Happy Friday!
Cryptos saw a nice surge today following some weakness on Thursday. But is it sustainable?
In today’s issue, we’ll discuss the relationship between Cardano and VeChain, and what the recent ADA rally could mean for VET. I’ll also share what BTC needs to do to confirm the next leg higher.
Let’s start!
The VeChain / Cardano Relationship
If you’ve followed me for a while, you probably recall the VET and ADA comparisons I made back in February and March.
VETUSDT was trading at $0.06 when I made that tweet. It turns out I was actually too conservative as VET topped out at $0.28 a month later.
I posted a similar chart when ADA was lagging VET earlier this year. Sure enough, ADA outperformed to catch up.
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