Cardano
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ðŸ”Ĩ ADA Now VS Then: Final Capitulation Coming?

ADA has been trading bearish for well over a year now, losing around 88% of its value since the top.

Looking at the current market and the 2018 bear market, we can see that ADA is following a roughly similar pattern. A very long downtrend with the occasional bullish pump in between.

Most noteworthy are the numbers on the chart.
1: Mid-bear pump of a couple weeks.
2: Late-bear horizontal trading before the last capitulation.
Obviously, we don't know if the current market will see another capitulation, but I find the similarities interesting.

Do you think ADA will see another capitulation? Share your thoughts.
Chart PatternsTechnical IndicatorsTrend Analysis

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