Markets· ★★· bullish· October 8, 15:10

Cardano's Post-QT Dip Is Setting Up Another Bull Run, Dan Gambardello Says

—ADA fell to $0.254, down 10.68% from the weekly high of $0.2824
—Gambardello is watching for the 20-week moving average to cross above the 50-week
—He compares the current ADA pattern to early 2020 before the last bull cycle
—He also sees positive long-term setups in XRP and Ethereum

Why it matters: If the pattern holds, ADA and altcoins could turn higher as the business cycle shifts from contraction to expansion.