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BallaJi
May 10, 2023 7:05 PM

#ADA doomsday scenario cast! 

Cardano / U. S. DollarKraken

Description

Inherent in the risk of buying your favourite #crypto

is to watch fade into non- relevance

coupled with a non event #BITCOIN halvening which will happen one day!

Just throwing out a what if scenario for #cardano

those levels yielded a wonderful opportunity twice before,

could it be a third time?



Comments
SwallowPremium
Such an interesting pattern, keep it up champ.
Tristan73
To many coins are now staked, unless BTC takes big dump I doubt you will see these levels again.
BallaJi
@Tristan73, We have seen coins with high levels of staking (like HEX) retrace 97%. ... How is the network health doing? Any viral apps appearing?
Tristan73
I did a Fib retracement and the golden ratio is 10c US down to 6c so hopefully we see these levels......
BallaJi
@Tristan73,
Sounds fair value, for a generational bottom.
Pulsechain launching next week (apparently) ... I'm postulating it may cannibalize some crypto value ... from chains that are not. growing... Fantom, AVAX... maybe Cardano?
Tristan73
@BallaJi, Cardanos Relative strength has held up better than most during this bear market, So I think ADA still a great one to accumulate, CH seems to have a big following and getting bigger, people seem to trust him, plus they have good staking returns. Pulsechain will be worth a play, RH knows how to pump bags.
BallaJi
@Tristan73, I like Charles! Agree look at top coins , all have a strong leader a community can get behind. Satoshi, Vitalik, CZ, RH , Elon by proxy of Doge
Tristan73
@BallaJi, Have a look at vxv, small cap, revenue stream, some good partnerships, small mkt cap, i think this one could be a big bagger, down 99%, Kasian Franks is CEO.
BallaJi
Tristan73
@BallaJi, Could be a real bagger I think,
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