Crypto Crew University Spots Cardano Setup That Delivered a 200% ADA Rally in 2023
Photo: The Crypto Basic
YouTuber Crypto Crew University says Cardano (ADA) is forming a pattern similar to one that preceded a nearly 200% price rally in 2023. In a post on X, he pointed to ADA’s monthly Relative Strength Index (RSI) crossing above its moving average as a buying signal. The same signal appeared before Cardano’s 2023 rally, even without a broader altcoin market boom. The analyst summed up the strategy as: “RSI for the entry clue. FibMA for the exit clues,” meaning the RSI will identify when to buy, while Fibonacci moving averages will signal when to sell.
Source: The Crypto Basic
