Some cryptocurrencies Although it continued with a 10 percent increase on the day BTC The losses caused by the decline have not been fully compensated. Investors have had a hard time due to the negativity that has continued since mid-December. However, we should not see a longer-term correction as the uptrend continues.
Solana (LEFT)
One of the largest layer1 solutions solana (LEFT) has grown strongly over the years because it is fast and cheap. The number of transactions on the network reached a record level compared to others. It dropped below $10 in the November FTX crash and then saw new ATH above $260. Now it finds buyers at $186.
The last sell wick at $169 did not prevent $182 from being reclaimed as support. Such overselling was normal in a panic environment, and SOL Coin experienced one of them. The key $182 support was resistance during last year’s rally. It now represents another bullish range up to $202.
SOL Coin If the rise in price continues, we may see a new upward wave to 202 and 228 dollars. Of course, BTC price performance will be decisive in this process, and the US inflation data will arrive hours later.
PEPE Coin
After a rise, bottom attempts like the one below always seem to investors as a missed opportunity. After the trial at $0.0000169, PEPE Coin started to rise again. But it’s hard to know how long this will last because BTC Since it has had so many bad surprises lately, investors have become more cautious.
If the rise continues, it is expected to test $0.00001861 in the coming days and target the key resistance of $0.00002202 with closings above it. This is the last important resistance point before the $0.00002721 peak. Behind PEPE CoinWe can see it moving towards much larger peaks.
Cardano (ADA)
in asia crypto- As the support for currencies increased, we saw that the crypto currencies centered in that region were rising rapidly. Now the US is becoming crypto-friendly and Cardano $0.984798 This is one of the motivations for the rise of cryptocurrencies.
regaining the 1 dollar threshold ADA Coin price It is now targeting the $1.1 resistance and then it could reach a peak of $1.23.
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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.