Important Prediction for Cardano, DOGE, DOT, LUNA, ATOM, AXS and LINK!

Most members of the cryptocurrency market have lost more than half from their November 10 peak price. January 25 is marked by signs of recovery with double-digit gains. In this article, let’s take a look at Twitter analyst Altcoin Sherpa’s technical analysis for Cardano, Cosmos and 5 altcoins, keeping in mind that the predictions are not exact.

Cardano, DOT and ATOM analysis

Altcoin Sherpa starts with Cardano (ADA). According to the analyst, Cardano may hold on to the $1 support. However, he thinks it could slide back to $0.40 if it fails. Sherpa shares the resistances below and critical support highlighted in green in the technical section.

The second-ranked Poladot (DOT) will meet a possible pullback at the $15 support.

As for Cosmos (ATOM), according to Sherpa, the price of ATOM could drop as low as $20. However, ATOM has moved away from this area 40% at current levels.

Altcoin Sherpa thinks $30-40 zone is critical in LUNA

Another altcoin on the analyst’s list, DeFi payment network Terra (LUNA), the region between $30 and $40 could serve as an important support level for LUNA, according to Sherpa.

Important Prediction for Cardano and 6 Altcoins!

Sherpa thinks that Dogecoin (DOGE) may face selling pressure if it drops below the $0.128 support.

Important Prediction for Cardano and 6 Altcoins!

Altcoin Sherpa is also examining the chart of metaverse coin Axie Infinity (AXS). According to the analyst, the strongest support for AXS is located at $35.

Important Prediction for Cardano and 6 Altcoins! Lastly, Altcoin Sherpa, whose analysis we share, takes a look at Chainlink (LINK). According to the crypto strategist, LINK could potentially react to the upside at $12.

Important Prediction for Cardano and 6 Altcoins!

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