ADAUSDT.P Do you see a bull flag forming on the daily? WELL, DO YOU?
IF it plays out, it'll be a big pop to 1 and beyond but since gangsters are running these markets you should always expect a stop hunt and fakeout to the downside.
It can still puke to .30 if Trumperor has a bad day.
BTCUSDTBTCUSD if you analyze the daily chart from SMT perspective, you'd conclude that it's not a fake out. lower low on BTC but higher low on ADAUSDT.P .That pump should stay for a while.
🚨 CARDANO TO $50 AND TETHER’S COLLAPSE IN THE NEXT 12-18 MONTHS 🚨
Cardano (ADA): Cardano is primed for massive growth with its global adoption in government and finance sectors. Hydra upgrades will enable it to handle real-world use cases like supply chains and identity management. Prediction: ADA could hit $50 by Q4 2025 as it becomes the go-to blockchain for mass adoption.
Tether (USDT): Tether is facing growing regulatory pressure and transparency issues with its reserves. As central bank digital currencies (CBDCs) rise, Tether’s dominance will fade, and trust in USDT will erode. Prediction: USDT could lose its $1 peg by 2025 due to lack of trust and regulatory action.
Cardano to the moon, while Tether faces collapse. This shift is coming faster than people realize. 🚨 ( i v a n p a t r i c e ) Also on t£l€gram 🚨
ADAUSDT ADA Market Update ADA is currently experiencing downward pressure within a broader bearish trend. The asset has been consolidating near the 0.5800 support level, with recent price action suggesting the potential for a continuation of the decline. A minor pullback toward the 0.6300 zone—previously acting as a support and now a resistance—remains a possibility before further movement.
From a technical perspective, a false breakout near the 0.5 Fibonacci retracement level has occurred, and price is currently holding close to local support. A sustained move below 0.5800 may indicate increased bearish momentum, potentially targeting lower levels.
The broader cryptocurrency market has recently faced heightened volatility, largely influenced by macroeconomic developments, including mixed signals from regulatory announcements. As volatility settles, market participants appear to be reassessing risk, which has impacted ADA alongside other digital assets.
Key Technical Levels:
Resistance: 0.6300, 0.6661
Support: 0.5810, 0.5092, 0.4564
A confirmed breakdown below 0.5810 could open the door for a test of the 0.5092 level. If bearish momentum continues and this level fails to hold, the next potential support area lies between 0.4500 and 0.4200.