The analysis, conducted on September 19th, focused on Cardano (ADA), currently priced around 90 cents. The daily ribbon indicates bullish momentum, with a contracted ribbon looking to expand higher. The 3-day time frame shows support at the top of the ribbon, having just crossed bullish. Weekly ribbon contracted, finding support at the top, signaling expansion. The monthly ribbon also shows a contracted position, signaling upward movement. All momentum implications point higher, with the analyst speculating new all-time highs. The analysis also mention Cardano being a part of the first ever multi-crypto asset ETF/ETP, which supports the long term bullish view. The analyst expects a limited correction, due to institutional onramps allowing for increased monetary influx in the cryptocurrency sector.