djaanos

Cardano | Coinbase Pro Effect

Long
djaanos Updated   
KRAKEN:ADAEUR   Cardano / Euro
Cardano is surging and has the potential to break some crazy targets. Especially when the exchange Coinbase Pro announced to list $ADA on its platform. Since then, $ADA price jumped 30% + and is as of this moment looking very bullish. Trading at Coinbase Pro will begin in about an hour, which could lead into a great bull rally. But besides the Coinbase Pro announcement, its own ‘Mary’ upgrade from about two weeks ago transforms $ADA into a multi-asset network, which removes the need for ERC-20 smart contracts with its high transaction fees. Plus, don’t forget that $ADA is now the third-largest cryptocurrency by market cap according to CoinMarketCap.com 🔥 What do you think will happen?
Comment:
Cardano’s price was $0.20 – $0.40 higher on Coinbase Pro than on any other exchange. Traders who moved their bags of $ADA to Coinbase Pro were able to take advantage of these high rates, which resulted into a sell-off. Since then, $ADA recovered a bit with a possible rounding bottom pattern on the shorter timeframes. What’s next? 👀

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