As some of you know who follow what I write, I am in crypto love with the foundation Cardano has set up for itself. 

The other day, I read about a breakthrough Cardano had. Apparently, for the first time in years Cardano has broken through resistance of the 200-day moving average. Details here: https://u.today/cardano-ada-makes-fundamental-breakthrough-first-time-in-years

For those that don't know, and I didn't until the past few months, the 200-day moving average is the average price over the past 200-days of whatever you are looking at. Here is an article that talks more about it: https://www.investopedia.com/ask/answers/013015/why-200-simple-moving-average-sma-so-common-traders-and-analysts.asp

My thoughts on this milestone, does it signify strength and suggest a bull run for Cardano? Or does is it simply a sign of a broader overall cryptocurrency market strength and improvement. I for one have believed in Cardano for the strength and way it is building itself for a long time. I believe it is undervalued by approximately 10 times.  I know given the large amount of ADA in circulation, and yet to be released, each ADA token will never be what Bitcoin is. It does not have to be for someone to do well with it. Again, these are just my thoughts, and not investment advice. 

I am surprised, but excited about the future of cryptocurrency. I mean, inflation is dropping, the market has been up over 40% on average since the beginning of 2023, and cryptocurrency is only becoming stronger as it has begun to weed out the fraudsters and criminals slowly.