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Showing posts with the label bearish trends

Cardano Price Prediction for Today, January 27 – ADA Technical Analysis

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Cardano (ADA) has emerged as a key player in the cryptocurrency market, boasting a robust ecosystem and significant technological advancements. Currently priced at $0.88, ADA faces challenges amidst a broader market downturn, with notable declines from its recent highs. However, with its innovative developments and growing adoption, could Cardano defy bearish trends and reclaim its $1.32 peak? ADA Key Statistics Current Price: $0.88 Market Cap: $30.8 billion Trading Volume (24h): $1 billion Circulating Supply: 35 billion ADA Total Supply: 44.9 billion ADA CoinMarketCap Ranking: #9 Amid a broader market downturn, Cardano (ADA) has declined by 24.58% and 23.56% from its highest prices over the past 30 and 7 days, respectively. However, it has managed a 5.69% increase from its 30-day low, though it remains 7.72% below its 7-day low. ADA/USD Market Key Levels Resistance: $0.98, $1.14, $1.32 Support: $0.82, $0.75, $0.65 ADAUSD – Daily Chart The ADA/USD daily chart ...

Shiba Inu (SHIB) & Dogecoin (DOGE) Price Analysis For October End

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Shiba Inu and Dogecoin are the two leading meme coins in the cryptocurrency domain. Both tokens have had remarkable price runs, establishing independent price reputations in their respective spaces. However, 2024 has proven to be quite a mellow year for both tokens. Doge and SHIB have yet to note a “surprising” price rally, the one that helps give investors the returns they are looking forward to accumulating and building on. Will a new ATH hit Shiba Inu and Dogecoin by the end of this month? Let’s find out. Also Read: Solana: Here’s How High SOL Can Peak In October 2024 Shiba Inu Price Prediction Source – Token Metrics Shiba Inu has long established its independent reputation and is now consistently working on expanding its ecosystem. With the news of a Shiba Inu stablecoin official under construction, the token is bound to receive additional investor support, as the market is always looking forward to embracing new elements of change. According to CoinCodex, SHIB may note ...