Crypto Capital Venture Founder Says He Will Heavily Buy Cardano (ADA) Below $0.80.
Dan Gambardello, the founder of Crypto Capital Ventures (CCV), has disclosed that he plans on accumulating Cardano (ADA) within the $0.80 and $0.50 price levels.
The famous Cardano enthusiast made this known in a tweet today that he has been preparing for ADA to hit the price range in the past few months to increase his holding in the seventh-largest cryptocurrency.
“$0.50 – $0.80 is my heavier Cardano buy zone,” Gambardello tweeted earlier today. According to him, $0.50 to $0.80 is the heavy accumulation zones where the majority of retail and institution investors will come in to buy ADA at low prices.
Gambardello added a clip to the tweet containing an analysis of the ADA coin. He called on Cardano enthusiasts to take advantage of the upcoming $0.80 price of Cardano.
.50 – .80 is my heavier Cardano buy zone. Below is why:
Here is a clip from December 5 discussing the first .80 $ADA target.
For nothing more than being prepared with a plan, we have been watching this closely for months. pic.twitter.com/ef9win204K
— Dan Gambardello (@cryptorecruitr) February 22, 2022
According to Gambardello, the most recent call was not about making predictions for the coin. However, the idea is to get Cardano supporters prepared for what is to come for the cryptocurrency to help them create a plan based on those possibilities.
“This game is not about predicting things. I always say I have no idea what’s going to happen. This is about being ready for every scenario/target (bullish or bearish) and creating your plan based on those possibilities,” Gambardello added.
ADA Dips Over 15% in 24 Hours
Cardano suffered a significant dip in the last 24 hours following comments from Russian President Vladimir Putin, which saw him declare support for Eastern Ukraine’s independence.
ADA, which was trading above $1 yesterday, has dipped below $0.83 in the last 24 hours, as the coin suffered more than 15% loss in one day.
ADA has been down over 20% in the last seven days as investors continue to convert their Cardano holding to stablecoin following the rising tension between Russia and Ukraine.
Gambardello Bullish at Cardano (ADA)
The recent trading call for Cardano comes less than 24 hours after Gambardello called the cryptocurrency the biggest sleeping giant waiting to explode.
Gambardello stated in a tweet that ADA would surge tremendously as the adoption of Cardano-related initiatives continues.
According to Gambardello, who owns a Cardano staking pool, the project’s team led by Charles Hoskinson has designed the network to provide decentralized financial infrastructure on a global scale, which could spark mass adoption.
Interestingly, the entire Cardano network has been steadily growing in terms of total value lock (TVL) and transaction volume.