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Reading: Cardano (ADA), Solana and Dogecoin November 8 Targets
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EdaFace Newsfeed > Latest News > Technical Analysis > Cardano (ADA), Solana and Dogecoin November 8 Targets
Technical Analysis

Cardano (ADA), Solana and Dogecoin November 8 Targets

vitalclick
Last updated: November 8, 2024 10:56 pm
5 months ago
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Contents
Cardano (ADA)Solana (LEFT)Dogecoin (DOGE)

Bitcoin (BTC) $76,133 Its price is at the level of $ 76,000 and the all-time record price rose to $ 76,849. We are experiencing one of the best weeks of the year. Trump’s victory did not cause a sell-the-news situation because it is pretty big news that someone crypto-friendly will be in the administration for years to come.

Cardano (ADA)

It has found its place among the largest cryptocurrencies for years. Cardano $0.428812 (ADA) is sold at $0.437 at the time of writing. Thanks to the rise that started, albeit delayed, the price increased by nearly 20 percent. XRP CoinThe altcoin, which has been lagging behind for a long time compared to ‘s earnings, is experiencing this growth based on the extremely positive change in general market sentiment.

In an environment where closings above $ 0.414 continue, it seems possible for the ADA Coin price to target $ 0.512 and $ 0.565. After the last resistance level turns into support, peaks between 0.8 and 1 dollars will now be targeted.

Solana (LEFT)

Finally and again, SOL Coin price is above $200. We mentioned that closings above $ 188 could pave the way for an increase up to $ 210. An upward break is coming, although it may cause disappointment for short-term investors who have been turning the ups and downs in the narrow range into a profit opportunity for a long time. If closings above $205-210 continue, new historical highs will be targeted at $256 and above.

In this environment where risk appetite is increasing, if the Trump victory creates a new wave of investor demand that will be seen in Google search trends, the Solana network will renew the demand. meme coin We may see a hype period. Experiencing such a huge hype period in this environment SOL Coin The price can very quickly move to difficult-to-predict peaks.

Dogecoin (DOGE)

The largest meme coin by market cap DOGE It has not yet achieved permanence above $0.2. However, the price that does not move away from the resistance signals to everyone that it can overcome this point with more attempts. Just like the one that continues to linger at the bottom of the ATH level BitcoinAs did. dogecoin $0.198137 (DOGE) is experiencing its best days due to the recovery in general market sentiment, the expectation of a strong rally in meme coins created by the belief in bull markets, and Elon Musk’s role in the Trump administration with the DOGE proposal.

After $0.229 and $0.28, the journey to $0.33 and above to $1 may continue in this cycle. Or the third world war breaks out and prices rush to new lows. The high-risk nature of crypto should not be overlooked even on the most exciting days.

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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