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Rally Stalls: Pullback To Key Support Suggests Correction As prices backtrack, Solana's big advance may drop around $209.9 support. After positive advances, market dynamics and profit-taking affect its rise. This retreat pauses the positive trend, with traders and investors looking for recovery or further loss. Solana's ability to maintain the $209.9 support zone will likely dictate its next price move. A defense might revive purchasing activity and lead to a rise, while a violation of this support could cause further declines and affect market mood. Solana Could Fall To $209.9 After the $223 fall, bears overcame bulls and drove the stock near $209.9 support. The market is selling more as bears try to decrease the price. Bulls' inability to keep prices above $223 casts doubt on their upswing. Markets are at a key point with $209.9 support in focus. If the price breaks this level, a long correction may follow. However, if the bulls maintain support and recover control, the market may consolidate and surge again. The bulls and bears are presently fighting over this support zone, and the next price action will likely indicate the asset's direction. Traders should be alert as this test might affect short-term price movement. The surge may be losing speed, as the RSI shows a minor bearish divergence and buying pressure slows. Bulls may consolidate and ready for a recovery if the market retraces below $209.9. Assessing Key Price Support and Resistance Zones Predicting price movement requires assessing important support and resistance zones. Here, $209.9, $194, and $164 support levels are crucial. If prices plummet, these levels may cushion further dips. If $209.9 fails, $194 and $164 may indicate a deeper downturn. Once bulls recover control at $209.9, $240 and $260 are important resistance zones. Breaking $240 barrier would likely cause a price spike toward $260. Breaking these hurdles might imply a longer rise and ongoing strength. #Solana #SOL #solana $SOL
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What does Cardano whales buying 10 million ADA tokens in 24 hours mean? Large wallet investors' Cardano stockpiling suggests ADA rises on Tuesday. In the previous 24 hours, whales with 1 million to 10 million Cardano coins added 10 million ADA. After falling almost 2% on Tuesday, ADA has gained over 24% in the last week. Cardano (ADA) falls 2% on Tuesday as traders take profits. Large altcoin wallet investors are rapidly collecting the token. It's usually a good sign for Cardano and might help it rebound. If Cardano's price keeps rising, experts expect a positive breakthrough. These triggers may drive Cardano's surge. Santiment on-chain data suggests whales with 1 million to 10 million ADA coins have 10 million Cardano in their wallet addresses. Between Monday and Tuesday, whales bought ADA tokens. Network realized profit/loss (NPL) is a significant on-chain indicator that tracks all tokens' net profit/loss each day. Tuesday saw a huge jump in NPL but no increase in whale trades above $100,000. While ADA holders benefit, whales may be accumulating and regular traders profit. Whale wallet holdings have increased despite profit-taking, implying regular traders or tiny ADA investors made profits. Cardano prepares for a bullish breakthrough In an exclusive FXStreet interview, Bitget Research Chief Analyst Ryan Lee said: “Market consolidation after recent gains, broader market sentiment, and Cardano's measured ecosystem growth have stalled its price rally around $1.10. This pause might lead to a positive breakthrough if the price breaks $1.40 or a negative shift if it fails to sustain support. Lee cited DeFi ecosystem growth, network upgrades, and prominent collaborations as affecting the altcoin's direction. Bitcoin and regulatory changes might affect ADA's price. In the medium term, a breakthrough indicates ongoing rising momentum, whereas a drop may indicate retracement, he added. #ADA #BTC100KTrumpEffect #BullCyclePrediction #MicroStrategyAcquiresBTC #TrumpBTCBoomOrBust $ADA $BTC $ETH
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DOGE traders deposit $1.2B as Macron challenges Musk Dogecoin falls 3% from last week's high at $0.40 on Tuesday. Emmanuel Macron accused Elon Musk of interference before German Parliamentary elections. DOGE spot traders are apprehensive due to Musk's memecoin impact. In the previous 24 hours, futures traders established $1.2 billion in fresh bets, pushing DOGE open interest beyond $4 billion. Dogecoin consolidates below $0.40 on Tuesday after France's President Emmanuel Macron addressed Elon Musk election tampering charges on Monday. France President files accusations against Elon Musk as Dogecoin pauses at $0.40 amid bitcoin rise. On Tuesday, Emmanuel Macron's charges against Elon Musk keep Dogecoin below $0.40. The French President accused Musk of influencing German elections with X. Over the last three days, the DOGE price has held inside the $0.35–$0.40 tight zone, indicating trader reluctance. In the future sessions, DOGE traders may respond knee-jerk due to Musk's previous impact. In anticipation of market volatility, DOGE traders deposit $1.2B. Macron's Musk charges have garnered media attention, but speculative traders are preparing for market instability. Markets data reveals DOGE traders created a lot of new positions within 24 hours of the announcement. Dogecoin open interest rose from $2.89 billion on Sunday to $4.07 on Tuesday. This reveals that DOGE traders opened $1.18 billion in fresh positions within 24 hours of Macron's Musk claim. More so, if Elon Musk successfully contradicts Macron's claims and changes the narrative, DOGE traders may become optimistic. BTC surging over $100,000 might boost market confidence and drive it beyond $0.40. Speculators predict a $0.50 breakout for DOGE, which climbed 28% in the first five days of 2025 but has yet to breach over $0.40. After Macron accused Musk, DOGE traders heaped $1.18 billion inflows, signaling hope for a $0.50 breakout. If these circumstances hold, a persistent DOGE price close over $0.41 might lead to $0.50. #DOGE #Dogecoin #ElonMusk $DOGE
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X getting Dogecoin payments? What We Know So Far Recent improvements have revived Dogecoin payments on the X payment. A newly disclosed code hints the X payments debut is approaching. Dogecoin Payments Rumors Rise Amid X Money Launch The anticipated X money launch has sparked discussions regarding Dogecoin payments on X. Tech enthusiast Aaron recently revealed a code in an X article revealing that X wants to launch X money in the US before gaining clearance in all 50 states. The social networking platform has 38 state payment transmitter licenses. Earlier, American entrepreneur Alex Finn said X will start its payment service without governmental permission. X CEO Linda Yaccarino said that ‘X Money’ would debut this year. The crypto community is again discussing adding Dogecoin payments into X Money ahead of its debut. Musk loves Dogecoin, so this is possible. His book suggested crypto integration for his ‘Everything app’ proposal, which would become X Money. The world's wealthiest billionaire may also fight for DOGE inclusion on the payment service after his manipulation case was withdrawn last year. Musk has even named a new US agency (Department of Government Efficiency) after DOGE, the meme coin's ticker. Thus, the world's wealthiest guy wouldn't approve Dogecoin payments on X. DOGE Turning Bullish? DOGE seems to be bullish again amid Dogecoin payment speculations. KrissPax said that the meme coin is rising this month with a bullish engulfing green candle. The expert said Dogecoin's current price behavior is similar to May 2024, when DOGE was in the green but didn't break April's red candle, causing a further slump. The crypto expert observed Dogecoin's 25% January gain. If DOGE closes over $0.422, prices might rise in February, he said. Dogecoin is now selling at $0.39, up over 2% in 24 hours, according to CoinMarketCap. #DOGE #ElonMusk #Dogecoin #X $DOGE
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