TradingView
micah_trader
Jun 27, 2022 8:41 PM

Cardano's (ADA) 2021 Run was a 2.618 Extension of its Market Cap 

Market Cap ADA, $CRYPTOCAP

Description

Unlike XRP, Cardano's (ADA) 2021 run was NOT a retrace of its market cap. It was a new 2.618 extension of its prior market cap.

Does this put Cardano in more of a position to retrace its market cap during its next run (rather than set a new All Time High)?

Does this mean that ADA is less likely to run as hot during the next "Alt Season" when it finally arrives? (will it only retrace this instead?)
More