Good day,

We are looking at the 1 day chart of ADA/USDT.

As we can see, ADA price just broke out of a downtrend line. Meaning a potential trend reversal.

Also, short term moving average (red) seems to looking to break the “mid term” moving average (green)

Furthermore, the total value locked ( TVL ) of the Cardano network completely exploded in 2022. From $1.7 million to a whopping $180 million. The TVL is often seen within the world of decentralized finance (DeFi) as an excellent measure of investor interest in a particular project.

“Cardano has waited long enough, we are the aristocrats of change”

Current market cap: 40B

Don’t believe that there will be “one blockchain to rule them all”, imo there will be more winners besides Ethereum .

That’s why oracles (chainlink/dia etc.) are so important, otherwise we will just have islands of communities who can’t interact with each other. Few understand.