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Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend.
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
0
XRP Price Prediction For January 25
In recent market movements, XRP has seen mixed price action and is down by more than four percent on the weekly chart. At press time, XRP is trading at $3.12 and has slightly drifted to the green zone.
could make one more move to the upside before a potential shift in trend. As of now, the price is expected to rise, potentially reaching a new peak. However, the crucial question remains: will this push higher lead to further gains, or will it mark the peak of the rally before a correction begins?
After a five-phase pattern, a major top or larger correction typically follows, signaling increased risk. This doesn’t necessarily mean a bearish trend, but the current rally could be nearing its end.
Potential Breakout Targets: Where Could the Price Head Next?
On the smaller time frame, XRP is facing resistance at its all-time high of $3.30. A breakout above this level could see the price surge towards new targets, including $4.19, $5, and possibly even $6.61.
XRP recently completed an internal triangle pattern, which broke out to the upside on January 13. However, the price failed to break above its all-time high and has since entered a consolidation phase. There is no clear breakout signal at the moment, and the price is holding above key support levels between $2.52 and $2.94.
These support levels have been respected multiple times, and the price recently reacted to the $2.81 level, which represents a 50% retracement. The expectation remains for a continuation to higher prices, with potential moves to $4.90 or even $5. However, it’s also possible that XRP may form another low before continuing upwards.
Traders should watch for a breakout above $3.30–$3.40 to confirm the continuation of the bullish trend. Until that happens, a pullback to the lower support levels remains a possibility.
$XRP
$XRP
XRP Price Prediction For January 25
In recent market movements, XRP has seen mixed price action and is down by more than four percent on the weekly chart. At press time, XRP is trading at $3.12 and has slightly drifted to the green zone.
could make one more move to the upside before a potential shift in trend. As of now, the price is expected to rise, potentially reaching a new peak. However, the crucial question remains: will this push higher lead to further gains, or will it mark the peak of the rally before a correction begins?
After a five-phase pattern, a major top or larger correction typically follows, signaling increased risk. This doesn’t necessarily mean a bearish trend, but the current rally could be nearing its end.
Potential Breakout Targets: Where Could the Price Head Next?
On the smaller time frame, XRP is facing resistance at its all-time high of $3.30. A breakout above this level could see the price surge towards new targets, including $4.19, $5, and possibly even $6.61.
XRP recently completed an internal triangle pattern, which broke out to the upside on January 13. However, the price failed to break above its all-time high and has since entered a consolidation phase. There is no clear breakout signal at the moment, and the price is holding above key support levels between $2.52 and $2.94.
These support levels have been respected multiple times, and the price recently reacted to the $2.81 level, which represents a 50% retracement. The expectation remains for a continuation to higher prices, with potential moves to $4.90 or even $5. However, it’s also possible that XRP may form another low before continuing upwards.
Traders should watch for a breakout above $3.30–$3.40 to confirm the continuation of the bullish trend. Until that happens, a pullback to the lower support levels remains a possibility.
$XRP
$XRP
good
Quoted content has been removed
Thank you bro 🥀
Plezz help me hold or close 😌😌😌
$SOL $XRP
$SOL $XRP
buy?
RIPPLE (XRPUSDT): Your Trading Plan to Buy
$XRP
Following a recent bearish movement, 📈XRP corrected to a significant support level that was previously broken.
Look out for a bullish flag pattern on the 4-hour chart for potential buying opportunities based on the current trend.
Confirmation of a potential upward movement will be a candle closing above the resistance level of the bullish flag
Once this occurs, consider buying the coin with the expectation of it reaching at least the 2.91 level.
Following a recent bearish movement, 📈XRP corrected to a significant support level that was previously broken.
Look out for a bullish flag pattern on the 4-hour chart for potential buying opportunities based on the current trend.
Confirmation of a potential upward movement will be a candle closing above the resistance level of the bullish flag
Once this occurs, consider buying the coin with the expectation of it reaching at least the 2.91 level.
wow that's great 🥰
Binance Announcement
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Share 1 BNB Daily & Earn Up to 30% Commission on Binance Square
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Square is thrilled to present a limited-time offer for the "Write to Earn" promotion for all creators! Eligible Binance Square creators can share a daily prize pool of 1 BNB, on top of earning up to 30% commission rewards during the campaign period.
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Only Binance Square creators who fulfill all of the following requirements will be eligible to participate in this campaign:
Register on the “Write to Earn" promotion page.Publish a qualified content piece on Binance Square, with any coin cashtag (e.g., $BTC) and at least 50 characters. Post every day to maximize your chances!
Rewards:
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Don't miss this chance—opt-in now and start posting daily to maximize your earnings!
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsFrequently Asked Questions on Binance Square “Write to Earn” Promotion
Terms & Conditions
This Campaign may not be available in your region. Creators who already registered for the "Write to Earn" promotion are automatically eligible for this Campaign and do not need to register again.The individual reward cap per creator is $5 per day. Each day runs from 00:00 (UTC) to 23:59 (UTC).Only short posts, long articles, videos, polls, or audio Lives that are published organically on Binance Square after users confirm their registration for this campaign will count as qualified content pieces. Content pieces that are deleted during the campaign period or duplicated will not qualify. Rewards will be distributed in the form of BNB token vouchers to eligible users within 21 working days after the Campaign ends, and expire 14 days after distribution. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-03
Fellow Binancians,
Binance Square is thrilled to present a limited-time offer for the "Write to Earn" promotion for all creators! Eligible Binance Square creators can share a daily prize pool of 1 BNB, on top of earning up to 30% commission rewards during the campaign period.
Campaign Period: 2024-12-03 00:00 to 2024-12-09 23:59 (UTC)
How to Participate:
Only Binance Square creators who fulfill all of the following requirements will be eligible to participate in this campaign:
Register on the “Write to Earn" promotion page.Publish a qualified content piece on Binance Square, with any coin cashtag (e.g., $BTC) and at least 50 characters. Post every day to maximize your chances!
Rewards:
Share a daily 1 BNB prize pool by making a qualified content piece. Post every day, win every day! Get up to 30% in trading fee commissions from your qualifying readers' trades when they complete trade(s) directly via your content. Learn more here.
Don't miss this chance—opt-in now and start posting daily to maximize your earnings!
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsFrequently Asked Questions on Binance Square “Write to Earn” Promotion
Terms & Conditions
This Campaign may not be available in your region. Creators who already registered for the "Write to Earn" promotion are automatically eligible for this Campaign and do not need to register again.The individual reward cap per creator is $5 per day. Each day runs from 00:00 (UTC) to 23:59 (UTC).Only short posts, long articles, videos, polls, or audio Lives that are published organically on Binance Square after users confirm their registration for this campaign will count as qualified content pieces. Content pieces that are deleted during the campaign period or duplicated will not qualify. Rewards will be distributed in the form of BNB token vouchers to eligible users within 21 working days after the Campaign ends, and expire 14 days after distribution. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-03
$X IS THE TICKER
❤️❤️❤️
Yi He
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If we disagree, you're probably right.
1. Is the cryptocurrency world going to end?
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Indonesian cryptocurrency exchange Indodax has reportedly fallen victim to a security breach, resulting in significant losses of approximately $20.5 million. According to blockchain security firm SpotonChain, the exchange experienced large outflows of cryptocurrency from its platform.
Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodax’s wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH).
PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.
 Source: Twitter
Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million.
Indodax, Indonesia’s largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume.
#matic #PoolzFinance
Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodax’s wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH).
PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.
 Source: Twitter
Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million.
Indodax, Indonesia’s largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume.
#matic #PoolzFinance
OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month – Details
Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market.
$BTC
$BNB
$SOL
Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market.
$BTC
$BNB
$SOL
🔥🔥🔥
Binance Square Official
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Like and Win: Binance India Community, Welcome to Square!
Dear Binance India Community, welcome to Binance Square!
To show our excitement at you being with us, we are launching a “Like and Win” campaign that’s available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
To show our excitement at you being with us, we are launching a “Like and Win” campaign that’s available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.