Seeking Alpha
2022-06-02 18:20:35

A Bear Market Won't Stop Cardano

It is critical to invest in quality during a bear market.The Federal Fund Rate increases are hindering Ada's price action.Historically, there may be a bottom around $0.35-$0.45.Cardano's fundamentals continue to improve with new DEX deployment, CNFTs, institutional recognition, and network upgrades.I am lowering my rating from strong buy to buy due to the macroeconomic environment.

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