Cardano Holders Unlikely To See Break of All-Time Highs for ADA, According to Analyst Jason Pizzino
A widely followed crypto analyst believes that Ethereum (ETH) rival Cardano (ADA) is unlikely to print new all-time highs this cycle. In a new video update, crypto strategist Jason Pizzino tells his 337,000 YouTube subscribers that ADA is not showing enough market strength so far this cycle, making an explosive breakout improbable at this point. “If Cardano is able to do $10 this cycle, then maybe come back at me. But apart from that, this thing could be just another waste of people’s time.” Source: Jason Pizzino/YouTube The analyst compares ADA’s price action on the weekly timeframe to Solana’s (SOL), another ETH rival. According to Pizzino, SOL’s all-time high is within reach after a series of rallies this cycle and there is the possibility of extended rallies beyond the all-time high. “What you do want to see in a chart… we’re looking at Solana, you got the breakthrough here at 50%, $211. Price is still u...