Crypto Analyst Oversights on ADA’s ‘Death Cross’ End-Game for December -Breaking
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Crypto Analyst Oversights on ADA’s ‘Death Cross’ End-Game for December- A crypto analyst describes how he saw an end to death cross on December 7, 2021.
- According to him, at $1.35, ADA’s price will not decline again.
A Twitter (NYSE:) page named @InvestAnswers posted today that they projected an end-game of Cardano’s (ADA) ‘Death Cross’ signal to occur on December 3, but it did not happen. Rather, ADA’s death cross oversight took place on Dec 7, 2021.
#Cardano #DeathCross just hit – in Sept I had projected a Dec 3rd date but landed 4 days later. Analysts and traders often interpret a Death Cross as indicating a bear market. @ $1.35, not sure that #ADA will fall any further. We’ll see. pic.twitter.com/joemQJgpSO
— InvestAnswers (@invest_answers) December 8, 2021
In September, a Cardano death crossing occurred. They believe there won’t be another Cardano death cross in the near future, as this seems to mark the end of any potential death cross for ADA.
Sarcastically the analyst stated this ironically. It meant that, aside from the statements he made, any thing can happen at the Camp of Cardano.
With great enthusiasm and confidence, he also stated that if Cardano drops below the $1.35 mark, he doesn’t think ADA will rise again. He has a strong belief that ADA is ready to rock like it did early in the year.
The majority of Cardano users today are confused about whether to either sell or keep their ADA shares. However, because we have different thinking styles, some Cardano users still believe that ADA can be a positive investment at this critical moment, especially if it begins a bullish trend.
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