{"id":639252,"date":"2024-09-02T17:00:41","date_gmt":"2024-09-02T17:00:41","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=639252"},"modified":"2024-09-02T11:51:30","modified_gmt":"2024-09-02T11:51:30","slug":"crypto-analyst-why-cardano-remains-fundamentally-bullish","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","title":{"rendered":"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’"},"content":{"rendered":"

In a video<\/a> analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork.<\/p>\n

Why Cardano Is ‘Fundamentally Bullish’<\/h2>\n

The core of Gambardello’s analysis began with the implementation of the Chang hard fork<\/a>, which he describes as a monumental step for Cardano, placing control directly in the hands of ADA token holders. This upgrade allows token holders to elect governance representatives and vote on development proposals, marking a significant shift toward true decentralization<\/a>.<\/p>\n

“Cardano is officially a top 10 crypto, completely powered by the people,” Gambardello enthused, highlighting the shift away from the foundational control by Cardano’s three founding entities\u2014IOHK, the Cardano Foundation, and Emurgo\u2014over network upgrades and hard forks.<\/p>\n

Related Reading: Cardano\u2019s Dark Hour: Panic Grips Investors As ADA Loses 22% Of Its Value<\/a><\/div>\n

Gambardello passionately conveyed the broader implications of such decentralization, arguing that it not only solidifies trust and resilience within the Cardano community but also sets a new standard for blockchain governance. He referenced a critic of Cardano, Justin Bons<\/a> (founder and CIO of Cyber Capital), who despite previous skepticism, recognized the significance of this milestone in blockchain technology, offering his congratulation.<\/p>\n

\n

Congratulations to the ADA community for implementing on-chain governance today!<\/p>\n

A critical milestone that most have not achieved yet<\/p>\n

As true decentralization at scale is impossible without governance<\/p>\n

Others pretend to be decentralized but are still controlled at the center!<\/p>\n

\u2014 Justin Bons (@Justin_Bons) September 1, 2024<\/a><\/p><\/blockquote>\n

Gambardello further suggests that these foundational changes align well with broader financial movements and may signal robust growth for Cardano in the future. \u201cIf we don’t break out here, we can start to categorize this whole run as an extended 2019 and from a charting standpoint […] would mean a very very extended cycle which means we go higher for longer than we ever really hoped, maybe deep into 2026 AKA super cycle.\u201d<\/p>\n

Gambardello also analyzed various price charts, including weekly, daily, and six-hour frames, to discuss ADA’s potential price trajectory. He applied a macro super cycle analysis, which is a method of identifying long-term financial cycles that include several smaller cycles.<\/p>\n

Related Reading: Cardano Holds Strong After DDoS Attack: Market Outlook Turns Bullish For ADA<\/a><\/div>\n

\u201cI really want to point this out. If this is true, notice the patients involved in just the entire bear market and the entire sideways waiting for an altcoin season that takes longer than previous cycles. Because remember historically altcoin season starts around now, maybe the macroeconomic landscape of things is making us wait longer,\u201d he stated. Based on this assumption, Gambardello predicts that the Cardano price could hit $10 to $11 in this cycle.<\/p>\n

\"Cardano
Cardano super cycle prediction | Source: YouTube @Crypto Capital Venture<\/figcaption><\/figure>\n

He attributes the current ADA downtrend to global economic shifts such as interest rate cuts. Based on the daily chart, Gambardello suggests that ADA is nearing a potential bottom, providing a buying opportunity for long-term investors. Speaking on what needs to happen for a bullish reversal, the crypto analyst states:<\/p>\n

\u201cYou want the breakout, you want the flip to happen, the 20 [day EMA] crossing above the 50 [day EMA] and then just up, higher highs, higher lows above those moving averages […] I’m just waiting for that right now – the 20-day moving average around $0.35, the 50-day moving average at $0.37.”<\/p>\n

Moreover, Gambardello is also the RSI which is close to the oversold territorium. “[It\u2019s] nice to see stoch RSI falling into oversold. We want to see that even if it’s going to hang out there for a while and ADA goes lower. It’s just good to see that it’s finally approaching oversold. We might be getting close to the bottom. It could be a painful week before that happens but we’re getting there,\u201d Gambardello concluded.<\/p>\n

\"Cardano
Cardano price analysis, daily chart | Source: YouTube @Crypto Capital Venture<\/figcaption><\/figure>\n

At press time, ADA traded at $0.3350.<\/p>\n

\"Cardano
Cardano price, 1-day chart | Source: ADAUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from Shutterstock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork. Why Cardano Is ‘Fundamentally Bullish’ The core of Gambardello’s analysis began with the implementation of the Chang hard fork, which he describes as a monumental step for Cardano, placing control directly in the hands of ADA token holders. This upgrade allows token holders to elect governance representatives and vote on development proposals, marking a significant shift toward true decentralization. “Cardano is officially a top 10 crypto, completely powered by the people,” Gambardello enthused, highlighting the shift away from the foundational control by Cardano’s three founding entities\u2014IOHK, the Cardano Foundation, and Emurgo\u2014over network upgrades and hard forks. Related Reading: Cardano\u2019s Dark Hour: Panic Grips Investors As ADA Loses 22% Of Its Value Gambardello passionately conveyed the broader implications of such decentralization, arguing that it not only solidifies trust and resilience within the Cardano community but also sets a new standard for blockchain governance. He referenced a critic of Cardano, Justin Bons (founder and CIO of Cyber Capital), who despite previous skepticism, recognized the significance of this milestone in blockchain technology, offering his congratulation. Congratulations to the ADA community for implementing on-chain governance today! A critical milestone that most have not achieved yet As true decentralization at scale is impossible without governance Others pretend to be decentralized but are still controlled at the center! \u2014 Justin Bons (@Justin_Bons) September 1, 2024 Gambardello further suggests that these foundational changes align well with broader financial movements and may signal robust growth for Cardano in the future. \u201cIf we don’t break out here, we can start to categorize this whole run as an extended 2019 and from a charting standpoint […] would mean a very very extended cycle which means we go higher for longer than we ever really hoped, maybe deep into 2026 AKA super cycle.\u201d Gambardello also analyzed various price charts, including weekly, daily, and six-hour frames, to discuss ADA’s potential price trajectory. He applied a macro super cycle analysis, which is a method of identifying long-term financial cycles that include several smaller cycles. Related Reading: Cardano Holds Strong After DDoS Attack: Market Outlook Turns Bullish For ADA \u201cI really want to point this out. If this is true, notice the patients involved in just the entire bear market and the entire sideways waiting for an altcoin season that takes longer than previous cycles. Because remember historically altcoin season starts around now, maybe the macroeconomic landscape of things is making us wait longer,\u201d he stated. Based on this assumption, Gambardello predicts that the Cardano price could hit $10 to $11 in this cycle. He attributes the current ADA downtrend to global economic shifts such as interest rate cuts. Based on the daily chart, Gambardello suggests that ADA is nearing a potential bottom, providing a buying opportunity for long-term investors. Speaking on what needs to happen for a bullish reversal, the crypto analyst states: \u201cYou want the breakout, you want the flip to happen, the 20 [day EMA] crossing above the 50 [day EMA] and then just up, higher highs, higher lows above those moving averages […] I’m just waiting for that right now – the 20-day moving average around $0.35, the 50-day moving average at $0.37.” Moreover, Gambardello is also the RSI which is close to the oversold territorium. “[It\u2019s] nice to see stoch RSI falling into oversold. We want to see that even if it’s going to hang out there for a while and ADA goes lower. It’s just good to see that it’s finally approaching oversold. We might be getting close to the bottom. It could be a painful week before that happens but we’re getting there,\u201d Gambardello concluded. At press time, ADA traded at $0.3350. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":569736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,89347,84005,14643,12332,89230,12329],"class_list":["post-639252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-adausd","tag-cardano","tag-cardano-news","tag-cardano-price"],"acf":[],"yoast_head":"\nWhy Cardano Remains 'Fundamentally Bullish': Crypto Analyst<\/title>\n<meta name=\"description\" content=\"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Cardano Remains 'Fundamentally Bullish': Crypto Analyst\" \/>\n<meta property=\"og:description\" content=\"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-02T17:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-02T11:51:30+00:00\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’\",\"datePublished\":\"2024-09-02T17:00:41+00:00\",\"dateModified\":\"2024-09-02T11:51:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\"},\"wordCount\":723,\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500\",\"keywords\":[\"ADA\",\"ADA news\",\"ADA price\",\"adausd\",\"Cardano\",\"Cardano news\",\"Cardano price\"],\"articleSection\":[\"Cardano\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\",\"url\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\",\"name\":\"Why Cardano Remains 'Fundamentally Bullish': Crypto Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500\",\"datePublished\":\"2024-09-02T17:00:41+00:00\",\"dateModified\":\"2024-09-02T11:51:30+00:00\",\"description\":\"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500\",\"width\":6500,\"height\":3500,\"caption\":\"Cardano ADA price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ktsl888.com\/#website\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/www.ktsl888.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Why Cardano Remains 'Fundamentally Bullish': Crypto Analyst","description":"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","og_locale":"en_US","og_type":"article","og_title":"Why Cardano Remains 'Fundamentally Bullish': Crypto Analyst","og_description":"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.","og_url":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-09-02T17:00:41+00:00","article_modified_time":"2024-09-02T11:51:30+00:00","author":"Jake Simmons","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#article","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’","datePublished":"2024-09-02T17:00:41+00:00","dateModified":"2024-09-02T11:51:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/"},"wordCount":723,"publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","keywords":["ADA","ADA news","ADA price","adausd","Cardano","Cardano news","Cardano price"],"articleSection":["Cardano"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","url":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","name":"Why Cardano Remains 'Fundamentally Bullish': Crypto Analyst","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","datePublished":"2024-09-02T17:00:41+00:00","dateModified":"2024-09-02T11:51:30+00:00","description":"Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days.","breadcrumb":{"@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#primaryimage","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","width":6500,"height":3500,"caption":"Cardano ADA price"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’"}]},{"@type":"WebSite","@id":"https:\/\/www.ktsl888.com\/#website","url":"https:\/\/www.ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/www.ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/www.ktsl888.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’","url":"http:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.ktsl888.com\/news\/cardano\/crypto-analyst-why-cardano-remains-fundamentally-bullish\/"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada news","ada price","adausd","cardano","cardano news","cardano price"],"dateCreated":"2024-09-02T17:00:41Z","datePublished":"2024-09-02T17:00:41Z","dateModified":"2024-09-02T17:00:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Explains Why Cardano Remains ‘Fundamentally Bullish’\",\"url\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/cardano\\\/crypto-analyst-why-cardano-remains-fundamentally-bullish\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/cardano\\\/crypto-analyst-why-cardano-remains-fundamentally-bullish\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_2006902073.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_2006902073.jpg?fit=6500%2C3500\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada news\",\"ada price\",\"adausd\",\"cardano\",\"cardano news\",\"cardano price\"],\"dateCreated\":\"2024-09-02T17:00:41Z\",\"datePublished\":\"2024-09-02T17:00:41Z\",\"dateModified\":\"2024-09-02T17:00:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/01\/shutterstock_2006902073.jpg?fit=6500%2C3500","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/639252"}],"collection":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/comments?post=639252"}],"version-history":[{"count":0,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/639252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media\/569736"}],"wp:attachment":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media?parent=639252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/categories?post=639252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/tags?post=639252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}