Cardano

Satoshi

Rekt (rektarb.xyz)

Rekt

Coin

<p><a href="https://newsletter.rektcapital.co/altcoin-newsletter-183/" target="_blank" rel="nofollow">Rekt Capital released</a> the price analysis of ADA and FET in their latest newsletter. Their analysis shows ADA broke out of its blue accumulation range to start a new macro-uptrend in late 2023. The accumulation zone is the blue-blue range between $0.2449 and $0.4015.&nbsp;</p> 
<p>However, <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank">Cardano</a> is now returning to the range and is showing signs of turning the range high at $0.4015 into a new resistance this month, which could make its price continue to trade within the range for a while.&nbsp;</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-1024x723.png" alt="" class="wp-image-521744" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-768x542.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-2048x1446.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-194.png 1000w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/wheres-kas-price-headed-next-amid-ongoing-kaspa-network-issues/" target="_blank">Where’s KAS Price Headed Next Amid Ongoing Kaspa Network Issues?</a></em></strong></p> 
<p>Rekt Capital suggests that if the price closes decisively into the range, it could move deeper into the accumulation to hit the support at around $0.2449. At that point, there is a major confluence between the accumulation range low and a rising trend line, suggesting that the zone could be the bottom.&nbsp;</p> 
<p>This price pattern shows that Ada could be ready to plummet by around 40%, and it can only be reverted if the price breaks or closes above the high range of the accumulation zone this month. This means the price must break above $0.40 for a chance to rally higher.</p> 
<h2 class="wp-block-heading" id="fetch-ai-fet-usdt">Fetch ai – FET/USDT</h2> 
<p>FET has been in a downtrend for almost 4 months and is now testing the old all-time high from late 2021, which is around $1.195 (the black line on the chart).</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-1024x723.png" alt="" class="wp-image-521752" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-768x542.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-2048x1446.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-195.png 1000w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>If the price retests at that point, then a rally could start. However, if it continues the dip and turns the support to resistance, the downtrend could continue to be as low as the red line around $0.8, the red area, which was a major support in 2021. There is a high chance that the red zone could be a strong support for price if the downtrend continues.&nbsp;</p> 
<p>There is also a descending trendline that has acted as resistance to the FET price. For the token to break bullish and end the ongoing corrective phase, it needs to break above the descending trend line.&nbsp;&nbsp;</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>Based on Rekt Capital’s analysis, even if the price bounces off the $1.195 support, the orange descending trend line is still a major price resistance, and if it continues to hold, the black line will eventually fail as support.</p> 
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram group.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/cardano-ada-to-dip-by-40-if-crucial-support-fails-fetch-ai-fet-recovery-hinges-on-this-trendline-breakout/">Cardano (ADA) to Dip by 40% if Crucial Support Fails; Fetch.ai (FET) Recovery Hinges on This Trendline Breakout</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Cardano (ADA) to Dip by 40% if Crucial Support Fails; Fetch.ai (FET) Recovery Hinges on This Trendline Breakout

Table of Contents

CaptainAltcoin

Other articles published on Jul 6, 2024

Airdrops with Easy Entry Requirements

XRP Price Prediction: Can XRP Reach $1 in July Amid Ripple's SEC Battle?

Lido DAO Votes To Appoint Entity to Respond In Pending Class Action Litigation

Dogwifhat: How High Can WIF Price Trade in July?

Elon Musk Pledges Personal Backing for Dogecoin amid 15% Plunge

JasmyCoin Price Prediction for Today, July 6 – JASMY Technical Analysis

Join our free newsletter for daily crypto updates!