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Reading: Current Analyst Predictions for ADA and XLM Coin January 16 Comment
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EdaFace Newsfeed > Latest News > Technical Analysis > Current Analyst Predictions for ADA and XLM Coin January 16 Comment
Technical Analysis

Current Analyst Predictions for ADA and XLM Coin January 16 Comment

vitalclick
Last updated: January 16, 2025 6:26 pm
1 week ago
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cryptocurrencies The critical date for is getting closer and Trump will be inaugurated just days later. It is already time to stop crypto cases that are not within the scope of fraud and crypto- There is talk of issuing supporting decrees for this purpose. Moreover, a crypto-friendly SEC will decide for many ETFs awaiting approval. So what are the predictions for ADA and XLM Coin?

ADA Coin and XLM ReviewBad Times to Sell Bitcoin

ADA Coin and XLM Review

Old cryptocurrencies Even though they have managed to survive, it is a success with their current large market values. The list of the 100 largest cryptocurrencies changes many times throughout the year, and some are deleted from there never to return.

The analyst nicknamed Altcoin Sherpa shared his predictions about the markets today and opened a special topic about ADA Coin and XLM Coin. The analyst wrote the following for ADA Coin;



“ADA is a coin that ALMOST reached old ADABTC highs (2017-2018) in the last cycle in 2021. “The graph itself looks pretty strong and I think this one will keep moving as long as the other dinosaurs keep going.”

XRP Coin The point where its rise has reached today has excited the investors of large altcoins compared to other market values. For now, although ETH continues to linger helplessly at $3,300, this vicious circle needs to be broken.

Altcoin Sherpa XLM Coin He argues that the price may continue to benefit from the XRP rise.

“XLMis highly correlated with XRP and will follow suit. I don’t like buying it because XRP (the leader) should still outperform it. However, as long as XRP remains strong, it will perform quite well overall. According to me.”

Bad Times to Sell Bitcoin

Crypto Rover thinks so, and he’s not that wrong. These days are just like ETF It looks like approval days. Yes, the anticipation brought a great uptick, but the confirmation did not cause that much excitement. However, after the ETF approval, we saw that the real big movement was stronger than the expectation pricing.

If Trump cryptocurrencies If it continues to show the seriousness it has shown by choosing crypto-friendly names in appointments, we may hear a lot of good news in the coming period.



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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