Technical analysis leads experts to predict an 8,500% rise for Cardano (ADA), while ETFSwap (ETFS) gains more presale momentum while getting ready for its beta platform launch.
Despite the lackluster trend in the crypto market, some analysts predict a bullish reversal that could propel Cardano (ADA) price to new all-time highs. This prediction hints at an 8,500% surge for Cardano (ADA) to $31. In the meantime, this new Ethereum-based token, ETFSwap (ETFS), is reeling in amazing traction in its presale.
ETFSwap (ETFS): A Revolutionary DeFi Platform for Tokenized ETFs
ETFSwap (ETFS) is not just another cryptocurrency; itâs a pioneering platform that redefines trading through its tokenized ETF solution. By partnering with MiCa-compliant licensed investment banks, ETFSwap (ETFS) ensures these tokenized assets are backed by real-world securities.
Essentially, the platform allows investors or traders to buy, own and swap tokenized ETFs in a safe and secured environment. These tokenized ETF cut across a diverse class of assets ranging from commodity to bonds, cryptocurrencies and more, all of which can be accessed 24/7 and swapped in DeFi mode. ETFSwap (ETFS) offers a KYC-free entry to its platform, allowing investors to trade with complete anonymity while ensuring their security.
To further reinforce its commitment to transparency and safety, ETFSwap (ETFS) has completed KYC verification with SolidPROOF, providing investors with confidence in the platformâs integrity. Moving on, the ETFS on ETFSwap can be amplified up to 10 times, and investors can further amplify their positions with a 50x feature, potentially yielding a 5,000% return on investment.
ETFSwap (ETFS) also supports beginner traders with advanced AI trading tools and strategies that promote long-term profitability. These tools including its ETF screeners and ETF trackers help in providing the best trading recommendations.
Lastly, the platform is making significant strides with the development of its Phase 1 beta platform. The backend has been built robustly, and after thorough UI testing, it will soon be unveiled. This beta platform will enable users to participate in various liquidity pools and staking mechanisms, with full access to ETF prices and swapping features.
Looking ahead to Phase 2, ETFSwap plans to introduce advanced functionalities, including an AI-powered ETF screener and filter, enhancing the user experience and providing powerful tools for informed decision-making. These innovations position ETFSwap as a forward-thinking platform with the potential to revolutionize ETF trading in the crypto space.
Cardano (ADA) Receives Positive Prediction Of Up To 8,500% Rise
Dan Gambardello, a well-known analyst from the Crypto Capital Venture YouTube channel, recently shared a bold prediction for Cardano (ADA). In his latest video, Gambardello suggested that Cardanoâs ADA is on the verge of a significant breakout, potentially soaring to around $31âan astonishing 8,500% increase from its current price.
He noted that the market has experienced a 180-day downward trend since March, setting the stage for this anticipated surge.
The pundit further suggested that Cardanoâs price could break its current cycle of lower highs and lower lows, pointing to key technical indicators, particularly the MACD (Moving Average Convergence Divergence) with the weekly chart, showing signs of a bullish crossover.
Adding to the bullish outlook, technical analyst Trend Rider has identified a notable signal on Cardanoâs one-week chart: the ADA Oscillator Wave has turned green for the first time in 46 weeks, indicating a potential bullish reversal. This development has led Trend Rider to personally invest in Cardano (ADA) at its current price. He points out a crucial support level just below the current price at $0.3150 and expects Cardano (ADA) to test a resistance level at $0.400, representing a potential 13% gain from its current trading level.
