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Reading: What Does the Cryptocurrency Analyst Who Knows the Latest Drop Say Now?
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EdaFace Newsfeed > Latest News > Crypto News > What Does the Cryptocurrency Analyst Who Knows the Latest Drop Say Now?
Crypto News

What Does the Cryptocurrency Analyst Who Knows the Latest Drop Say Now?

vitalclick
Last updated: November 4, 2024 10:47 pm
5 months ago
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Contents
Cryptocurrency Analyst Who Knows the DropSolana Active AddressesAAVE and DOGE Comment

cryptocurrency The upward break that investors expected never materialized. Investors who have been living each day as if it were several weeks for more than two quarters have been constantly disappointed. The rise they expected never started and many good news were overshadowed. Now the last attempt also failed. There was a cryptocurrency analyst who predicted this outcome. What does he say now?

Cryptocurrency Analyst Who Knows the Drop

Roman Trading recently BTC price He shared his decline prediction while lingering around $73,000. It happened as expected and we started to see lower levels after $ 70,000. The decline scenario, which seemed unconvincing when the price was at its peak, became reality, which demoralized them. So what does he say now?

“I’ve released a few different scripts over the last few days. This is to give you confidence in the direction depending on where the price will land over the next few days. A drop to 66 thousand would reverse a possible decline. Maintaining the $68,000 level offers a more bullish scenario.”

For now, although BTC is trying to hold $68,000, the price is at $67,850 after recovering slightly from $67,251.

Solana Active Addresses

Kyle focused on a different topic today. solana Drawing attention to the number of active addresses of his network, he is pleased that the addresses increased by 42% in October compared to the previous month. With this increase, active addresses reached 123 million. However, the undetected portion of these are duplicate calculations.

“At the beginning of the year, there were only 12.7 million active addresses. “This increase is attributed to increased memecoin transactions driven by applications such as Pump fun and decentralized exchange Raydium, which have both seen strong activity recently.”

AAVE and DOGE Comment

Poppe in today’s altcoin analysis AAVE CoinHe also put it on his agenda. Determining that the momentum here has slowed down, the analyst shared the chart below. He believes that it is logical for investors to reduce their risks before the election and believes that the AAVE price above $ 110 will provide the necessary ground for a rapid rise.

dogecoin $0.150852The name that put ‘s on its agenda is Ali Charts and he drew attention to the increase in the addresses in the network. The person who wrote that more than 35 thousand new addresses are included in the Dogecoin network every day is not wrong. Among the largest altcoins in the last 24 hours, only DOGE Posted a gain of over 5%.

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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