Top Analyst Predicts Cardano Rally Imminent in Breakout Against Bitcoin

Top Analyst Predicts Cardano Rally Imminent in Breakout Against Bitcoin


Popular trader Kaleo thinks Cardano (ADA) will hit all-time highs soon.

The pseudonymous analyst tells his 316,800 Twitter followers that ADA is on the cusp of reversing a long-term dip against Bitcoin’s price, one that dates back to 2018.

 

Trending: 8 BOXES REMAIN – Hand Recount Nearly FINISHED – HUGE Discrepancies Expected – NO BALLOTS = NO VICTORY

“ADA/BTC has nearly completed an entire move back to its recent highs from the dip. Should expect to see new highs soon.

After the BTC pair breaks out, a move back to $2+ and new all-time highs should follow.”

Source: Kaleo

Cardano is trading at $1.72 at time of writing and is down nearly 2% on the day, according to CoinGecko. ADA is up more than 13% in the past two weeks, however.

Kaleo is also bullish on Bitcoin.

“Nothing has changed big picture. I’m still confident we’ll see $100,000+ this cycle.

The accuracy of this chart from early 2019 still

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