Popular investor Jeremie Davinci, who started buying Bitcoin when it wasn’t even $1, announced his new hunt. According to what he said recently, he wants to sell Cardano and buy meme coin.
“I will sell Cardano (ADA) for these two coins…”
Davinci Jeremie is known in the crypto community for encouraging investors to buy Bitcoin back in 2013. On May 9, 2013, he posted a video on YouTube asking investors to buy at least $1 worth of BTC. Jeremie says he will now sell Cardano and buy new coins.
The Shiba Inu community was cheered today by Jeremie Davinci’s Cardano gospel. Community account ‘SHIB Bezos’ recalled what Davinci had said recently in a tweet he shared yesterday. In the related video, Davinci says he will sell Cardano and buy Dogecoin and Shiba Inu.
REMEMBER
Early Bitcoin Investor Turned Millionaire Davinci Jeremie saying:
“ I’m gonna be selling my CARDANO for my #SHIBA “. $SHIB #SHIB #SHIBA #ShibaInu #Shibarium #SHIBARMY #ShibaArmy #SHIBARMYSTRONG 💪 #SHIBDELETEAZERO https://t.co/DlHYz8N6r7 pic.twitter.com/xx8WxEmL4H
— SHIB Bezos (@BezosCrypto) April 30, 2023
Meanwhile, when Davinci was asked about his next move, he said he would hold Bitcoin and sell his Cardanos to buy SHIB and DOGE. The early Bitcoin investor had previously made supportive statements about meme coins.
Davinci Jeremie’s SHIB and DOGE support
Last year, Davinci wrote that he sold all of his crypto except SHIB and DOGE. When 2023 began, he succinctly replied “SHIB” to a tweet asking a crypto investor what he should spend his USDT on.
The crypto millionaire did not provide further details about his choice to leave Cardano. Meanwhile, loyal ADA investors are gearing up for new opportunities after being rejected from critical resistance.
Cardano encounters resistance at $0.4200: Bulls are targeting these points
Cardano bulls faced strong resistance at $0.4200 yesterday and the area is attracting the attention of sellers. ADA price got off to an unsettling start to Q2 2023, clearing all gains from April. Especially in the first half of April, ADA increased by about 25% from 0.3700 to $0.4614.
However, gains faded in the second half of April after ADA retested the bearish order block and the $0.3700-$0.3800 support range. cryptocoin.comWe have included the current levels that should be followed this week in this article.
On the other hand, liquidations on April 29 fluctuated between long and short positions, according to Coinglass data. This shows that there is a neutral atmosphere in the futures market. Analyst Suzuki Shillsalot, who interprets the current price movements and indicators, shares the levels that the bulls will target in the short term:
ADA could retest the range support and the April demand zone at $0.3700-$0.3800. The retest could present new buying opportunities, especially if ADA rises to or above $0.4200. However, it could slow any rise above $0.4251 – $0.4333 and $0.4200. Conversely, if support is broken, ADA could drop to $0.3490 or lower, breaking the bullish sentiment.
