ADA is currently consolidating within a descending triangle pattern, trading below the resistance trendline. The 100 moving average is providing support, while the Ichimoku Cloud is acting as a resistance barrier.
A strong breakout above the resistance trendline would confirm a bullish move. However, there is also the possibility of a rejection at the current price level, which could lead to further downward pressure.
VIP Market #Xrp🔥🔥 XRP has broken out of the ascending triangle pattern and is currently retesting above the breakout level. A successful retest would provide strong bullish confirmation, indicating continued upward momentum.
However, if a candle closes below the key horizontal support level, it would signal a potential market correction, suggesting a reversal or pause in the bullish trend. ➖➖➖➖➖➖➖ #BitcoinKeyZone #MarketMajorComeback
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Why Cosmos? - Known as the "Internet of Blockchains," Cosmos enables seamless communication between blockchains. - It’s home to a growing DeFi ecosystem, fostering innovation and adoption. - Cosmos’ modular architecture makes it a key player in the future of blockchain interoperability. ---