Technical analysis by thesharkke about Symbol ADA: Buy recommendation (2/21/2025)

Hello,Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.The coin is currently correcting hence setting up for a good opportunity for buys. The flag pattern is a great pattern that can be used for continuation confirmation.From a fundamental perspective; Cardano has officially ratified its first-ever Constitution, marking a significant milestone in the network’s evolution toward decentralized governance. The document, shaped by months of community discussions, workshops, and input, provides a structured governance model for the ecosystem.The Constitution, which has received broad approval from DReps and the ICC, will take full effect on February 23. It aims to establish clear rules, transparency, and accountability, ensuring that ADA holders play a direct role in shaping Cardano’s future.I see an opportunity to buy this Crypto in the short term. You can access this crypto using Tradenation or any other brokers that integrate with TradingView. tradingview.com/brokers/SourcesAADAUSD/SKYLPADAUSDAADAUSD/NEWSGood luck!cardona moving as expected.