Crypto analyst Ali MartinezCardano critic attacks 00:15 Cardano structure 5:15 Short term ADA targets 7:20 The Cardano chart that matters 9:30 Bullish scenario 12:40 pic.twitter.com/3BIWTmKYJj
— Dan Gambardello (@cryptorecruitr) January 19, 2024
The crypto analyst also drew attention toa structurethat he noticed in the four-hour timeframe. Based on the setup, which was playing out on the shorter-term scale, he hinted that the market was currently indecisive as ADA could either drop down to $0.36 or experience an upward move to $0.77.
Meanwhile, Gambardello looked to urgeADA holdersnot to be too concerned about the crypto token’s current price action as thingscould turn bullishin a twinkle of an eye. He stated that he wouldn’t still be concerned even if ADA were to drop below its current price level.
At the time of writing, ADA is trading at around $0.5, up about 2% in the last 24 hours, according todatafrom CoinMarketCap.
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