1/6/2024 0 Comments Yfi price prediction tomorrow![]() Information on these pages contains forward-looking statements that involve risks and uncertainties. The upside seems to be limited at $1.45, which is a confluence of the weekly resistance barrier and the 100-day SMA. This bearish outlook can be side-stepped if ADA bulls can produce a four-hour candlestick close above $1.24.ĭoing so will allow Cardano price to have a free reign up to $1.45 or a 17% upswing. Investment thesis, indicates that they are not interested in ADA at the current levels.Īll in all, Cardano price seems ready for a quick leg down to $1, a crucial psychological level. This 3.9% drop, which serves as a proxy of their Therefore, investors can expect ADA to find a firm footing around this barrier where roughly 448,830 addresses that purchased 7.78 billion ADA are “In the Money.”Īnother reason why a bullish thesis Cardano price is unlikely is due to the decline in the number of large transactions from 5,100 to 4,900. This on-chain index shows that the immediate support level for ADA is non-existent and that a stable one is present at $1.03, further adding credence to the short-term bearish thesis. Supporting this downward movement for Cardano price is IntoTheBlock’s Global In/Out of the Money (GIOM) model. Hence, this stable support floor is where the downside could be limited. This barrier served as a support platform for the run-up in mid-2021 that pushed ADA to $3. A failure to breach the 50-day SMA at $1.24 could lead to a 15% downswing to the daily support level at $1. Therefore, investors can expect Cardano price to face rejection at either of the two barriers and retrace lower. Hence, the chances of an upswing are considerably less. On February 5, ADA breached through this sideways movement and produced a swing high above $1.12, flipping into a support floor.Ĭardano price faces two critical hurdles as it trades above $1.12 - the weekly resistance barrier at $1.20 and the 50-day Simple Moving Average (SMA) at $1.24. Cardano price breaks free but for the worseĬardano price traded between the $1.12 and $1 barrier for roughly two weeks, signaling a consolidation. The presence of a resistance confluence makes this run-up an arduous task for bulls. A four-hour candlestick close above $1.24 will invalidate the short-term bearish thesis.Ĭardano price has breached its consolidation range but is struggling to head higher.Investors can expect ADA to retrace roughly 15% and revisit the $1 psychological barrier.Cardano price faces two crucial hurdles at $1.20 and $1.24, suggesting further upside is unlikely.Lazio following listing could hit $20 and after stable trading it may falls back to certain resistance level most probably below $10 USD. Token price to receive reward will be $1 USD and every BNB holder will share reward according to number of token and snapshot. Lazio going to raise $4 million in volume from Binance launchpad, where sale running for almost 1 week. Lazio is BEP-20 Token based on Binance smart chain and will be listing on top BSC based exchange like Pancakeswap and other. Lazio Fan Token announced as 22 nd official Binance launchpad token that means after sale end it will be listing on Binance exchange. PSG Token Price Prediction | Chiliz Price Prediction Lazio Overview Project name However, in reward Lazio loyal holder will get signed jersey and other merchandise along with meet & greet with club player or even allow to attend training session with main team. In e-commerce platform Lazio used make payment for merchandise, match tickets, membership and other facilities. however, in real utility Lazio token used to hunt digital collectibles, buying NFT and also gamification features. Fans or user who holding Lazio will allow to participate in team voting in future decision-making including jersey, merchandise and many more. Lazio main utility will same as other Binance Fan token, as it will gives revolutionary experience to fans of S. Lazio Fan Token is deployed on Binance Smart Chain (BSC) network with BEP-20 Token standard. Lazio is official club name and they are one of the popular clubs in Serie A Italian football league along with other leagues like Champions, Europa league and Coppa Italia. Lazio is Italian football sport club founded in 1900 with located office in Rome country form Italy.
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