Cardano (ADA) [17.02.18 Trading]
Today I have been trading some Cardano (ADA).
My comments:
Cardano has been undervalued for last few weeks. After massive sales, most altcoins got their losses back, and gained substantial amount back, but ADA still has lots of space to go up.
Some big price movements recently: can see from the charts in the pics.
I am very bullish in the medium and longer terms on Cardano. So the next breaking point it is hard to say, whether the price will move straight up, or still will go down slightly.
Of the volumes, moving averages and price trends, looks like the next big changing trend in price is very close.
ADA has a huge long term appeal. However, the scope of the development is massive, it is being done in a pier review model, and it moves very slowly compared with other projects. Many crypto enthusiasts have very little patience and are in for a quick buck. Cardano requires patience.
If somebody doesn't have Cardano yet, and need help with buying or exchanging – here's a step by step guide!