I've been looking into cryptocurrencies for a while now. Recently i started commenting and monitoring cryptonews through Twitter and since today i felt like sharing my very own opinion about Cardano.
To be clear, i'm not here trying to shill anything, i'm just showing my opinion based on my own research (you should do yours as well).
To make a long story short, i think that is looking quite . You can see an obvious , which is usual a bad thing. But ... in this specific case will most likely bounce up (eventually).
I say this because of the upcoming Shelley release -> which is scheduled for Q2 according to the updated road map. Until that time there are many other things happening around , which you should definitely look into.
BUT... if the supportline breaks Cardano will continue to fall. Which is (in my opinion) very unlikely....
I would say that there's only a 2% chance because of the strong support and very good circumstances (based on the road map). If support breaks your should STOP LOSS.
Even though i strongly believe in IOHK, i do not have a crystal ball to predict the future. As many others said before: Do not invest what you can't loose + do your own research and trust your guts!!!
Feel free to share your opinion in the comments :-)
It won't lead to a giant pump but it will probably get Cardano out of the dangerzone. I will keep you guys up to date.