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?
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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? 👀
I want to believe the graph, but it looks like it is taking a dip...
Znorro
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@uncoined, no shit haha. It plummed quite a bit. I am waiting for the huge uprise but I would have expected it already..
uncoined
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@Znorro, ditto lets hope it rises!! Fingers crossed! I liked the graph though :)
Znorro
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@uncoined, graph looks awesome indeed. Probably next time use a coinbase pro account and do a high sells and immediate rebuy. This way compounding some nice amounts of ADA..Lessons learned.
djaanos
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Just bought another bag of ADA. Let’s indeed hope for those upsides :)