Kushal Kashyap222
Open Trade
Occasional Trader
1.8 Years
10 Following
1 Followers
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In trading, you don’t beat the market... you beat yourself.
Discipline wins. Greed kills.
Let’s build the mindset that money follows.
Are you ready to evolve?
#Cryptomindset #BinanceSquareTalks #traderlife
Discipline wins. Greed kills.
Let’s build the mindset that money follows.
Are you ready to evolve?
#Cryptomindset #BinanceSquareTalks #traderlife
u will learn slowly it's change one day in profit don't cry
ok...bye 👋
thank you binance 🫵❤️🔥🧘
thank you binance 🫵❤️🔥🧘
👍👍👍
📣HI, MY FRIENDS, SHALL 🥊WE MAKE A 🐳BIG 🐳PUMP?👍
$1000CAT 🎯$ACX 🚀🚀
$1000CAT 🎯$ACX 🚀🚀
good
Gk_Aronno
--
How far is Bitcoin from landing on the moon?🚀🚀
$BTC
After reaching a new ATH at 108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the 100k level again.
The current focus for Bitcoin is a critical support area at around 91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above 91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above 96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above 96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the 91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the 100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the 91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above 96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near
#BTCNextMove #USUALAnalysis #ElSalvadorBTCReserve #MarketPullback #BinanceAlphaAlert
After reaching a new ATH at 108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the 100k level again.
The current focus for Bitcoin is a critical support area at around 91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above 91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above 96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above 96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the 91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the 100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the 91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above 96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near
#BTCNextMove #USUALAnalysis #ElSalvadorBTCReserve #MarketPullback #BinanceAlphaAlert
cry
ok...bye 👋
thank you binance 🫵❤️🔥🧘
thank you binance 🫵❤️🔥🧘
Cardano (ADA) has continued to consolidate and it is trading at approximately $0.91, as of now. There is a slight decrease of about 1.34% over the past 24 hours. Over the past week, ADA has exhibited a neutral trend, with technical indicators suggesting a balance between buying and selling pressures.
ADA Price Analysis
According to TradingView, Cardano shows a buy signal on the monthly chart, indicating potential bullish momentum. This is supported by the 1-month technical rating, which also suggests a buy. The Relative Strength Index (RSI) for Cardano stands at 36.22, placing it in the neutral category.
An RSI below 30 typically indicates oversold conditions, while above 70 suggests overbought conditions. Therefore, the current RSI suggests that Cardano is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicator for Cardano is -0.006, which is interpreted as a sell signal.
The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. A negative MACD value typically indicates downward momentum. In terms of support and resistance levels, key support areas to watch are at $0.667, $0.60, and $0.50. These levels have previously acted as price floors, where buying interest has emerged.
On the upside, resistance levels are observed at $1.00 and above, where selling pressure may increase. Market sentiment for Cardano remains mixed. While technical indicators provide a neutral to slightly bearish outlook, external factors such as market news and broader market trends continue to play a significant role in its price movements.
Cardano’s current technical analysis presents a neutral stance with potential bearish signals in the shorter timeframe. Traders should monitor key support and resistance levels, along with technical indicators like the RSI and MACD, to make informed decisions.
ADA Price Prediction
ADA Price Analysis
According to TradingView, Cardano shows a buy signal on the monthly chart, indicating potential bullish momentum. This is supported by the 1-month technical rating, which also suggests a buy. The Relative Strength Index (RSI) for Cardano stands at 36.22, placing it in the neutral category.
An RSI below 30 typically indicates oversold conditions, while above 70 suggests overbought conditions. Therefore, the current RSI suggests that Cardano is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicator for Cardano is -0.006, which is interpreted as a sell signal.
The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. A negative MACD value typically indicates downward momentum. In terms of support and resistance levels, key support areas to watch are at $0.667, $0.60, and $0.50. These levels have previously acted as price floors, where buying interest has emerged.
On the upside, resistance levels are observed at $1.00 and above, where selling pressure may increase. Market sentiment for Cardano remains mixed. While technical indicators provide a neutral to slightly bearish outlook, external factors such as market news and broader market trends continue to play a significant role in its price movements.
Cardano’s current technical analysis presents a neutral stance with potential bearish signals in the shorter timeframe. Traders should monitor key support and resistance levels, along with technical indicators like the RSI and MACD, to make informed decisions.
ADA Price Prediction
BlockchainReporter
--
Cardano (ADA) Price Prediction for December 22
Cardano (ADA) has continued to consolidate and it is trading at approximately $0.91, as of now. There is a slight decrease of about 1.34% over the past 24 hours. Over the past week, ADA has exhibited a neutral trend, with technical indicators suggesting a balance between buying and selling pressures.
ADA Price Analysis
According to TradingView, Cardano shows a buy signal on the monthly chart, indicating potential bullish momentum. This is supported by the 1-month technical rating, which also suggests a buy. The Relative Strength Index (RSI) for Cardano stands at 36.22, placing it in the neutral category.
An RSI below 30 typically indicates oversold conditions, while above 70 suggests overbought conditions. Therefore, the current RSI suggests that Cardano is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicator for Cardano is -0.006, which is interpreted as a sell signal.
The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. A negative MACD value typically indicates downward momentum. In terms of support and resistance levels, key support areas to watch are at $0.667, $0.60, and $0.50. These levels have previously acted as price floors, where buying interest has emerged.
On the upside, resistance levels are observed at $1.00 and above, where selling pressure may increase. Market sentiment for Cardano remains mixed. While technical indicators provide a neutral to slightly bearish outlook, external factors such as market news and broader market trends continue to play a significant role in its price movements.
Cardano’s current technical analysis presents a neutral stance with potential bearish signals in the shorter timeframe. Traders should monitor key support and resistance levels, along with technical indicators like the RSI and MACD, to make informed decisions.
ADA Price Prediction
Analysts have provided varying forecasts for ADA’s price by the end of 2024, with some predicting a decrease to around $0.82, while others anticipate a surge to approximately $6. On-chain metrics indicate varying levels of investor interest, which could impact future price movements.
If ADA maintains support above $0.80 and breaks through the $0.97 resistance, it could aim for higher targets, potentially reaching $1.20 in the near term. Positive developments in the Cardano ecosystem and increased adoption could further bolster this scenario. Failure to hold the $0.80 support level may lead to a decline towards $0.70 or lower. Continued market volatility and negative sentiment could exacerbate this downward movement.
Frequently Asked Questions
What factors are currently influencing ADA’s price?
ADA’s price is being influenced by recent market volatility, analyst predictions, and overall investor sentiment.
What are the key support and resistance levels for ADA?
Key support levels are around $0.80, while resistance levels are near $0.97.
Is ADA expected to rise or fall in the near future?
Analysts suggest that ADA may experience growth, potentially reaching new highs of approximately $6 in the near term, though this is subject to market conditions and investor sentiment.
Investment Risk Warning
Investing in cryptocurrencies involves significant risk due to their inherent volatility. It’s essential to conduct thorough research and assess your financial situation before making any investment decisions.
ADA Price Analysis
According to TradingView, Cardano shows a buy signal on the monthly chart, indicating potential bullish momentum. This is supported by the 1-month technical rating, which also suggests a buy. The Relative Strength Index (RSI) for Cardano stands at 36.22, placing it in the neutral category.
An RSI below 30 typically indicates oversold conditions, while above 70 suggests overbought conditions. Therefore, the current RSI suggests that Cardano is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicator for Cardano is -0.006, which is interpreted as a sell signal.
The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. A negative MACD value typically indicates downward momentum. In terms of support and resistance levels, key support areas to watch are at $0.667, $0.60, and $0.50. These levels have previously acted as price floors, where buying interest has emerged.
On the upside, resistance levels are observed at $1.00 and above, where selling pressure may increase. Market sentiment for Cardano remains mixed. While technical indicators provide a neutral to slightly bearish outlook, external factors such as market news and broader market trends continue to play a significant role in its price movements.
Cardano’s current technical analysis presents a neutral stance with potential bearish signals in the shorter timeframe. Traders should monitor key support and resistance levels, along with technical indicators like the RSI and MACD, to make informed decisions.
ADA Price Prediction
Analysts have provided varying forecasts for ADA’s price by the end of 2024, with some predicting a decrease to around $0.82, while others anticipate a surge to approximately $6. On-chain metrics indicate varying levels of investor interest, which could impact future price movements.
If ADA maintains support above $0.80 and breaks through the $0.97 resistance, it could aim for higher targets, potentially reaching $1.20 in the near term. Positive developments in the Cardano ecosystem and increased adoption could further bolster this scenario. Failure to hold the $0.80 support level may lead to a decline towards $0.70 or lower. Continued market volatility and negative sentiment could exacerbate this downward movement.
Frequently Asked Questions
What factors are currently influencing ADA’s price?
ADA’s price is being influenced by recent market volatility, analyst predictions, and overall investor sentiment.
What are the key support and resistance levels for ADA?
Key support levels are around $0.80, while resistance levels are near $0.97.
Is ADA expected to rise or fall in the near future?
Analysts suggest that ADA may experience growth, potentially reaching new highs of approximately $6 in the near term, though this is subject to market conditions and investor sentiment.
Investment Risk Warning
Investing in cryptocurrencies involves significant risk due to their inherent volatility. It’s essential to conduct thorough research and assess your financial situation before making any investment decisions.
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