Predicts
3,335 views
10 Discussing
Hot
Latest
#Cardano (ADA) Surges as Analysts Predict $2.90 Target and U.S. Crypto Policy Boosts Investor Optimism
Cardano (ADA) has posted a significant upward move in recent days, capturing the attention of cryptocurrency traders and investors alike. At the time of writing, $ADA is trading at $0.811448, marking a strong resurgence in market confidence. Analysts attribute this rally to two primary catalysts: a technical analysis suggesting a repeat of historical price patterns and favorable political developments in the United States that could reshape the crypto landscape.
Analyst #Predicts Cardano Could Climb to $2.90
A prominent cryptocurrency market analyst has drawn parallels between Cardano’s current price structure and past market cycles. By examining historical charts, the analyst notes that ADA’s recent trajectory resembles earlier bullish phases — periods that preceded substantial price rallies.
“Cardano is exhibiting past price behaviors. If this pattern recurs, the price could reach $2.90,” the analyst stated.
This prediction, while optimistic, comes with the usual caveat: past performance is not a guarantee of future results, especially in a market as volatile as cryptocurrency. The $2.90 projection is based on pattern recognition, a method often used in technical analysis to anticipate future price movements.
Why Historical Patterns Matter in Crypto Trading
In traditional financial markets, historical data is often used to predict future performance. The same principle applies to cryptocurrencies, but with greater risk. For ADA, the analyst’s projection rests on:
Price fractals: Identifying smaller-scale price moves that mirror larger historical movements.
#Market cycles: Observing repeating phases of accumulation, breakout, and consolidation.
Investor psychology: Recognizing that similar market conditions can produce similar trading behaviors.
However, experts caution that macro events, regulatory changes, and market sentiment can quickly disrupt these patterns. As a result, while technical models are useful, they are not infallible.
Cardano (ADA) has posted a significant upward move in recent days, capturing the attention of cryptocurrency traders and investors alike. At the time of writing, $ADA is trading at $0.811448, marking a strong resurgence in market confidence. Analysts attribute this rally to two primary catalysts: a technical analysis suggesting a repeat of historical price patterns and favorable political developments in the United States that could reshape the crypto landscape.
Analyst #Predicts Cardano Could Climb to $2.90
A prominent cryptocurrency market analyst has drawn parallels between Cardano’s current price structure and past market cycles. By examining historical charts, the analyst notes that ADA’s recent trajectory resembles earlier bullish phases — periods that preceded substantial price rallies.
“Cardano is exhibiting past price behaviors. If this pattern recurs, the price could reach $2.90,” the analyst stated.
This prediction, while optimistic, comes with the usual caveat: past performance is not a guarantee of future results, especially in a market as volatile as cryptocurrency. The $2.90 projection is based on pattern recognition, a method often used in technical analysis to anticipate future price movements.
Why Historical Patterns Matter in Crypto Trading
In traditional financial markets, historical data is often used to predict future performance. The same principle applies to cryptocurrencies, but with greater risk. For ADA, the analyst’s projection rests on:
Price fractals: Identifying smaller-scale price moves that mirror larger historical movements.
#Market cycles: Observing repeating phases of accumulation, breakout, and consolidation.
Investor psychology: Recognizing that similar market conditions can produce similar trading behaviors.
However, experts caution that macro events, regulatory changes, and market sentiment can quickly disrupt these patterns. As a result, while technical models are useful, they are not infallible.
🚨Standard Chartered #Predicts $BNB Could Reach $2,775 by 2028
🔹Geoff Kendrick, head of asset research at Standard Chartered Bank, forecasts BNB could reach $2,775 by end of 2028.
🔹The prediction is based on BNB’s strong correlation with an unweighted BTC/ETH portfolio since 2021.
🔹Kendrick believes this trend will continue, with BNB’s current price around $600 expected to climb significantly over the next three years.
🔹As long as Binance remains a dominant centralized exchange, the value drivers for BNB are seen as stable.
🔹BNB Chain’s use in DEXs, lending protocols, and staking, along with its more centralized model, supports its long-term positioning.
🔹Geoff Kendrick, head of asset research at Standard Chartered Bank, forecasts BNB could reach $2,775 by end of 2028.
🔹The prediction is based on BNB’s strong correlation with an unweighted BTC/ETH portfolio since 2021.
🔹Kendrick believes this trend will continue, with BNB’s current price around $600 expected to climb significantly over the next three years.
🔹As long as Binance remains a dominant centralized exchange, the value drivers for BNB are seen as stable.
🔹BNB Chain’s use in DEXs, lending protocols, and staking, along with its more centralized model, supports its long-term positioning.
🚨🇺🇸VanEck #Files for #BNBETF with SEC, Plans to Include Staking Rewards
🔹VanEck submits S-1 filing to the U.S. SEC for a $BNB Binance Coin ETF.
🔹Proposal includes earning staking rewards from BNB held in the trust.
🔹If approved, it could be the first U.S. ETF tied to BNB with staking benefits.
$BNB
🔹VanEck submits S-1 filing to the U.S. SEC for a $BNB Binance Coin ETF.
🔹Proposal includes earning staking rewards from BNB held in the trust.
🔹If approved, it could be the first U.S. ETF tied to BNB with staking benefits.
$BNB
Quick/usdt is in a triangle pattern on the 1-hour time frame. Let’s see what happens…
The price can be pumped from 0.053-0.051. $QUICK #pump #bullish
Target Price 1: 0,06 and Target Price 2: 0,08.
News: $725 billion asset manager, Bernstein, predicts Bitcoin will hit $90,000 in 2024 and $150,000 in 2025. 💥 What do you think about this? #bitcoin $BTC #predicts #bullish $QUICK
The price can be pumped from 0.053-0.051. $QUICK #pump #bullish
Target Price 1: 0,06 and Target Price 2: 0,08.
News: $725 billion asset manager, Bernstein, predicts Bitcoin will hit $90,000 in 2024 and $150,000 in 2025. 💥 What do you think about this? #bitcoin $BTC #predicts #bullish $QUICK
🚨🇺🇸Fed’s Bostic #Predicts One Rate Cut in 2025, Rules Out Recession
🔹Federal Reserve’s Bostic expects just one rate cut in 2025.
🔹U.S. economic growth forecast: 0.5% to 1%, signaling slowdown.
🔹Cites ongoing economic uncertainty as reason for cautious stance.
🔹No recession expected despite deceleration in GDP growth.
🔹Signals Fed’s intent to remain data-dependent and inflation-aware.
🔹Federal Reserve’s Bostic expects just one rate cut in 2025.
🔹U.S. economic growth forecast: 0.5% to 1%, signaling slowdown.
🔹Cites ongoing economic uncertainty as reason for cautious stance.
🔹No recession expected despite deceleration in GDP growth.
🔹Signals Fed’s intent to remain data-dependent and inflation-aware.
Oct.15-Oct.21(BTC)Weekly market recap
The CME interest rate swap market #predicts that the FOMC will likely cut rates by 25 basis points in November. This means that after a 50 basis point cut, the Federal Reserve will loosen its monetary policy. This is not favorable for risk assets, including $BTC .
In the past two weeks, BTC ETFs have seen significant net inflows, indicating that after the shift in monetary policy, funds are gradually flowing into the cryptocurrency market. This is a large-scale trend. #BTC is rapidly approaching its all-time high (ATH). However, the pricing in the interest rate market for a November rate cut may lead to some degree of correction for $BTC .
Additionally, the U.S. presidential #election will take place in early November. While Harris has expressed support for cryptocurrencies, Trump is undoubtedly the biggest supporter for the sector. The importance of the U.S. election for BTC is increasing.
As we expected, BTC maintained its upward trend last week and moved above the given support level. We can see the blue bars representing whales appearing on the WTA indicator. The macro shift is starting to attract large capital. The purple wave area on the ME indicator is widening, indicating stronger #bullish sentiment.
In summary, we believe $BTC may experience a correction this week and then continue to rise afterward. We are raising the resistance level to 70,000 and the support level to 60,000.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any #cryptocurrencies .
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
In the past two weeks, BTC ETFs have seen significant net inflows, indicating that after the shift in monetary policy, funds are gradually flowing into the cryptocurrency market. This is a large-scale trend. #BTC is rapidly approaching its all-time high (ATH). However, the pricing in the interest rate market for a November rate cut may lead to some degree of correction for $BTC .
Additionally, the U.S. presidential #election will take place in early November. While Harris has expressed support for cryptocurrencies, Trump is undoubtedly the biggest supporter for the sector. The importance of the U.S. election for BTC is increasing.
As we expected, BTC maintained its upward trend last week and moved above the given support level. We can see the blue bars representing whales appearing on the WTA indicator. The macro shift is starting to attract large capital. The purple wave area on the ME indicator is widening, indicating stronger #bullish sentiment.
In summary, we believe $BTC may experience a correction this week and then continue to rise afterward. We are raising the resistance level to 70,000 and the support level to 60,000.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any #cryptocurrencies .
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Login to explore more contents