Cardano in the coming weeks, which aligns perfectly with the anticipated long term technical analysis.
The Chang hard fork will introduce on-chain governance for the community, along with capabilities such as ZK proofs on the first eUTxO model blockchain in the entire space (as far as I know).
These are very exciting times for Cardano. We will see how it plays out!
Fundamentally, the Chang hard fork is coming to Cardano in the coming weeks, which aligns perfectly with the anticipated long term technical analysis.
The Chang hard fork will introduce on-chain governance for the community, along with capabilities such as ZK proofs on the first eUTxO model blockchain in the entire space (as far as I know).
These are very exciting times for Cardano. We will see how it plays out!
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