Kaleo: ADA/BTC Rally Ready to Breakout, Bullish on BTC and DOGE
Widely-followed trader and analyst, Kaleo, predicts Cardano (ADA) to hit all-time highs soon. He is also reading bullish signals for the top crypto, Bitcoin and Dogecoin.
Kaleo tweets to his 316,800 followers that ADA is on the very close of reversing a long-term dip against Bitcoin’s price – one that dates back to 2018.
“ADA/BTC has nearly completed an entire move back to its recent highs from the dip. Should expect to see new highs soon.
After the BTC pair breaks out, a move back to $2+ and new all-time highs should follow.”
$ADA / $BTC has nearly completed an entire move back to its recent highs from the dip. Should expect to see new highs soon. pic.twitter.com/ZvaT4FEtIG
At the time of publishing Cardano is trading at $1.72, and is down close 2% on 24-hour range, according to CoinGecko. ADA is up more than 13% in the past two weeks.
“Nothing has changed big picture. I’m still confident we’ll see $100,000+ this cycle.
The accuracy of this chart from early 2019 still amazes me. Every good thing must come to an end eventually, but I still think this thing has some gas left in the tank.”
Kaleo also sees Dogecoin (DOGE) to continue its surge.
The way the meme stocks (AMC and GME) are moving higher, it shouldn’t shock anyone that DOGE does something similar. $1.00+ shouldn’t surprise anyone.
“The way the meme stocks (AMC and GME) are moving higher, it shouldn’t shock anyone that DOGE does something similar. $1.00+ shouldn’t surprise anyone.”
