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Reading: Experts’ Price Targets for MASA, Cardano (ADA) and SOL Coin
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EdaFace Newsfeed > Latest News > Technical Analysis > Experts’ Price Targets for MASA, Cardano (ADA) and SOL Coin
Technical Analysis

Experts’ Price Targets for MASA, Cardano (ADA) and SOL Coin

vitalclick
Last updated: October 16, 2024 4:43 pm
5 months ago
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Bitcoin $67,169 price At the time of writing, it is at $67,750 and altcoins continue the day in the green. Today we saw experts share new target updates for many cryptocurrencies. SOL, MASA and ADA Coin were among them. Peter Brandt also published his current prediction for BTC. Well, experts say Cardano $0.353763What are your expectations for Solana and MASA Coin?

MASA and SOL Coin PredictionsCardano (ADA) and Bitcoin Forecast

MASA and SOL Coin Predictions

A new chart has arrived for MASA Coin, one of Michael Poppe’s favorite cryptocurrencies. As the BTC price exceeded $ 68,000 again, the appetite of altcoin investors increased. Moreover, unlike previous attempts, the expectation of the continuation of the rise is not empty as BTC makes a higher bottom and lingers at higher levels.

cryptocurrency analyst Poppe wrote:

“MASA still looks great to continue. “It seems reasonable to stay above $0.06 and then we will probably continue up to $0.12-0.14.”

Beyond the price chart, Kyle focused on the on-chain data of the Solana network. The name that draws attention to the 50 percent increase in transaction volume is Ethereum. $2,614 He wrote that his network was left behind.

“SOL’s on-chain transaction volume increased by 50% this week to $51 billion, surpassing ETH’s $46 billion. Memecoins account for 40% of Solana’s trading volume, while pumpdotfun alone accounts for 35% of total DEX activity.

As weekly token production climbs to 110,000, Solana continues to lead the way in token production, growing from 60% to an impressive 86% market share.”

Cardano (ADA) and Bitcoin Forecast

In today’s evaluation, Carl focused on ADA Coin, one of the popular smart contract platforms. Popular continuing the day at $0.35 altcoin It has long been the subject of criticism for the slow pace of network development. Carl, on the other hand, looks more superficially and targets $0.54 as a result of his technical analysis evaluation.

“ADA Coin It is about to break out of the Symmetrical Triangle on the daily chart! If ADA breaks to the upside, the target is $0.54.”

Finally, today Peter Brandt shared his update for the king cryptocurrency. Years of analysts who warned investors against the risk of bad surprises wrote:

“An inverted expanding triangle has about a 50% chance of working up to a measured target. “If you say, ‘It’s only 50%, so what use are charts?’, you probably shouldn’t be trading because you don’t have a developed understanding of the timing and asymmetry between reward and risk.”

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.

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