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📈 Analysis and Prediction (ADA and TWT): 🚀 ADA/USDT - On October 2nd, #cardano reached a 30-day high of $0.28. From September 27th to October 5th, the indicator increased from 62.74% to 63.5%. Perhaps the ecosystem participants have responded positively to the recent development activity of the Cardano team. 63.5% represents the highest level of ADA staker activity since June 22, 2023. Considering that more coins are being taken out of circulation by holders, the asset's price may gradually rise above the $0.30 mark. Another confirmation of the bullish forecast is the noticeable increase in demand for Cardano. On October 2nd, 3860 new addresses were registered on the network. In the first week of October, a total of 11,383 wallets joined the ecosystem. If market participants remain active, the next wave of demand could push ADA towards the $0.30 level. Cardano could potentially reach $0.35 if the bulls manage to overcome resistance from 509,000 addresses that bought 5.7 billion tokens at the minimum price of $0.29. 📈 What do you think about these price movements? 🤔💭 📈 TWT/USDT - #twt is currently below a descending trendline of resistance since May 28th. The asset has made multiple attempts to break above it, but has failed each time. The latest attempt led to Trust Wallet Token's price dropping to a local low of $0.71 on September 11th. The subsequent bounce formed a long lower wick and a bullish candle that engulfed the entire drop. A few days later, TWT accelerated its growth, reaching a high of $0.97 and breaking the descending resistance. In the coming days, the price of Trust Wallet Token may experience a slight pullback to confirm the long-term resistance line as support. However, continuation of the upward movement without a pullback is also quite common. 🚀📉

📈 Analysis and Prediction (ADA and TWT):

🚀 ADA/USDT - On October 2nd, #cardano reached a 30-day high of $0.28. From September 27th to October 5th, the indicator increased from 62.74% to 63.5%. Perhaps the ecosystem participants have responded positively to the recent development activity of the Cardano team. 63.5% represents the highest level of ADA staker activity since June 22, 2023. Considering that more coins are being taken out of circulation by holders, the asset's price may gradually rise above the $0.30 mark. Another confirmation of the bullish forecast is the noticeable increase in demand for Cardano. On October 2nd, 3860 new addresses were registered on the network. In the first week of October, a total of 11,383 wallets joined the ecosystem. If market participants remain active, the next wave of demand could push ADA towards the $0.30 level. Cardano could potentially reach $0.35 if the bulls manage to overcome resistance from 509,000 addresses that bought 5.7 billion tokens at the minimum price of $0.29. 📈

What do you think about these price movements? 🤔💭

📈 TWT/USDT - #twt is currently below a descending trendline of resistance since May 28th. The asset has made multiple attempts to break above it, but has failed each time. The latest attempt led to Trust Wallet Token's price dropping to a local low of $0.71 on September 11th. The subsequent bounce formed a long lower wick and a bullish candle that engulfed the entire drop. A few days later, TWT accelerated its growth, reaching a high of $0.97 and breaking the descending resistance. In the coming days, the price of Trust Wallet Token may experience a slight pullback to confirm the long-term resistance line as support. However, continuation of the upward movement without a pullback is also quite common. 🚀📉

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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📈 Prediction (LINK and PEPE): 👍LINK/USDT - The coin's price has been fluctuating over the past few days, resulting in the token trading around $17.2 at the time of writing. It is expected that this downturn will continue due to various factors, including a decrease in investor participation. Over the last two weeks, the number of addresses conducting transactions on the network has decreased by almost 45%, from 5,560 to 3,070. The decline in network activity indicates a waning interest from investors. Forecast: From a technical standpoint, Chainlink is gearing up for another correction. On the daily chart, a "head and shoulders" pattern is forming, which is considered a bearish reversal formation. The neckline of the pattern is located at $17.85, providing support to the price, but a sustained close below this level could trigger a correction to $14.02, marking a 21% decline. However, a large accumulation of #LINK tokens purchased between $15.56 and $17.48 could halt the decline. As investors refrain from selling assets at a loss, this level could provide support to Chainlink. Nevertheless, the coin will need to establish itself above the $17.85 level to refute the bearish scenario. 😀 PEPE/USDT - Currently trading at $0.00000644, the coin is slightly above the crucial support line of $0.00000633. This boundary has remained steadfast over the past month. Judging by investors' bullish sentiment and positive signals from the Ichimoku cloud, which indicates a bullish trend when positioned below the candles, the token is poised for a potential rebound. This could drive the price above $0.00000826 and even towards a new all-time high of $0.00001000. However, if #PEPE breaches the current support level, it could trigger a correction, casting doubt on the bullish forecast and potentially leading to a decline to the next support level at $0.00000474. 📊 Please share this analysis with others.
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🤖 AI News (Apr 6, 2024): 1️⃣ Reuters: #AI will lead to a reduction in employee hiring over the next five years. According to a survey of executives from 2000 large companies worldwide, about 40% of top managers expect a decrease in staff due to neural networks. 📉 2️⃣ Amazon: The platform for creating generative AI applications, #Amazon Bedrock, has added the large language model (LLM) Mistral Large. The company noted that the chatbot is "perfectly suited" for solving complex and specialized tasks such as text or code generation. 💬 3️⃣ ScienceDaily: Engineers from the University of Austin (Texas) have introduced a "brain-computer" interface designed to improve the lives of people with motor impairments. Scientists stated that they have overcome the main obstacle to mass adoption — meticulous customization for each user. 🧠 4️⃣ The Verge: #Microsoft is testing a chatbot for automating Xbox technical support tasks. According to their data, the tech giant is developing an AI model in the form of an animated character. It will assist with support requests and refunds. 🎮 5️⃣ Stable Audio: Stability AI has introduced a new iteration of Stable Audio with an expanded set of features for creating sound clips. The first-generation model can generate audio files up to 90 seconds long. Stable Audio 2.0 creates tracks twice as long and with more user customization options. 🎶 🔍 Subscribe to stay updated on the latest news in artificial intelligence and technology!
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🪙 Crypto News (Apr 6, 2024): 1️⃣ Lookonchain: A trader multiplied their investments by 195 times on one of the meme tokens on the Solana blockchain. On April 4th, a user bought 261.27 million TEH EPIK DUCK (EPIK) coins for 30.3 SOL ($5300). Just a day later, through a series of transactions, they sold 231.27 million #EPIK for 5936.7 SOL ($1.04 million). 🎉 2️⃣ Grayscale: Investment company Grayscale Investments removed Cardano (ADA) and Cosmos (ATOM) tokens from its portfolio. According to the latest data, the GDLC's foundation now consists of bitcoins (70.96%) and Ethereum (21.84%). Additionally, the company holds 4.52% Solana (SOL), 1.73% Ripple (XRP), and 0.95% Avalanche (AVAX). 💼 3️⃣ BeInCrypto: The Bank for International Settlements (BIS) and central banks of seven countries are joining forces under the Agorá project to explore tokenization opportunities in the traditional financial system. Central banks of France, Japan, South Korea, Mexico, Switzerland, England, and the Federal Reserve Bank of New York will work on the Agorá project. This initiative is a significant step towards merging the digital and traditional monetary spheres. 💰 4️⃣ Crypto Koryo: In the first quarter of 2024, venture investments in the crypto industry reached $2 billion, breaking a two-year downward trend. The top 5 largest investments for the quarter included #HashKey ($100 million), #EigenLayer ($100 million), #Zama ($73 million), Berachain ($69 million), and Figure ($60 million). 📈 5️⃣ Dune Analytics: The total trading volume on the decentralized exchange (DEX) #Uniswap exceeded $2 trillion. The platform reached this milestone on April 5th, 2024, around 11:55 UTC. Remarkably, the total trading volume on the Uniswap exchange surpassed the gross domestic product (GDP) figures of countries like Australia, Brazil, and South Korea. 🌐 🤔 Share your thoughts in the comments!
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🪙 Crypto News (Apr 6, 2024): 1️⃣ PayPal: On April 4, the payment company #PayPal announced the launch of its cross-border payment and transfer service, Xoom. The service is available to customers in the United States, allowing them to send money to recipients in approximately 160 countries using the PYUSD stablecoin. 💸 2️⃣ Ethena Labs: Ethena Labs, the issuer of USDe, has added #Bitcoin as another asset to back its stablecoin. According to the company, this move will significantly accelerate the project's scalability. 🚀 3️⃣ Richard Opany: Users of X have begun sending cryptocurrency to Kenyan Richard Opany to purchase goats. In return, he names the goats after tokens, networks, or well-known personalities. According to on-chain data, Opany has received over $1700 in various assets to his address. He has already transferred some of the funds to cryptocurrency exchanges. Opany stated that he can only keep a maximum of 15 goats, but orders from the community are much higher. He promised to provide updates on each goat in the future. 🐐 4️⃣ Nikkei: #Sony Bank, the banking arm of the Japanese conglomerate Sony Group, is working on issuing a stablecoin backed by fiat currency. The bank is considering using this payment method for enterprises utilizing Sony Group's intellectual property in gaming, sports, and other industries. 🎮 5️⃣ Binance: The cryptocurrency exchange #Binance has announced the completion of integrating 35 decentralized applications (dApps) into its Web3 Wallet. 💼 🚀 Subscribe to our channel for more positive news about the world of cryptocurrencies!
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📈 Prediction (WLD and FTM): 🤫 #WLD/USDT - Currently, #WorldCoin finds itself in a challenging situation, as evidenced by a significant decline in the 30-day MVRV ratio to -14.98%. Such a decrease usually indicates undervaluation of the asset, which often implies potential recovery in price. However, current market trends warn that this time the situation may be different. The recent sharp drop in the MVRV ratio, combined with worsening investor sentiment, is concerning. This is also reflected in the decrease in the number of intraday active addresses to the lowest level since February 17, indicating a reduction in the level of engagement and confidence among #WLD community members. All of this indicates the precariousness of WLD's position and suggests the continuation of the current downtrend. Forecast: On March 28, WorldCoin's exponential moving averages (EMA) formed a "death cross" as the short-term EMA crossed below the long-term one, signaling a potential bearish market. Following this event, the price of WLD decreased by 18.72%. The widening gap between the EMA lines indicates an intensifying downtrend, suggesting increasing selling pressure. Considering the current market conditions and the threat of WorldCoin's operations being halted in more countries, the price of WLD may test the support level of $5.7. A breakthrough below this level could lead to further losses. However, if the market undergoes a reversal and an uptrend begins, WLD may target a rebound towards the first resistance level of $9.47, giving investors hope for price recovery. 😵 #FTM/USDT - Forecast: Exponential moving averages (EMA) on the 4-hour Fantom chart formed a "death cross." This technical pattern suggests the possibility of a significant sell-off. If the downtrend persists, the price of #FTM may approach the support zone of $0.71. Failure to hold this level could trigger further decline to $0.55. On the other hand, a breakthrough above the resistance level of $0.98 would pave the way for a retest of the $1.22 zone, which could signal a bullish reversal. 🔍 Please, share.
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