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#MarketPullback $DOT #Dot After 100% Bullish Rally Dot Finally On Healthy Correction Expecting Strong Bounce Back After Successful Retest Expecting 300% Bullish Wave After Successful Retest📈
#MarketPullback

$DOT
#Dot After 100% Bullish Rally Dot Finally On Healthy Correction Expecting Strong Bounce Back After Successful Retest Expecting 300% Bullish Wave After Successful Retest📈
🥹😵‍💫 ahhh
🥹😵‍💫 ahhh
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RAYAN CRYPTO OFFICIAL
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THE MOST EXPENSIVE GOODAFTERNOON of2024😳
So is the pullback is over ?!
So is the pullback is over ?!
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Bullish
#2024withbinance

Polkadot Price at Crossroads: Will Fibonacci Support Revive DOT?

Polkadot’s price decline to $6.50 has traders interpreting the dip as a buying opportunity, eyeing a potential 50% rally.

Despite bearish trends and a head-and-shoulders pattern, Polkadot’s $6 support level highlights buyer confidence and market resilience.

Polkadot (DOT) has faced a turbulent December, reflecting both challenges and opportunities. After its impressive gain of 125.75% in November, DOT’s value has been under pressure, sinking to $7.16 earlier this week. This downward movement highlights profit-taking by investors but also reveals a critical support level that traders are closely watching.

As of December 20, the Relative Strength Index (RSI) stands at 37.20, slightly above the oversold conditions. Additionally, the Stochastic Oscillator (STOCH) is at 34, reinforcing a balanced sentiment. These indicators align with analysts’ views that the cryptocurrency may be gearing up for a significant move.

Polkadot’s price entered the critical 0.5 and 0.618 Fibonacci range during its recent decline. Historically, this zone has acted as a pivot point, often leading to a resurgence in demand. On-chain data supports this, showing $1 million in spot outflow on Friday morning—marking 5 straight days of outflows from Dec. 16, according to Coinglass.
$DOT
I’m in $450 lose in neiro
I’m in $450 lose in neiro
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Long NEIRO...🚀🚀🚀
$NEIRO



Timeframe: 4H

Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area.

Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1

Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations).
Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218.

We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸

Binance Square Family...❤️‍🔥❤️‍🔥
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
#BTCNextMove Polkadot Price at Crossroads: Will Fibonacci Support Revive DOT? Polkadot’s price decline to $6.50 has traders interpreting the dip as a buying opportunity, eyeing a potential 50% rally. Despite bearish trends and a head-and-shoulders pattern, Polkadot’s $6 support level highlights buyer confidence and market resilience. Polkadot (DOT) has faced a turbulent December, reflecting both challenges and opportunities. After its impressive gain of 125.75% in November, DOT’s value has been under pressure, sinking to $7.16 earlier this week. This downward movement highlights profit-taking by investors but also reveals a critical support level that traders are closely watching. As of December 20, the Relative Strength Index (RSI) stands at 37.20, slightly above the oversold conditions. Additionally, the Stochastic Oscillator (STOCH) is at 34, reinforcing a balanced sentiment. These indicators align with analysts’ views that the cryptocurrency may be gearing up for a significant move. Polkadot’s price entered the critical 0.5 and 0.618 Fibonacci range during its recent decline. Historically, this zone has acted as a pivot point, often leading to a resurgence in demand. On-chain data supports this, showing $1 million in spot outflow on Friday morning—marking 5 straight days of outflows from Dec. 16, according to Coinglass. $DOT
#BTCNextMove

Polkadot Price at Crossroads: Will Fibonacci Support Revive DOT?
Polkadot’s price decline to $6.50 has traders interpreting the dip as a buying opportunity, eyeing a potential 50% rally.
Despite bearish trends and a head-and-shoulders pattern, Polkadot’s $6 support level highlights buyer confidence and market resilience.
Polkadot (DOT) has faced a turbulent December, reflecting both challenges and opportunities. After its impressive gain of 125.75% in November, DOT’s value has been under pressure, sinking to $7.16 earlier this week. This downward movement highlights profit-taking by investors but also reveals a critical support level that traders are closely watching.
As of December 20, the Relative Strength Index (RSI) stands at 37.20, slightly above the oversold conditions. Additionally, the Stochastic Oscillator (STOCH) is at 34, reinforcing a balanced sentiment. These indicators align with analysts’ views that the cryptocurrency may be gearing up for a significant move.
Polkadot’s price entered the critical 0.5 and 0.618 Fibonacci range during its recent decline. Historically, this zone has acted as a pivot point, often leading to a resurgence in demand. On-chain data supports this, showing $1 million in spot outflow on Friday morning—marking 5 straight days of outflows from Dec. 16, according to Coinglass.
$DOT
Is not listed yet, wait till listing then you can sell or convert
Is not listed yet, wait till listing then you can sell or convert
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Marlon Taube RpQa
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$APE i received mokey token ....
Same amount
Same amount
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Marlon Taube RpQa
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$APE i received mokey token ....
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Bearish
#MarketCorrectionBuyOrHODL Is this a normal correction guys?! Am holding these coins Dot Ape ADA ONT LOCKA AR DYDX NEIRO NEO and I’m already in $400 lose What do you think?! Hold or sell
#MarketCorrectionBuyOrHODL

Is this a normal correction guys?!
Am holding these coins
Dot
Ape
ADA
ONT
LOCKA
AR
DYDX
NEIRO
NEO
and I’m already in $400 lose
What do you think?!
Hold or sell
#MarketCorrectionBuyOrHODL? Is this a normal correction guys?! Am holding these coins Dot Ape ADA ONT LOCKA AR NEIRO NEO and I’m already in $400 lose What do you think?!
#MarketCorrectionBuyOrHODL?

Is this a normal correction guys?!
Am holding these coins
Dot
Ape
ADA
ONT
LOCKA
AR
NEIRO
NEO
and I’m already in $400 lose

What do you think?!
Hold
78%
Sell
22%
1205 votes • Voting closed
#CryptoUsersHit18M $NEIRO “ not an investment advice “ - Eth. Is doing very well compared to solana according to btc. Bullish wave. - According to alt coin season it didn’t start yet guys don’t panic. - neiro is the 1st on eth. Network. From the above little simple info. For intermediate investors or traders hold hold hold hold …. Don’t panic we face many falling knives then after all of this patience you have two options. 1- buy the dip if you could afford it. 2 - don’t sell then regret being pessimistic. “ just hold “ Dip after a dip after a dip leads to new liquidity. Good luck buyers.
#CryptoUsersHit18M

$NEIRO “ not an investment advice “
- Eth. Is doing very well compared to solana according to btc. Bullish wave.
- According to alt coin season it didn’t start yet guys don’t panic.
- neiro is the 1st on eth. Network.
From the above little simple info. For intermediate investors or traders hold hold hold hold …. Don’t panic we face many falling knives then after all of this patience you have two options.
1- buy the dip if you could afford it.
2 - don’t sell then regret being pessimistic.
“ just hold “
Dip after a dip after a dip leads to new liquidity.
Good luck buyers.
#MarketNewHype Charles Hoskinson Releases Cardano (ADA) Roadmap for 2025 Cardano (ADA) founder Charles Hoskinson has shared the altcoin’s network governance roadmap for 2025. $ADA
#MarketNewHype

Charles Hoskinson Releases Cardano (ADA) Roadmap for 2025
Cardano (ADA) founder Charles Hoskinson has shared the altcoin’s network governance roadmap for 2025.
$ADA
#BitcoinKeyZone Bitcoin Back at $100K: Rally or Consolidation? $BTC has once again reached the critical $100,000 level, sparking debate among investors about whether this marks the beginning of a new rally or merely temporary consolidation. Market Sentiment: Retail investors are cautiously optimistic, with many expecting a breakout above $100,000. Institutional investors, however, remain divided, with some viewing this as a buying opportunity and others awaiting further confirmation. Historical Context: Previous instances where Bitcoin approached or surpassed major price milestones have often been followed by significant price movements. For example, when Bitcoin first reached $1,000 in 2013, it subsequently rose to nearly $1,200 before correcting. Similarly, when Bitcoin reached $10,000 in 2017, it went on to reach nearly $20,000 before experiencing a sharp correction.
#BitcoinKeyZone

Bitcoin Back at $100K: Rally or Consolidation?
$BTC has once again reached the critical $100,000 level, sparking debate among investors about whether this marks the beginning of a new rally or merely temporary consolidation.
Market Sentiment:
Retail investors are cautiously optimistic, with many expecting a breakout above $100,000. Institutional investors, however, remain divided, with some viewing this as a buying opportunity and others awaiting further confirmation.
Historical Context:
Previous instances where Bitcoin approached or surpassed major price milestones have often been followed by significant price movements. For example, when Bitcoin first reached $1,000 in 2013, it subsequently rose to nearly $1,200 before correcting. Similarly, when Bitcoin reached $10,000 in 2017, it went on to reach nearly $20,000 before experiencing a sharp correction.
#BTCReclaims101K So we are in a recovery phase and there won’t be any more declines for a few weeks? Well, the market has already scared enough investors and liquidated thousands of accounts, and there won’t be as many people trusting the market as there were last week. Everyone is now afraid of another decline, and no one is getting into highly leveraged long positions. (The goal now is to liquidate people who have short positions 👀) And that’s exactly what this decline was for, to get as many people out of the market, and to get rid of as many losses that the major exchanges will pay if the market continues to rise and everyone wins. Another decline now makes no sense because there won’t be as many people to liquidate as before and it could be expensive. They want to scare people and make them lose, but they don’t want them to give up. They are smart, they work smart and whenever there is fear in the market, they will make you feel hopeful again and trust the market before they make another decline. For me, even though I'm not a person, this is how I see the market, and this is how it should be. It's time to buy the dip before it's too late.
#BTCReclaims101K

So we are in a recovery phase and there won’t be any more declines for a few weeks?
Well, the market has already scared enough investors and liquidated thousands of accounts, and there won’t be as many people trusting the market as there were last week. Everyone is now afraid of another decline, and no one is getting into highly leveraged long positions. (The goal now is to liquidate people who have short positions 👀)
And that’s exactly what this decline was for, to get as many people out of the market, and to get rid of as many losses that the major exchanges will pay if the market continues to rise and everyone wins.
Another decline now makes no sense because there won’t be as many people to liquidate as before and it could be expensive. They want to scare people and make them lose, but they don’t want them to give up. They are smart, they work smart and whenever there is fear in the market, they will make you feel hopeful again and trust the market before they make another decline.
For me, even though I'm not a person, this is how I see the market, and this is how it should be. It's time to buy the dip before it's too late.
#MajorAirdropWatch $NEIRO possibility of 60% profit for the next few days. As soon as it breaks the descending wedge the price goes up to 30 easily, take the opportunity to buy as soon as there is time. About purchases, you should divide all your capital into at least 3 purchases to get a good average price over the days. The market is tricky. If you have money when the market falls, you are king! LOL For those who are going to position themselves now in Neiro, they will make good money 💵💵💵😱🤑
#MajorAirdropWatch

$NEIRO possibility of 60% profit for the next few days.
As soon as it breaks the descending wedge the price goes up to 30 easily, take the opportunity to buy as soon as there is time.
About purchases, you should divide all your capital into at least 3 purchases to get a good average price over the days. The market is tricky. If you have money when the market falls, you are king! LOL
For those who are going to position themselves now in Neiro, they will make good money 💵💵💵😱🤑
#2024WithBinance 💎 CARDANO $ADA : THE SLEEPING GIANT READY TO AWAKEN? 💎 Cardano ($ADA ) holders, it’s time to pay attention! Something BIG might be on the horizon for this powerhouse blockchain! 🌐 🌟 Why is Cardano in the spotlight? 🔹 Game-changing tech with hydra scaling and smart contract upgrades, ADA is positioning itself as a serious contender in DeFi and beyond. 🔹 For partnership potential, could a new collaboration take Cardano to the next level? Charles Hoskinson isn’t one to sit idle. 🔹 Market undervaluation? With ADA at current prices, are we staring at one of the most undervalued assets in crypto? The stage is set for Cardano to make its next move. Will you be ready when it does? 🚀 🔥 Join the conversation, stay informed, and FOLLOW us for real-time insights and updates!
#2024WithBinance

💎 CARDANO $ADA : THE SLEEPING GIANT READY TO AWAKEN? 💎
Cardano ($ADA ) holders, it’s time to pay attention!
Something BIG might be on the horizon for this powerhouse blockchain! 🌐
🌟 Why is Cardano in the spotlight?
🔹 Game-changing tech with hydra scaling and smart contract upgrades, ADA is positioning itself as a serious contender in DeFi and beyond.
🔹 For partnership potential, could a new collaboration take Cardano to the next level? Charles Hoskinson isn’t one to sit idle.
🔹 Market undervaluation? With ADA at current prices, are we staring at one of the most undervalued assets in crypto?
The stage is set for Cardano to make its next move.
Will you be ready when it does? 🚀
🔥 Join the conversation, stay informed, and FOLLOW us for real-time insights and updates!
#ETHOnTheRise With the broader market paying attention to the XRP price rally as it crossed above the Solana and USDT in terms of market cap, the Ethereum price is struggling to sustain a bull run. Further, the intraday drop of 2.54% brings the Ethereum price closer to the $3600 psychological support. With its market cap hinging at $435 billion, will Ethereum crash and lose to the XRP rally? Let’s find out in this Ethereum price prediction. Ethereum Price Analysis In the 4H chart, the ETH price action showcases a broadening wedge, showcasing a massive rising channel pattern at play. However, the higher-high formation in the bullish channel fails to surpass the critical resistance at $3,750, resulting in a bearish turnaround with a dome-shaped reversal. Tradingview The ETH price is now back at $3,615. The intraday pullback comes with a higher price action from the R1 pivot resistance level at $3,759. Currently, the Ethereum price is making its fifth consecutive bearish candle in the 4-hour chart and inching closer to the nearest pivot support at $3,570. The bearish turnaround has broken under the 20-EMA in the 4-hour chart. Further, it has recorded an intraday pullback of 2.54%, the new negative cycle within the rising channel pattern. Technical Indicators: EMA: The Ethereum Price is inching closer to the 50-EMA at $3,551. With the dynamic average lines in the 4-hour chart maintaining a positive trend in a bullish alignment, the altcoin is likely to prolong its bullish rally. Will Ethereum Price Hit $4,000? However, in the next 24 hours, the crucial support levels near $3,550 will play a massive role in determining the Ethereum Price trend. A bullish reversal from the rising support trendline will retest the $3,759 with a V-shaped recovery.
#ETHOnTheRise

With the broader market paying attention to the XRP price rally as it crossed above the Solana and USDT in terms of market cap, the Ethereum price is struggling to sustain a bull run.
Further, the intraday drop of 2.54% brings the Ethereum price closer to the $3600 psychological support. With its market cap hinging at $435 billion, will Ethereum crash and lose to the XRP rally? Let’s find out in this Ethereum price prediction.
Ethereum Price Analysis
In the 4H chart, the ETH price action showcases a broadening wedge, showcasing a massive rising channel pattern at play. However, the higher-high formation in the bullish channel fails to surpass the critical resistance at $3,750, resulting in a bearish turnaround with a dome-shaped reversal.
Tradingview
The ETH price is now back at $3,615. The intraday pullback comes with a higher price action from the R1 pivot resistance level at $3,759. Currently, the Ethereum price is making its fifth consecutive bearish candle in the 4-hour chart and inching closer to the nearest pivot support at $3,570.
The bearish turnaround has broken under the 20-EMA in the 4-hour chart. Further, it has recorded an intraday pullback of 2.54%, the new negative cycle within the rising channel pattern.
Technical Indicators:
EMA: The Ethereum Price is inching closer to the 50-EMA at $3,551. With the dynamic average lines in the 4-hour chart maintaining a positive trend in a bullish alignment, the altcoin is likely to prolong its bullish rally.
Will Ethereum Price Hit $4,000?
However, in the next 24 hours, the crucial support levels near $3,550 will play a massive role in determining the Ethereum Price trend. A bullish reversal from the rising support trendline will retest the $3,759 with a V-shaped recovery.
#BSCOnTheRise #ont I have been doing some really about this coin, and I have come to say I think it’s worth holding a decent amount till the first quarter of 2025. Some advice would be helpful, do you think this one has the potential to reach $4 as you can see there is a fair value gap in the monthly time frame it hasn’t been filled yet the market doesn’t went back to that zone since it came down, in addition to the all time highs of $11 I really appreciate your thoughts, advice and comments, feel free to quote me.
#BSCOnTheRise

#ont I have been doing some really about this coin, and I have come to say I think it’s worth holding a decent amount till the first quarter of 2025.

Some advice would be helpful, do you think this one has the potential to reach $4 as you can see there is a fair value gap in the monthly time frame it hasn’t been filled yet the market doesn’t went back to that zone since it came down, in addition to the all time highs of $11

I really appreciate your thoughts, advice and comments, feel free to quote me.
$4
67%
less
33%
Higher
0%
6 votes • Voting closed
#AIAndGameFiBoom Polkadot (DOT) has already reached an impressive $55 All-Time High (ATH) in November 2021, cementing its position as one of the leading blockchains in the market. Currently priced at around $8.75 (at press time), it has massive growth potential to not only reach its ATH but possibly surpass it in the upcoming altseason. If DOT returns to $55, it would represent a 6.28x gain on its current price — and if it surpasses that mark, the return could be even greater. Why Polkadot Could Explode in the 2024/2025 Cycle? Interoperability as a Central Trend: Polkadot was designed to solve one of the biggest problems in the blockchain space:fragmentation. It connects different blockchains through itsparachains, creating an interoperable and scalable ecosystem. High Demand for DOT Token: Parachain Auctions: Projects compete for limited slots on the network by locking up large amounts of DOT, which reduces the circulating supply. Staking: Over 50% of the DOT supply is staked, promoting price stability and incentivizing participation in network security.
#AIAndGameFiBoom

Polkadot (DOT) has already reached an impressive $55 All-Time High (ATH) in November 2021, cementing its position as one of the leading blockchains in the market. Currently priced at around $8.75 (at press time), it has massive growth potential to not only reach its ATH but possibly surpass it in the upcoming altseason. If DOT returns to $55, it would represent a 6.28x gain on its current price — and if it surpasses that mark, the return could be even greater.
Why Polkadot Could Explode in the 2024/2025 Cycle?
Interoperability as a Central Trend:
Polkadot was designed to solve one of the biggest problems in the blockchain space:fragmentation. It connects different blockchains through itsparachains, creating an interoperable and scalable ecosystem.
High Demand for DOT Token:
Parachain Auctions: Projects compete for limited slots on the network by locking up large amounts of DOT, which reduces the circulating supply.
Staking: Over 50% of the DOT supply is staked, promoting price stability and incentivizing participation in network security.
$BTC According to U.Today, Cardano (ADA) has experienced significant volatility, crossing the $1 mark multiple times in recent days. CoinMarketCap data indicates that ADA reached a peak of $1.11 on several occasions before falling below the $1 threshold shortly after. This fluctuation highlights the intense volatility currently present in the cryptocurrency market. Investors in Cardano had anticipated a substantial price increase during the ongoing bull market. While some hoped for ADA to stabilize above $1, others expected it to test the $1.50 resistance level. However, the broader market sentiment, influenced by Bitcoin's performance, seems to have impacted Cardano's expected rally. Bitcoin, the leading cryptocurrency, has not yet breached the anticipated $100,000 mark, which has affected the confidence of investors in altcoins like Cardano. As a result, Cardano investors are hesitant to invest more in ADA, given Bitcoin's stalled rally. At the time of writing, ADA is trading at $0.9949, marking a 2.08% decrease over the past 24 hours. The coin has experienced wild fluctuations, trading as high as $1.03 and dropping to a low of $0.9852. Despite attempts to rebound, ADA struggles to turn the $1 resistance into support, indicating that volatility remains a significant factor in the market. Before this recent price performance, ADA last crossed the $1 mark in April 2022. The positive market sentiment that has driven its price to new levels this month appears insufficient to maintain its momentum. According to an earlier report by U.Today, analysts have used the Fibonacci sequence to predict potential levels ADA could reach in the current bull market, with $2.453 identified as a major target. For now, investors are in a waiting game, hoping for a sustained positive shift in ADA's price.
$BTC

According to U.Today, Cardano (ADA) has experienced significant volatility, crossing the $1 mark multiple times in recent days. CoinMarketCap data indicates that ADA reached a peak of $1.11 on several occasions before falling below the $1 threshold shortly after. This fluctuation highlights the intense volatility currently present in the cryptocurrency market. Investors in Cardano had anticipated a substantial price increase during the ongoing bull market. While some hoped for ADA to stabilize above $1, others expected it to test the $1.50 resistance level. However, the broader market sentiment, influenced by Bitcoin's performance, seems to have impacted Cardano's expected rally.
Bitcoin, the leading cryptocurrency, has not yet breached the anticipated $100,000 mark, which has affected the confidence of investors in altcoins like Cardano. As a result, Cardano investors are hesitant to invest more in ADA, given Bitcoin's stalled rally. At the time of writing, ADA is trading at $0.9949, marking a 2.08% decrease over the past 24 hours. The coin has experienced wild fluctuations, trading as high as $1.03 and dropping to a low of $0.9852. Despite attempts to rebound, ADA struggles to turn the $1 resistance into support, indicating that volatility remains a significant factor in the market.
Before this recent price performance, ADA last crossed the $1 mark in April 2022. The positive market sentiment that has driven its price to new levels this month appears insufficient to maintain its momentum. According to an earlier report by U.Today, analysts have used the Fibonacci sequence to predict potential levels ADA could reach in the current bull market, with $2.453 identified as a major target. For now, investors are in a waiting game, hoping for a sustained positive shift in ADA's price.
#ThanksgivingBTCMoves According to U.Today, Cardano (ADA) has experienced significant volatility, crossing the $1 mark multiple times in recent days. CoinMarketCap data indicates that ADA reached a peak of $1.11 on several occasions before falling below the $1 threshold shortly after. This fluctuation highlights the intense volatility currently present in the cryptocurrency market. Investors in Cardano had anticipated a substantial price increase during the ongoing bull market. While some hoped for ADA to stabilize above $1, others expected it to test the $1.50 resistance level. However, the broader market sentiment, influenced by Bitcoin's performance, seems to have impacted Cardano's expected rally. Bitcoin, the leading cryptocurrency, has not yet breached the anticipated $100,000 mark, which has affected the confidence of investors in altcoins like Cardano. As a result, Cardano investors are hesitant to invest more in ADA, given Bitcoin's stalled rally. At the time of writing, ADA is trading at $0.9949, marking a 2.08% decrease over the past 24 hours. The coin has experienced wild fluctuations, trading as high as $1.03 and dropping to a low of $0.9852. Despite attempts to rebound, ADA struggles to turn the $1 resistance into support, indicating that volatility remains a significant factor in the market. Before this recent price performance, ADA last crossed the $1 mark in April 2022. The positive market sentiment that has driven its price to new levels this month appears insufficient to maintain its momentum. According to an earlier report by U.Today, analysts have used the Fibonacci sequence to predict potential levels ADA could reach in the current bull market, with $2.453 identified as a major target. For now, investors are in a waiting game, hoping for a sustained positive shift in ADA's price.
#ThanksgivingBTCMoves

According to U.Today, Cardano (ADA) has experienced significant volatility, crossing the $1 mark multiple times in recent days. CoinMarketCap data indicates that ADA reached a peak of $1.11 on several occasions before falling below the $1 threshold shortly after. This fluctuation highlights the intense volatility currently present in the cryptocurrency market. Investors in Cardano had anticipated a substantial price increase during the ongoing bull market. While some hoped for ADA to stabilize above $1, others expected it to test the $1.50 resistance level. However, the broader market sentiment, influenced by Bitcoin's performance, seems to have impacted Cardano's expected rally.
Bitcoin, the leading cryptocurrency, has not yet breached the anticipated $100,000 mark, which has affected the confidence of investors in altcoins like Cardano. As a result, Cardano investors are hesitant to invest more in ADA, given Bitcoin's stalled rally. At the time of writing, ADA is trading at $0.9949, marking a 2.08% decrease over the past 24 hours. The coin has experienced wild fluctuations, trading as high as $1.03 and dropping to a low of $0.9852. Despite attempts to rebound, ADA struggles to turn the $1 resistance into support, indicating that volatility remains a significant factor in the market.
Before this recent price performance, ADA last crossed the $1 mark in April 2022. The positive market sentiment that has driven its price to new levels this month appears insufficient to maintain its momentum. According to an earlier report by U.Today, analysts have used the Fibonacci sequence to predict potential levels ADA could reach in the current bull market, with $2.453 identified as a major target. For now, investors are in a waiting game, hoping for a sustained positive shift in ADA's price.
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