Cardano

Better

Bitcoin

Coin

<ul class="news-points">
 <li>Analysts predict ADA’s major rally due to oversold RSI levels.</li>
 <li>Dan Gamberdello foresees explosive ADA growth.</li>
 <li>Experts suggest swapping BTC for ADA for better returns.</li>
</ul>
Cardano’s (ADA) latest analysis shows promising signs of a potential price surge. Cardano advocate Dan Gamberdello has ignited community excitement by stating that the token is primed for a breakout. Other analysts echo this sentiment, suggesting now is an opportune time to swap Bitcoin (BTC) for ADA.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 No guarantees, but this Cardano chart looks like it’s about to explode! <a href="https://t.co/3gsJvpilau" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/3gsJvpilau</a>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1808659139955917105?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 4, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
In the 4-hour chart, ADA trades at $0.410, hovering above crucial moving averages. The red line represents the 200-period moving average, and the blue line signifies the 50-period moving average. Both indicators suggest a bullish outlook for ADA in the short term.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXelX9FcThHIknjBFDjNDUFPevW9lGNdNgQE2Hi1GHcf1CossgwiQQcj-uBG8awKSdOxDZhgWk0c3jlbrfWcJegAwBeZ1b4scH1XsU2LML8xA49zQh9vIPrJIstTB9MEMYzZSjVkCvgt94_4s_USKLCN9QYC?key=sG3dzv94JF73EfNUOYOYjg" alt="">
</figure>
Source: Dan Gamberdello
Further supporting the bullish thesis is an analysis by another expert. The second graph <a href="https://x.com/Av_Sebastian/status/1808422510578323788" target="_blank" rel="noopener noreferrer nofollow">depicts</a> ADA/BTC on the weekly timeframe, where the expert highlights a pattern similar to a previous rally, suggesting that ADA might be on the cusp of a significant…
The post <a href="https://coinedition.com/cardano-ada-vs-bitcoin-btc-which-crypto-is-a-better-investment-now/" rel="noopener noreferrer nofollow">Cardano (ADA) vs. Bitcoin (BTC): Which Crypto is a Better Investment Now?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Cardano (ADA) vs. Bitcoin (BTC): Which Crypto is a Better Investment Now?

Coin Edition

Other articles published on Jul 4, 2024

New Airdrops to Watch July 2024

Ripple (XRP) Price Might Pull A Huge Rally Like The One In 2017: Here’s Why

Ethereum Whale Faces Liquidation, ETH Price Nosedive

Top Airdrop List July 2024

Nigeria Unveils Plans for Research Centres Dedicated to AI, IoT, and Blockchain in Nigeria

Hamster Kombat Sparks Speculations On Airdrop

Join our free newsletter for daily crypto updates!