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Ben for years said ADA was far superior to SOL.  The SOL haters are turning fast.

Quick TLDR on the article

  • Benjamin Cowen, a popular cryptocurrency analyst, has compared Solana's current trajectory to Cardano's price path back in 2019.
  • Cowen noted that Solana has been "a bit more resilient" than some of its peer altcoins, despite the heavy capitulation it experienced towards the close of 2022.
  • Solana, which is the 10th-ranked crypto asset by market capitalization, marked a low earlier this year. Following this, it surged to achieve a high and then "swept the high." This pattern has sparked a comparison with Cardano's performance in 2019.
  • Cowen believes that Solana could follow a similar path to Cardano, meaning that it could "sweep the low" and then experience a more sustained and bullish run.
  • As of this report, SOL is trading at $24.20. The cryptocurrency has exhibited a bullish trend recently, with an uptick of nearly 5% within the last 24 hours.

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Benjamin Cowen Speculates on Solana's Path: Echoes of Cardano's 2019 Bear Market Turnaround? | SolanaFloor News

Cryptocurrency analyst Benjamin Cowen draws parallels between Solana's current trajectory and Cardano's 2019 pattern. Noting Solana's resilience, Cowen speculates SOL might "sweep the low" similar to ADA's past performance before making a potential bullish run. Solana is trading at $24.20.

Comments

Anonymous

I only have a certain amount of hrs in my life and Ben Cowan is a complete waste of time unless you use him as an example of what you do not want to be like. He is myopic and stubborn to the point it hurt his decision making on SOL. Best of luck to him and glad he is able to pivot but I do not waste my precious time on him.

Anonymous

PhDs seem to be like that......Lock them in a room with an equation is how we should generally treat them lol

Anonymous

What a sad person Ben is.

Anonymous

Sol overtook Cardano a long time ago, but James was the only one to realize it. He stated the case well, and I've been holding strong through the thick and thin.

Anonymous

Awesome stuff. I started watching Ben in 2020 and learned a ton still think it's a solid channel really helped me through the dip in 2021 but personally I chose to stop watching last winter. He did a video on TSLA when it was down in the lower 100's and talked about how it would go way lower. The problem was it was ALL based on charts. We all know what happened. Not only did it rocket up but within WEEKS. I do believe it's important to hear from "the other side" on any issue, but I let the FEAR (never good in investing) grip me a little too much and while thankful I didn't sell stock (even grabbed a few more shares with "money behind the couch"), I could have been more bold to WAIT to sell calls on my TSLA options position. I sold partly for income but also to protect myself against the downside but DAMN it's laughable to think about selling $130 strikes on TSLA now. I rolled out of those and still have my position but missed out on LOADS of alpha. I tell this as a reminder to myself and others: listen to others but stand by your original data-driven convictions and keep emotion out of investing...and maybe what videos you click on.

Anonymous

Side note to say something positive about Ben: I really love his "no frills" approach to youtube (even telling people to piss off when they complain about his kids stomping in the background). IA, although a little more professional, has a similar vibe to me in the sense it is focused on knowledge and data, not all the frills. This is so refreshing to watching while traditional media, which is basically ONLY frills, crumbles.

Anonymous

I don't watch Ben - I like my data, KPM and edutainment to be more positive and much prefer James' passion and content delivery.

Anonymous

Well I sincerely hope it goes past $80 first so I can sell and recover. Otjerwise it will be another loss.

Anonymous

OMG this guy is a smart guy who has always been a btc, cardano bull so.....

Anonymous

Why are you two not collaborating anymore?