Cardano is at the YTD open price, which we anticipate to act as a resistance. Technically price is also at a support / resistance structure, and the stochastic and RSI are both at overextended levels. Downside target: $0.70 Violated above: $1.40 Entry: At market.
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Why Cardano (ADA) Is My #1 Pick
We recently stated our upside bias for Cardano based on technical analysis, but why is Cardano our top crypto pick? Technology ADA currently processes around 300 transactions per second. The upcoming hydra update is set to massively increase transaction frequency. Each Hydra Node can process 1,000 transactions per second, and there are 1,000 such nodesContinue reading “Why Cardano (ADA) Is My #1 Pick”
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