Daily Cardano Comments

[badsha0002]

Cardano, which started at $ 0.75, was able to jump to $ 0.7667, but it retreated to $ 0.7351 due to selling pressure. As long as the price cannot break the $ 0.80 resistance barrier, it gives the impression that the consolidation process will continue. This process, in which large investors accumulated 240 million ADA, indicates strong demand. However, low volumes in futures show that the market is cautious. In terms of technology, the listing of the BingX exchange and Cardano's Extended UTxO model are important developments. If the price falls below the $ 0.73 support zone, we may see greater selling pressure. On the other hand, if the resistance is broken, levels such as $ 1 may begin to be discussed. Therefore, you should closely monitor Cardano's course according to this break and support-resistance movements.

Dogecoin started the day at $ 0.1927 and rose to $ 0.2053, but could buy bulk sms service not hold on to this area and settled at $ 0.1962. The $ 0.20 level continues to be an important resistance point. Elon Musk's statements and whale accumulations regarding DOGE are drawing attention. The fact that the trading volume exceeded $ 2 billion indicates that investor interest continues. Technically, the positive direction of the MACD and the fact that the RSI is in the buying zone are positive signals for upward momentum; however, if the volume support is not strong enough, these gains may be short-lived.