📈 🎯 Cardano (ADA) Price Analysis: Wave (ii) Correction to Precede Wave (iii) Rally? 🚀
Cardano's🧐
📈 Cardano (ADA) Price Analysis: Wave (ii) Correction to Precede Wave (iii) Rally? 🚀
Cardano's ADA is expected to develop a new low as part of the blue wave (ii) correction, but this move should conclude with sufficient distance from the $0.31 support. This would set the stage for the blue wave (iii) to take over and drive the price decisively above the $1.32 resistance. 🌟
*Primary Scenario 📊*
- *Wave (ii) Correction*: ADA is expected to develop a new low as part of the blue wave (ii) correction.
- *Distance from $0.31 Support*: The correction should conclude with sufficient distance from the $0.31 support to allow for a strong wave (iii) rally.
- *Wave (iii) Rally*: The blue wave (iii) is expected to drive the price decisively above the $1.32 resistance.
*Alternative Scenario 📈*
- *Low of Wave Alt.(ii) Settled*: The low of wave alt.(ii) in blue may have already been settled back in February.
- *Breakout Above $1.32*: Confirmation of this alternative trajectory would arise with a clear breakout above $1.32.
*Technical Analysis 🔍*
- *Wave Pattern*: The wave pattern suggests that ADA is in a corrective phase, with a potential new low expected.
- *Support and Resistance*: The $0.31 support and $1.32 resistance levels are key to determining the direction of the market.
*Conclusion 📚*
The primary scenario suggests that ADA will develop a new low as part of the blue wave (ii) correction, followed by a strong wave (iii) rally. However, the alternative scenario suggests that the low of wave alt.(ii) may have already been settled, and a breakout above $1.32 could confirm this trajectory.$ADA $BTC $SUNDOG
# __The Future of Space Exploration: How High Can Humans Go in 2025?__
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As we continue to push the boundaries of space exploration, the question on everyone's mind is: how high can humans go in 2025? With private companies like SpaceX and Blue Origin leading the charge, and governments around the world investing heavily in space programs, the possibilities seem endless. In this article, we'll explore the latest developments in space exploration and predict what's in store for humanity's next giant leap.
# Recent Advancements in Space Exploration
In recent years, we've witnessed significant advancements in space exploration, including:
1. *Reusable Rockets*: SpaceX's reusable rockets have revolutionized the space industry, making launches more efficient and cost-effective.
2. *Private Space Stations*: Companies like Axiom Space and Bigelow Aerospace are developing private space stations, which will provide new opportunities for space research and tourism.
3. *Mars Exploration*: NASA's Perseverance rover has been exploring Mars since February 2021, providing valuable insights into the planet's geology and potential habitability.
4. *Commercial Spaceflight*: Virgin Galactic's SpaceShipTwo has been carrying tourists to the edge of space, marking the beginning of commercial spaceflight.
# Predictions for Space Exploration in 2025
Based on current trends and developments, here are some predictions for space exploration in 2025:
1. *Establishment of a Human Settlement on the Moon*: NASA plans to return humans to the Moon by 2024 under the Artemis program, with the goal of establishing a sustainable presence on the lunar surface.
2. *Manned Mission to Mars*: SpaceX's Starship program aims to send both crewed and uncrewed missions to Mars in the mid-2020s, with the goal of establishing a permanent human settlement on the Red Planet.
3. *Commercial Space Stations*: Private space stations like Axiom Space's ISS module and Bigelow Aerospace's B330 will provide new opportunities for space research, tourism, and commerce.
4. *Advances in Space Technology*: Continued advancements in space technology, such as more efficient propulsion systems and advanced life support systems, will enable deeper and longer-duration space missions.
# Challenges and Opportunities
While there are many challenges to overcome, such as radiation exposure, gravity mitigation, and the psychological effects of long-duration spaceflight, the opportunities presented by space exploration are vast:
1. *Resource Utilization*: Space contains vast resources, such as minerals and energy sources, which can be harnessed to support human civilization.
2. *Scientific Discovery*: Space exploration has led to numerous scientific breakthroughs, from our understanding of the universe's origins to the discovery of exoplanets.
3. *Inspiration and Education*: Space exploration has the power to inspire future generations of scientists, engineers, and innovators.
# Conclusion
As we look to the future of space exploration, it's clear that humanity's next giant leap will be driven by a combination of technological innovation, private investment, and government support. While there are challenges to overcome, the opportunities presented by space exploration are vast, and the potential rewards are well worth the risks.
# Recommendations
1. *Support Space Exploration Initiatives*: Support government and private initiatives that promote space exploration and development.
2. *Invest in Space Technology*: Invest in companies developing space technology, such as propulsion systems, life support systems, and materials.
3. *Encourage STEM Education*: Encourage students to pursue STEM education and careers, which will be essential for the future of space exploration.
4. *Stay Informed*: Stay informed about the latest developments in space exploration through reputable sources, such as NASA, SpaceX, and the European Space Agency.
5. *Inspire Future Generations*: Inspire future generations of scientists, engineers, and innovators by sharing the wonders of space exploration and the potential rewards of pursuing a career in this field.
BITCOIN Is it owed a classic parabolic rally based on the Gold/BTC ratio?
Bitcoin (BTCUSD) has been
BITCOIN Is it owed a classic parabolic rally based on the Gold/BTC ratio?
Bitcoin (BTCUSD) has been trading on a highly structured manner within a Channel Up for the entirety of its Bull Cycle since the November 2022 bottom. We've discussed before how this is the smoothest Cycle of all.
What we didn't bring into the mix before was the Gold/BTC ratio (black trend-line), naturally negatively correlated to Bitcoin, which has been trading within a Channel Down since its January 2023 Top. As you can see it posts the same pattern on every Cycle: Channel Down (blue), followed by its bearish break-out and a huge drop (red ellipse) that prices the Bull Cycle Top on BTC.
So far every BTC Cycle had its parabolic rally (green ellipse) when the Gold/BTC ratio broke downwards. Does the market owe one this time also?