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Cardono has it finally found a bottom Cuz there are three reasons why I am Seeing a mega rally that hasn't been Seen in years in the works for Ada so if You hold cardano or if you're just Wondering is this coin ever going to Recover this video is for you so diving Right into it I first want to give a Shout out to Dan garello he is crypto Capital Venture on YouTube and he's Identified a chart pattern that I've Been talking about for a while and this Is going all the way back to 2020 what Is he talking about he's talking about Bullish Divergence on the cardano bit Coin daily chart and the last time it Happened cardano rallied 1,000% against Bitcoin that's right it did over a 10x Against Bitcoin so if you expect Bitcoin To pump cardano is going to pump even Harder now this video does a good job Explaining what we mean cuz we're Talking about a price reversal in the Works now we're talking about cardano Compared to bitcoin and right now there Is a bullish Divergence that is Happening we have not seen a bullish Divergence since 2020 which like I said Earlier led to a th% pump now some of You may be wondering what exactly is a Bullish Divergence it's when the price Is dropping but the RSI is rising now This difference indicates that although Selling pressure has caused prices to
Decrease the momentum is moving in a Positive manner so let's go ahead and Identify this momentum now this is the Life cycle of cardano compared against Bitcoin and the yellow lines right here And right here is the areas we're going To be talking about this is 2020 now Right now we are in the middle of a Bullish Divergence you can see the lower Lows while the RSI is making these Higher lows now let's go back two years Though now when we go back two years now This is actually a little bit more solid Now I do want to point out we're using The two-day which actually makes this Even a stronger case than the one-day Chart now you can see the lower low and The RSI created those higher highs that Was a magnificent pump for cardono you Can see right here was actually over a 10x pretty close to a 12x 13x right There so cardano has rallied in the past Off this bullish Divergence and I think It's going to Rally again off this Bullish Divergence now I do think a 10x Is going to be a little bit difficult I'm more predicting about a 6 or 7x in This time period now I said there are Three reasons the third reason just Happened within the last 24 hours but Let's go ahead and look at the second Reason the DAP analyst is the one who Figured this one out and that deserves a Follow for me now cardano is up against
Bitcoin for reference September 19 was When the FED started to cut interest Rates and cardano held its first leg up Against Bitcoin is his hisory repeating Itself now he's talking about the Federal Reserve cutting interest rates Well do we have interest rates being cut It certainly looks like it looks like we Have a 96% chance we are going to see Cuts on September 18th but what about The last time there were Cuts now he Said September that wasn't entirely Accurate the first cut was August 1st 2019 this was after we started raising Rates for years and then we had our First decline we ended up doing five Cuts followed by another string of Interest rate Rises so first cut August 1st 2019 let's go ahead and look at the Charts this vertical line is when Interest rates started to get cut and What do you know that was a bottom for Cardano versus Bitcoin now I have a Reason for this my theory is when you Cut rates it is better for riskier Investments when you have high interest Rates your money earns interest doing Literally nothing you have a pile of Cash and it's just earning you 5 6% Interest for literally doing nothing Besides being a pile of money now when The interest rates get cut which it Looks like it's going to happen on September 18th you make less interest
With this pile of money and so you start Looking for riskier Investments because You know this pile of money used to just Earn me a lot of money and now the Interest rates are cut so I got to look Elsewhere for my money to earn me more Revenue and then that's when you start Looking at riskier asset so the higher The interest rates you're fine just Letting that pile of cash earn that 56% You lower the interest rates you got to Find something like a Bitcoin a cardano A salana or an ethereum riskier assets Are a better investment in a low Interest rate environment and it looks Like we're heading into a low interest Rate environment so that's the second Reason the third reason is like I said Happened within the last 24 hours snake. Fun is now live now this is a competitor To pump. fun pump. fun launched on Salana January 19th you can see here This is the post for when they first Launched their product well what did Pump fun do to salana and is that going To mimic what snake. fund is going to do For cardano to me it is a resounding yes Well let's look what pump. fun did to Salana now we can't just claim you know This is only pump. fun creating the pump Here but pump. fun launched on this Vertical red line and what are we Looking at here folks we're looking at 140% pump in two months this is a 60-day
Period and so I expect a lot of Attention to come back into cardano and We're going to see some similar pumps as Well because the memes is what brings The masses and the masses are going to Be needed if cardano is going to go to New all-time highs this cycle I do think It can set a new all-time high it's just Going to be in 2025 and with all this Bullishness we could be heading to a Dollar this year folks so that's what I Got for cardano three reasons we got the Interest rate Cuts we got snake. fun and Not only that we got the bull div on the Bitcoin chart and we haven't seen that Since 2020 so now is not the time to Sell your cardano I think we're going to Have a mega pump ahead of us so folks I'll see you and your adaab bags at the Top
