Ada has been one of the most bullish coins since the huge drop in ALTs after FOMO whales shorted BTC. I tend not to take the pump and dumps that frequent the non-USDT pairs; ADA had tentative and un-suspicious sideways-upward movement with enough momentum to keep bouncing off the 5min bollinger bands. It's been making "higher lows" and could break out of the downtrend soon. Cardano is good tech and has a bright future, but if a $6,200 BTC means 17% drops in established cryptos, what will a drop far lower mean? Did you know if the USD goes down, the oil becomes more expensive to buy in USD rather than falling 12% more? If you're Tethering out of Bitcoin for a drop, there are a few great Alts you might try to hedge with. One time, ALTS and Bitcoins could move independently of one another.
I'm not saying it WILL break out of the downtrend, but wouldn't it be nice?
I'm not saying it WILL break out of the downtrend, but wouldn't it be nice?