Cardano [ADA] Ripple [XRP] Polkadot [DOT] Price Analysis Prediction Feb. 16

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Cardano's fell to the 20-day EMA ($0.66) today,   but the bulls purchased this dip, which shows that 
sentiment remains bullish. The buyers will now try   to push the price above the $0.981 resistance.
If they succeed, the Cardano pair may resume   its uptrend, with the next target 
objective at $1.25 and then $1.50.  Contrary to this assumption, if the price 
turns down from the overhead resistance,   the pair may consolidate in a large range 
between $0.981 and $0.687 for a few days.  This positive view will be negated if the bears 
sink and sustain the price below the 20-day EMA.   Such a move will suggest that supply exceeds 
demand and will signal a possible change in trend.

Ripple price turned down from the 
overhead resistance at $0.65 on Feb.   14 and plummeted to the breakout level 
at $0.50. The retest was successful,   as the altcoin bounced back sharply and has 
formed a long tail on the day’s candlestick.  If the bulls can push the price above $0.65, 
the Ripple pair could rally to $0.7806.   The bears are likely to defend 
this level aggressively,   but if the bulls can propel the price above 
the resistance, the pair may rally to $1.  On the other hand, if the price turns down 
from $0.65 once again, the pair may fall   to $0.50 and then remain range-bound between 
these two levels for a few more days.

A break   below the 20-day EMA ($0.47) will be the first 
indication of a deeper correction to $0.3855. The Polkadot pair may now again move up to the 
resistance line of the ascending channel. If the   price breaks above the channel, the polkadot 
pair could pick up momentum and rally to $41.  However, if the bears defend the 
resistance line of the channel,   the pair may gradually continue to move up. 
The trend will turn in favor of the bears   if they can sink and sustain the price 
below the support line of the channel. Subscribe to our channel and open 
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and is for information purposes only.   It is not intended to be investment advice. 
Every investment and trading move involves risk,   you should do your own research 
while making a decision..

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