FAN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade SuperFans.Tech is Raydium, where the most active trading pair FAN/USDC has a trading volume of $108,711 in the last 24 hours.
What is the daily trading volume of SuperFans.Tech (FAN)? The trading volume of SuperFans.Tech (FAN) is $108,711 in the last 24 hours, representing a -12.90% decrease from one day ago and signalling a recent fall in market activity. For Claim Goto official Page of this token Thank you Support me With Minimum TIP
..Cardano (ADA) Price Breakout Above $0.60 Opens Gates for Mega Bullrun to $8
As per historical and cyclical pattern, the Cardano price is set for an impressive bull run to $8 over the next year. STORY HIGHLIGHTS
Cardano (ADA) Price Breakout Hints A 13x Rally By January 2025.
Cardano's stablecoin ecosystem also marks impressive growth outperforming its peers.
Cardano (ADA) is making bold moves to the upside amid the broader market rally this week. At press time, the ADA price is up by 3.87% trading at $.0.6034 with a market cap of $12.3 billion. Over the last week, the Cardano p[rice has surged by 14% with more coming ahead.
Cardano (ADA) Price Rally to $8
In a recent analysis, cryptocurrency analyst Ali Martinez suggests that Cardano (ADA) could be on the brink of a breakout sooner than anticipated. Drawing parallels from historical patterns, Martinez anticipates a potential surge in ADA’s price trajectory, with projections indicating a climb to $0.80 in the near term. However, Martinez emphasizes a cyclical pattern, forecasting a subsequent retracement to around $0.60 before embarking on a bullish ascent towards $8 by January 2025.
Cardano’s native cryptocurrency ADA has very much participated in the broader market rally by gaining nearly 50% over the last year. The ADA trading volume shows that the bulls are in charge of the momentum. Over the last 24 hours, the ADA trading volume surged by 22% to $767 million
The major reason behind the bullish price expectations in Cardano is the overall growth of its ecosystem. The blockchain’s decentralized finance (DeFi) ecosystem registered strong growth during the last quarter of 2023.
According to Messari’s report, Cardano’s Total Value Locked (TVL) surged by 166% quarter-over-quarter (QoQ) and an impressive 693% year-over-year (YoY). The report, cited in a post on X, attributes this substantial growth in Cardano’s ecosystem to its collaborations with established protocols such as Indigo and Minswap. Indigo, a decentralized , a leading Decentralized Exchange (DEX) within th ecosystem. #Write2Earn
This trading pattern “squeezes” the chart between two lines – a support line and a resistance line. Within the lines, the price can go up and down several times; a breakthrough is considered to be the chart exiting below the support line or above the resistance line. In the first case it is a sale, in the second it is a purchase.
Rising wedges are bearish signals that develop when a trading range narrows over time but has a clear upward slope. This means that, unlike ascending triangles, both subsequent lows and subsequent highs in a wedge pattern will rise as the trading range narrows towards the top of the wedge.
Descending wedges are the opposite of rising wedges and are always considered bullish signals. They develop when a narrowing trading range has a downward slope so that subsequent lows and subsequent highs within the wedge fall as the trade progresses.
BTC/ETH and almost all other alts have been stuck in a narrow trading range for several days without much movement. We’re just waiting for the exit, it’s pointless to analyze and guess for now.
Now we can go over the news background (fundamental). So far, by the way, it is more positive, which of course inspires confidence in a possible future rise to the top. Unless you take into account that Genesis is asking the bankruptcy court to approve the sale of GBTC shares worth $1.4 billion.
🟢 By ETF: since launch, the net inflow into US spot BTC-ETFs has been +32,000 BTC .
🟢 By BTC advertising: by According to ETF Store President Nate Geraci, Facebook and Instagram, following Google, may soon allow advertising for spot BTC-ETFs .
🟢 Coinbase analysts Coinbase analysts note that the pressure on BTC has decreased significantly as... FTX sold off its holdings in GBTC.
🟢 Regarding ETH: over the past 3 weeks, almost 510,000 ETH were withdrawn from crypto exchanges, which may indicate the current accumulation of ether.
That's all for now, the most important moments of the last few days. We are waiting for the release of BTC/ETH and market activity. Profit to everyone!
Today we will talk about the “Triple Top and Triple Bottom” Pattern 👨💻
A “Triple Top” is drawn at the highs when quotes are trending upward - unlike a “Double Top”, it has three price peaks. This means that the graph locally goes up three times and goes down three times. After the third fall, the base line is broken and a sale is made. A “triple bottom” reflects a top, but not at local highs, but at local lows. Accordingly, after the base line is broken, a purchase is made.
There are certain rules when trading triple bottom chart patterns. First, you need to see the market phase, whether it is moving up or down. Since a triple bottom forms at the end of a downtrend, the preceding trend must be downward. You must determine whether three rounded bottoms are formed and also note the size of the bottom. You should only enter a long position when the price breaks a resistance level or neckline.