Cryptocurrencies Price Prediction: Cardano, Terra & Bitcoin – American Wrap 24 May
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Can Cardano price drop lower after losing 80% since its all-time high?
Cardano price has recently achieved a significant and historical marker. That marker is ADA officially hitting the longest downtrend since 2018. Coincidentally, since reaching this new milestone, Cardano is very close to completing an extremely important time cycle.
This is how low Bitcoin can go
Bitcoin price barely holds on to the $29,000 value area as support. $29,000 is where the 2021 lows, 61.8% Fibonacci retracement, and the bottom of the final high volume node in the 2022 Volume Profile currently exist.
Do Kwon in trouble as Korean police urges Upbit, Bithumb, Coinone, Korbit and Gopax to freeze Terra’s assets
Do Kwon faces legal proceedings in South Korea while endorsing a revival plan to fork Terra with a new token, excluding TerraUSD. On Wednesday, South Korean authorities are scheduled to meet cryptocurrency exchanges Upbit, Bithumb, Coinone, Korbit and Gopax after instructing them to freeze Luna Foundation Guard assets.
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