Cardano’s price has been holding strong even with recent market downturns. The upcoming Chang Hardfork could significantly improve Cardano’s scalability and governance. With 76% of ADA holders currently at a loss, there’s potential for a rebound as new updates are introduced. The cryptocurrency market has been unpredictable, but Cardano (ADA) shows signs of resilience. Despite recent losses, technical indicators suggest that ADA might soon experience a short-term reversal. Its ability to bounce back from market dips makes it an asset worth watching, especially with the upcoming Chang upgrade. Cardano’s Potential Boost with Chang Hardfork and Market Reversal The Chang Hardfork is a crucial update in Cardano’s development roadmap. With 58% of Cardano nodes already upgraded to v9.1.0, the network needs only 12% more to complete the migration and launch the upgrade. Designed to improve Cardano’s scalability and governance, the Chang Hardfork aims to make the network more robust and decentralized. Successful implementation could renew interest in ADA and potentially drive its price higher. Despite recent market downturns, Cardano’s price action shows signs of a possible reversal. Currently trading around $0.337, ADA has dropped by 16.6% over the past week. However, the appearance of a green candlestick with a long lower wick suggests a potential rebound. Key resistance levels to watch are the 50-day EMA at $0.3988 and the 200-day EMA at $0.4522. Market sentiment around Cardano remains cautiously optimistic. Data from IntoTheBlock shows that 76% of ADA holders are currently at a loss, having bought at higher prices between $1.44 and $2.97. This large proportion of holders in the red highlights the potential for a recovery, especially if the Chang Hardfork boosts positive market sentiment. In Summary Cardano’s market situation is challenging but shows signs of potential recovery. The upcoming Chang Hardfork is expected to enhance scalability and decentralization, which could restore market confidence. With 76% of ADA holders currently at a loss, there is an opportunity for a rebound, especially given the technical indicators suggesting a possible short-term reversal. Investors should monitor these developments closely, as they could impact Cardano’s price trajectory. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #ADA #Cardano
Ben, a seasoned crypto investor and educator, has shared these projections despite the current market dip. He remains optimistic about a significant rally, potentially peaking in 2025. His forecasts have sparked interest and debate among crypto enthusiasts, even though he didn't disclose the exact factors driving these targets.
Stay tuned for more insights and updates from the crypto world!
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$ORCA has confirmed its primary support near 2.3$ and moving ahead towards the next target of 5.4$ with a huge volume. If Bitcoin stays bullish, we'll reach there way earlier than expected. We've noted a 730% gain in the last rally.
The way $COTI is showing this uptrend, it looks like this rally isn't going to stop soon. The next target will be 0.16$ in a shorter timeframe which is not too difficult for it. Expecting $BTC to follow along with it. Our monitoring showed 510% gains in the last rally.
Demos fé de que va a hacer bastante alcista en el mercado , sera gran potencial en estos meses seguro🤩🤎🧞♂️
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Good News for BANANA and These 2 Altcoins from Bitcoin Exchange Binance!
Binance, the world's largest cryptocurrency exchange, continues to come to the agenda of the cryptocurrency industry with the decisions it makes. Binance shared that as of today, it has decided to increase the number of altcoins in the credit ecosystem.
According to the information received, Banana Gun (#BANANA ), Flux (#FLUX ) and Gravity (G) will be added to Binance's credit system. Here is the announcement shared by the popular stock exchange: “BINANCE HAS ADDED THE FOLLOWING LENDABLE ASSETS TO FLEXIBLE LOAN AND VIP LOAN:” FLEXIBLE CREDIT: BANANA GUN (BANANA), FLUX (FLUX) AND GRAVITY (G) VIP CREDIT: BANANA GUN (BANANA) AND GRAVITY (G)” For the latest interest rates and a full list of loanable and secured assets, please see Loan Data.
#Binance Flexible Loan is an isolated open-term loan service that allows users to complete loan orders while collateralizing cryptocurrencies in their existing subscriptions. Thanks to Flexible Loan, users can borrow cryptocurrencies without committing to a specific loan term and earn rewards at the same time. Binance VIP Loan is a loan service provided to institutional investors with competitive rates.
Here is full real story how this trader make $2M from meme coin with in few months. You can also follow his strategy to become millioner in few months.
Glauber Contessoto, a young investor who took a chance on Dogecoin. In early 2021, Glauber invested his life savings of around $250,000 into #Dogecoin , despite skepticism from his friends and family. His bold move paid off spectacularly when Dogecoin's value soared, turning his investment into over $2 million within months.
Glauber's story highlights both the potential for massive gains in the meme coin #market and the high risks involved.Initially, Glauber was drawn to Dogecoin because of its strong online community and its endorsement by high-profile figures like Elon Musk. He believed in the power of memes and social media to drive the coin's value higher.
As Dogecoin's price surged, he became a millionaire almost overnight. Despite the volatility, Glauber decided to hold onto his #Dogecoin , demonstrating his long-term belief in the cryptocurrency's potential.This story serves as a powerful reminder that while investing in meme coins can lead to extraordinary profits, it also comes with significant risks.
Investors should approach these investments with caution and be prepared for the high levels of volatility that characterize the cryptocurrency market. Glauber's success is a testament to the unpredictable nature of crypto investments and the potential for life-changing returns.
Note: Do your own research before investing . In case of any lose #MU_Traders will not responsible .
$XAI is taking the lead again. At this moment, it has affirmed its support at 0.28$ and is steadily moving towards our subsequent target of 0.52$ with substantial volume. Foreseeing Bitcoin to stay bullish concurrently. Our monitoring showed 180% gains in the last rally.
BONK is experiencing a significant upward trend, with a remarkable 21% increase. Here are key points to consider:
1. Strong Momentum: BONK is currently on a bullish run, with notable gains and positive market sentiment driving its price upward.
2. Short-Term Bearish Signals: Despite the recent surge, indicators suggest a potential short-term bearish phase. It's important to be prepared for possible price corrections.
3. Market Dynamics: Understanding the market dynamics and sentiment can help anticipate potential shifts and make informed decisions.
4. Risk Management: Implementing risk management strategies, such as setting stop-loss orders, can help protect your investment during volatile periods.
5. Long-Term Perspective: Keeping a long-term perspective on BONK can help navigate short-term fluctuations and capitalize on its overall growth potential.
As BONK continues to chase the moon, staying informed and strategic is key.
Before making investment decisions, Do Your Own Research (DYOR), assess your risk tolerance, and stay updated on market trends and technical indicators. These strategies can help you navigate the dynamic landscape of cryptocurrency investing effectively.
Révélation explosive dans le monde de la crypto ! Binance est sur le point d'aider Terra Luna !
🚀💥 Révélation explosive dans le monde de la crypto ! Binance pourrait être sur le point de transformer la donne pour Terra Luna Classic avec un soutien surprise au plan de relance de l’USTC ! 🌟 Binance, le géant des échanges crypto, semble prêt à propulser Terra Luna Classic vers de nouveaux sommets. Récemment, Diana, une figure influente au sein de Binance, a lancé une bombe sur X avec une déclaration mystérieuse : Binance pourrait bien être impliqué dans la renaissance de l'USTC ! Cette annonce a enflammé la communauté, créant une vague d'excitation et de spéculations. Mais ce n'est pas tout ! Binance a déjà marqué de son empreinte la campagne $LUNC Burn, ayant éliminé plus de 62 milliards de jetons LUNC, soit 49 % du total des brûlages communautaires. En tout, la communauté a maintenant détruit plus de 126 milliards de jetons, un véritable brasier ! 🔥 Le soutien de Binance ne s'arrête pas là. En effet, plus de 1,017 billion de jetons Terra Luna Classic (LUNC), équivalant à 70,15 millions de dollars, sont désormais en jeu, augmentant le ratio de mise de 14,83 % à 15,01 %. Malgré quelques obstacles, le soutien de Binance est crucial pour stabiliser la valeur du $LUNC et le rendre encore plus attractif. Le récent message de Diana, partagé par le célèbre membre de la communauté M. Diamondhandz1, a suscité un vent d’espoir parmi les passionnés de l’USTC. L’implication potentielle de Binance dans le plan de relance du $USTC pourrait être le catalyseur dont la communauté a besoin pour revitaliser ce jeton. Suivez l'évolution de cette histoire captivante ! #Binance #Web3 #$LUNC ❤️ Like | 💬 Comment | ↪️ Share 🚀 🔥 Please follow @Coinaute on Binance Square ! 🚀🔥 Website: coinaute.comX : Coinaute MédiaBinance Square #coinaute
$BTC La gran M que habíamos anticipado el 8 de MAYO . tardó en llegar , pero estamos en el camino .
Solo falta unas cuantas semanas más para llegar al objetivo, de 52k o de 42k ente esos precios BTC debería tener el ansiado rebote que llevaría a nuevos maximos !!!
Este atento a nuestra confirmación que estaríamos dando cuando , nos parezca que ya está el trabajo cumplido del market maker..
Por ahora será necesario que siga bajando , por que necesita liquidar muchos longs que aún están en carrera .. es por esto que volverá a bajar fuerte !!! No se asuste ! Más bien trate de tener mente fría , estar calmado, tomarse un vino , y esperar . Y si tiene dinero vaya acumulando en estas zonas BTC solamente.
Por ahora no es momento de ALT Season . Pero si usted es arriesgado puede ir tomando posiciones en algunas de las principales alts como para estar adentro del mercado en altcoins. Pero seguramente van a caer mucho más las alts ..
En la última Foto , hemos dibujado el camino que creemos que va a hacer bitcoin. Antes de hacer nuevos maximos …