Daily Dogecoin Comments

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badsha0015
Posts: 216
Joined: Sun Dec 15, 2024 4:46 am

Daily Dogecoin Comments

Post by badsha0015 »

Dogecoin has been following a horizontal trend recently, while the decrease in transaction volume and the sharp decrease in the number of active addresses are currently drawing a negative picture. While the price is trading at 0.1688 levels, it is having difficulty rising above the previous resistance of $ 0.177. Although the Santiment data indicates that investor interest is decreasing, according to analysts' comments, there is a potential increase of 16% if this level is exceeded. It should be taken into account that the falling wedge formation pointed out by Carl Moon could trigger a potential rally, but the current trading volume does not support this momentum. Technical indicators and resistance points that are important to you in the short term—$ 0.177 may be a critical transition for the upward direction. In whatsapp number list the meantime, you should carefully evaluate whether the volume increases are supported by the news flow.

Daily Cardano Comments
The Cardano price has been trading in the $0.70-$0.71 range in the last 24 hours, and this environment of reduced volatility indicates new price breaks. Although the critical resistance point of $0.75 has not yet been tested, the possibility of a pullback below $0.69 should be kept in the foreground. Charles Hoskinson's efforts towards regulatory processes can have a significant impact in terms of achieving more global acceptance for ADA. Although investors holding ADA in their hands for a longer period increases market confidence, there is not enough momentum for an upward movement. On the technical side, the long-term resistance of $1.15 stands out as the point where a rally can begin for ADA. Monitoring macroeconomic developments and ADA's momentum in tokenization projects will be very critical for you in this process.
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