Cardano Holders, This Is The Chart You've Been Waiting 5 Years For (ADA and NIGHT Are NEXT)
Cardano Holders, This Is The Chart You've Been Waiting 5 Years For (ADA and NIGHT Are NEXT)
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
  • Midnight (NIGHT) is the speaker’s preferred Cardano-related opportunity, with a near-term scenario around $0.04; weigh its potential against token-selling pressure and the uncertainty of reaching larger market-cap targets.
  • Cardano (ADA) remains a conditional setup: consider limit orders or dollar-cost averaging only if it fits your risk tolerance, and watch $0.40–$0.46 for a confirmed breakout or $0.20–$0.21 for potential support.
  • Avoid treating either price scenario as guaranteed; Bitcoin, UNI, AVAX, and ZEC were discussed as context or comparisons, not actionable trades with specific targets.
Detailed Analysis

Cardano (ADA)

  • The speaker sees ADA potentially approaching the end of a roughly 1,848-day bear market, but says the chart is at significant resistance and a breakout is not confirmed.
  • If ADA breaks above its current range, the speaker’s near-term pattern target is about $0.40. The $0.40–$0.46 area may be difficult to clear; the 200-week moving average was cited around $0.46–$0.47.
  • A sustained move above that resistance zone would, in the speaker’s view, be stronger evidence that ADA is entering a bull market.
  • If the breakout fails, the speaker identifies $0.20–$0.21 as an area of potential support, near the cited 20- and 50-day moving averages. The speaker also mentions a possible dip back into the range before a later breakout.
  • The speaker describes ADA as still potentially being in an accumulation zone and says they would consider limit orders or continued dollar-cost averaging. They also suggest a successful breakout could put ADA on a path toward roughly 200% gains from the swing lows.

Takeaways

  • The discussion is conditionally bullish: the upside case depends on ADA clearing resistance, while a failed breakout could mean more consolidation or a pullback toward $0.20–$0.21.
  • For investors following this setup, the key levels presented are $0.40–$0.46 as resistance and $0.20–$0.21 as potential support. These are the speaker’s chart-based observations, not guaranteed outcomes.

Midnight (NIGHT)

  • The speaker calls Midnight their preferred Cardano-related play for the cycle, describing it as an asymmetric opportunity with a market capitalization of roughly $300–$400 million at the time of the discussion.
  • The near-term price target mentioned is close to $0.04, which the speaker associates with reclaiming a prior trading range after a bridge exploit in which Midnight tokens were stolen and sold. The speaker says the incident involved a bridge, not a hack of Midnight itself.
  • For a broader cycle view, the speaker watches for a market-cap level of about $1.6 billion to be reclaimed and potentially become a floor. They also show $12 billion and $24 billion market-cap levels as possible upside scenarios, while noting that these are not the most aggressive targets they could have chosen.
  • The speaker describes Midnight as Cardano’s privacy chain for selective disclosure, intended to let applications use private data without making activity fully opaque. They argue this gives it a different use case from Zcash.
  • The speaker says ongoing token claims could create selling pressure, with the last glacier-claim period expected to end on December 4. They suggest this could remove a source of sell pressure, but acknowledge speculation about selling remains.

Takeaways

  • The speaker is bullish on NIGHT, based on its privacy-focused use case, relatively small cited market capitalization, and possible reduction in claim-related selling pressure.
  • The risks explicitly raised are potential token selling, failure to break out, and uncertainty about whether the cited market-cap levels will be reached. The $0.04 and market-cap figures are scenarios from the speaker, not assurances.

Bitcoin (BTC)

  • Bitcoin is mentioned mainly as context for a broader crypto-market cycle. The speaker says a long period of contraction and weakness in altcoins relative to Bitcoin may be ending.
  • The transcript does not give a Bitcoin price target or a specific Bitcoin recommendation.

Takeaways

  • The speaker’s broader thesis is that improving economic conditions could support an altcoin bull market, but explicitly says this is not guaranteed. Bitcoin is used as market-cycle context rather than presented as a standalone trade idea.

Uniswap (UNI)

  • Uniswap is cited as an example of an altcoin that has already broken out, unlike ADA, which the speaker says has not yet had its breakout moment.
  • The speaker suggests altcoins may take turns moving, with ADA potentially moving later in the sequence.

Takeaways

  • UNI is presented as a breakout comparison, not with a specific price target or recommendation. The discussion does not establish that its prior move will continue.

Avalanche (AVAX)

  • AVAX is also named as an example of a coin that has already broken out, in contrast with ADA’s still-unresolved resistance level.

Takeaways

  • AVAX serves as another example in the speaker’s view that altcoins may move in rotation. No AVAX price target or explicit buy or sell recommendation is given.

Zcash (ZEC)

  • The speaker describes Zcash as growing and repeatedly reaching new all-time highs, with a private-money narrative.
  • They argue that Midnight addresses a different problem: programmable data protection for applications, rather than private money.

Takeaways

  • Zcash is discussed as a comparison for the privacy theme, not as a direct recommendation. The speaker’s argument is that Midnight and Zcash have different use cases, so they should not be treated as equivalent investments.

Coinbase (COINBASE platform)

  • Coinbase is mentioned as the episode’s sponsor. The speaker promotes account-opening rewards of up to $250 in USDC, including rewards tied to identity verification, depositing $2,500 USDC, and trading $10,000 USDC.
  • The speaker also promotes Coinbase’s tools for buying ADA, placing limit orders, and dollar-cost averaging.

Takeaways

  • This is a sponsored platform promotion, not an investment recommendation for Coinbase or a guarantee that the rewards will be available to every user. Review the offer’s eligibility requirements and terms before acting.

Ask about this postAnswers are grounded in this post's content.
Video Description
Thanks Coinbase for sponsoring this video 🔵 Coinbase: Get up to $250 in USDC rewards when you sign up with my link: https://coinbase.com/aff/ccv?s=youtube ► Get the risk models I use to track accumulation and exit zones. Free trial 👉 https://app.cryptocapitalventure.ai Cardano's 1,848 day bear market may finally be ending, but ADA is breaking out on the daily chart right into massive resistance on the weekly. In this video I go through the Cardano (ADA) pattern on the daily, the consolidation range it is approaching from before the May capitulation, and what a confirmed breakout looks like. First target is around 40 cents, with the 200 week moving average sitting at 46 to 47 cents as the last major level before ADA is truly out of its bear market. I also cover the failed breakout scenario and the 20 to 21 cent support zone where the 50 day and 200 day moving averages sit. I also cover why this is not a Cardano problem: altcoins versus Bitcoin have been in a 1,700 day bear market that lines up with the business cycle entering contraction, and alts like Uniswap (UNI) and Avalanche (AVAX) have already broken out while ADA has not. Then I get into Midnight (NIGHT), my Cardano play for the cycle: the 4 cent short term target, the $1.6 billion market cap floor I am watching for, how its selective disclosure privacy model differs from Zcash (ZEC), and the December 4 date when the last glacier drop claims come in. CHAPTERS 0:00 Cardano Breakout Into Weekly Resistance 0:43 Coinbase 1:42 1,848 Days Of Bear Market 1:59 Altcoins vs Bitcoin And The Business Cycle 2:58 ADA Daily Chart Pattern 3:38 The Resistance Range 4:07 40 Cent Target And Midterm Price Discovery 5:33 200 Week Moving Average 6:13 Failed Breakout Scenario 6:51 20 To 21 Cent Support 7:20 Chasing vs Accumulating 8:28 Alts Take Turns 9:22 Midnight Setup 10:03 4 Cent Target 10:36 $1.6B Floor For The Cycle 11:06 Midnight vs Zcash 12:47 December 4 Glacier Claims 13:30 Outro Charts I use are TradingView: Pick up a paid plan, you get up to $15 as a bonus! Use my link to sign up: https://www.tradingview.com/?aff_id=114269 🌟 Follow Me On My Socials! 📸 Instagram: instagram.com/dangambardello ⚡ Catch Me On X ⚡ http://x.com/cryptorecruitr This channel focuses on macro crypto analysis, liquidity cycles, and market behavior to help long-term investors understand where we are in the broader financial cycle. I cover Bitcoin, crypto, and altcoins like ethereum, solana, cardano, sui, and more. This content is for patient capital, not short-term speculation. ⚠️ Disclaimer: The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
About Crypto Capital Venture
Crypto Capital Venture

Crypto Capital Venture

By @cryptocapitalventure

This channel focuses on cryptocurrency and traditional finance macro analysis, liquidity cycles, and market behavior to help ...