Tag Archives: Drawdown

PEPE’s 64% Drawdown Theory: Analyst Reveals The Level To Hold Amid Massive Price Crash

PEPE’s 64% Drawdown Theory: Analyst Reveals The Level To Hold Amid Massive Price Crash

An analyst on social media platform X has highlighted a crucial support level for PEPE, as the meme coin faces a significant drawdown from its recent highs. Based on historical price trends, the analyst noted that PEPE has consistently experienced an average drawdown of approximately 64% following each local peak. The ongoing correction has placed PEPE around this retracement level, …

Read More »

Cardano Price Eyes Breakout To $6 After Bouncing From 43% Drawdown

Cardano Price Eyes Breakout To  After Bouncing From 43% Drawdown

Este artículo también está disponible en español. The Cardano price is targeting a bullish breakout to $6 after experiencing a bounce from its initial 43% downturn. While other cryptocurrencies like XRP and Bitcoin (BTC) recorded massive gains in this bull market, Cardano (ADA) maintained a relatively muted price last year, experiencing significant volatility. Despite this, analysts remain bullish on ADA, …

Read More »

Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffirms Bitcoin’s ability to bounce back from local lows, maintaining its upward trajectory. Top analyst Axel Adler shared valuable …

Read More »