CARDANO & MIDNIGHT Holders...This Is The Best Altcoin Setup We've Ever Seen (GET READY)
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Altcoins haven't had a bull run in 5 years, and in this video I break down why I think this is the moment for Cardano (ADA) and Midnight (NIGHT). Ethereum (ETH) is coming out of quantitative tightening, and its RSI looks a lot like August 2020, right before the last altcoin bull market. From there I go through the Cardano weekly and daily charts, the Midnight weekly and daily charts, and the NIGHT vs ADA chart that explains why I reallocated into Midnight.
On Cardano I cover the 200 week moving average near 47 cents, which I see as the starting line for Cardano's bull market, plus the 200 day test and the 17 to 19 cent support if structure breaks. Blockworks ranks Cardano fourth in crypto mindshare at 3.11%. Midnight is up 250% from its July lows but never reached overbought on the weekly RSI. With Google Cloud, MoneyGram and institutional nodes already in place, I think it could become the dominant privacy chain. Midnight, Sui and DOG are my top three altcoin plays for this cycle, and the business cycle shift from contraction to expansion is why I'm so bullish on altcoins right now.
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This channel focuses on macro crypto analysis, liquidity cycles, and market behavior to help long-term investors understand where we are in the broader financial cycle. I cover Bitcoin, crypto, and altcoins like ethereum, solana, cardano, sui, and more.
This content is for patient capital, not short-term speculation.
⚠️ Disclaimer: The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
