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Cardano is dead that coin is finished Get it out of your portfolio is what a Lot of people are saying cuz when you Look at the price action everybody it Doesn't look fantastic look at some of These headlines just recently is cardano Dead in 2024 from binance is cardano Dead and then we have the dead coins Report 2024 and it seems like cardano is Topping the list but these people Couldn't be more wrong and in fact I'm Going to tell you two other coins that I Think are definitely not dead although The naysayers are saying it is and where I think these coins are going to go in The future but we're starting with Cardano and one of the reasons I know That thing is not dead is the notable Development activity happening over the Last month if you don't know what this Is these are devs working on the project Devs developing cardano and cardano Coming in at number three here and not Only that cardano's on the upswing while Some of these coins are on the downswing So and people are getting excited about A massive upgrade happened to cardano so You know maybe articles are out there Trying to suppress the price right Before the price goes parabolic and just Rallies to the upside potentially even $5 this cycle bitfinex becomes first Exchange to confirm Readiness for the Cardano Chang hard Fork everybody
There's a massive massive upgrade Happening on the cardano ecosystem if You want to learn more about that we Have it right here most significant Milestone in cardano's history we Covered it about a month ago if you want To learn more about the coin in general Including its origin go watch this video Right there and with the Chang hard Fork People are starting to get get very very Bullish in fact cardano is formed one of The most bullish chart patterns in Technical analysis and is called the Breaker block pattern and not only that We have the stochastic RSI is about AC Cross on the monthly chart now the Stochastic RSI is a very bullish sign is When this blue line passes the orange Line and then that sets up previous Rallies in the past especially when it's A back test of the breaker we have a Back test of the breaker right here you Can see you know back testing what Happened right there here we're back Testing what happened right here and We're about to have a stochastic cross On the RSI now this is very very bullish And you see what happened last cycle Potentially forming something very very Bullish this cycle as well in fact uh When the same thing happened to Bitcoin In 2023 it was a big move to the upside Here so ignore the people who post Nonsense saying Ada won't rally high
Probability with this chart setup that Cardano is going to Rally hard cardano Far from finished everybody and if you Look at the order book it is largely Agreeing here a lot more people trying To buy the dip than sell any kind of Pump right there and if I had to choose A deep cut for cardano I'm a big fan of World mobile token and snack these are Two uh two of the top projects building We have a meme coin and then we have a Telecom play now to see the second coin People are considering dead everybody I'm using the same metric we just Checked and that's going to be the Santiment uh development activity report Number one is ICP and ICP also on the Upswing here so ICP a lot of mov Movement to the upside now you see all These articles you see in videos is ICP Dead ICP is finished the large reason is Going to be the way that token was Launched by all measures this was a Failed launch everybody but when you Look at the last 3 months starting to See some bullishness I'm starting to see Some higher lows and I'm starting to see A chart pattern that maybe wants to Break to the upside but it's not only Just the last three months we can pull Out the weekly charts here this is uh ICP on the weekly and right now we are Retesting a previous support range you Can see you know this was acted as
Resistance resistance and the support Band potentially setting up a massive Movement to $80 Target can ICP go to $80 Cuz it's clearly not dead you see the Devs are building here and folks I found Something very bullish in the charts Here now if you'll notice the very top Range it's kind of hard to tell because It's on a log chart well what would you Know look right there right there at That $80 range the reason this is Important that was the first level of Resistance after it finally seemingly Found a little bit of a local bottom Traded sideways you know this was uh June of 2021 uh later end up peaking in September of 2021 so this is several Months right here on the 3-day chart Looks like you know very very uh Potential Target hitting the top of the Fibonacci here at the 4.236 now the next level though I would Be paying attention to would just be the 382 you can see it kind of acted as Resistance before I think we're going to Break through this but it'll stop there For a while and good potential potential To come back even lower so that's going To be right there at $10 so not only do You have it on the 382 strong Psychological support level and ICP They're making Partnerships they're Doing things with the UN they're doing Things with governments and ICP If you
Don't know what it is it is a Alternative to corporate cloud services So a lot of data on a blockchain and so Having something with a credentials Pilot program Cambodia perfect use case For ICP and then the last and final coin I'm going to do and then I'm going to Give you a sleeper pick at the end here Is also going to be on this list and it Is polka dot you can see polka dot also On the rise when it comes to development Now polka dot is it dead you're seeing The same stories oh my god oh it's is Done in fact they even making meme coins Over polka dot being dead the truth is It finally happened polka dot is dead Now I'm not saying go buy this meme coin I know nothing about it it's just Showing you how strong that narrative Was they're actually making fun of it But folks I think a rebound is imminent I think polka dot is about to have a Huge huge rally one of the main reasons Is dot is oversold we're in these Oversold regions and this is going to Attract more Traders is going to attract More buyers on the Range not only that The number of active addresses on the 7-Day moving average is about a 25% pump Right there you can see the active Addresses I think maybe that was the Bottom and now the active address is Just going to continue to go higher and Higher as the active addresses go up so
Does the price it just marches in lock Step now polka dot Doesn't look like the best on the charts Right now but the potential is there you Can see it was above $50 last cycle but Where's Polkka dot going to go this Cycle that's what people want to know Well there's insane polka dot targets Out there this guy is saying polka dot Is about to have a huge huge rally going From the current level you know around $4 right now $4.80 and this thing is going to pump All the way up to $24 potentially so We're trading within say a descending Triangle well folks I kind of see a Little bit of a falling wedge if you Don't know what a falling wedge is Falling wedge is a bullish signal Meaning typically the price goes up it Says the sellers are losing momentum and The buyers are moving in to slow down The fall the fall of the price there so Here you can see dot looks bullish a Breakout above the current resistance Trend line could trigger a Great Rally Towards $24 well it's $24 in the cards I Did the same thing here we're looking at The weekly and I pulled out the FIB Extension from the swing High down to The swing low everyone and this is a Multi-year support area you can see you Know we just perfectly tested this when Bitcoin was in freefall altcoins were
Just you know bleeding bleeding against Bitcoin this past week it hit this Certain line we also hit it in October 2023 the markets were very very bullish That time and you can see is basically You know where it found at support Previously though but $24 let's talk about a $24 polka dot When you use the Fibonacci you're going To see a couple targets to the upside And one of you know uh right here really Really close to $24 is the 2618 but I Think it's actually going to uh you know Maybe pause before that right around This $23.90 range and then that's just going To be you know a local area of Resistance due to the previous Cycles it Was kind of where it stopped last time Probably going to stop there again this Time folks that would be the first area I would be looking at you can see on the Daily range you know just a very very Important level acted as support acted As support pretty much acted as support Then turned into resistance so I think We're going to have to uh burst through That first so dot $24 very very doable Everybody now falling wedge also you Know pointing to movement to the upside Now dot has a giant ecosystem if I to Choose just one winner you know maybe a Little bit of a a risky play here uh but It's Asar Asar they're kind of doing
Cool things they just did something with G-Shock and so uh yeah they're actually Releasing G-Shock with the logo on there So pretty bullish stuff you know that It's a giant giant ecosystem they're Doing all types of things a lot of real World asset plays in The pokka Dot Ecosystem but you can always find that By going to polka dot on coin Gecko and Then on the left side you're going to See there chains hit that polka dot Ecosystem and then it just unlocks the Whole ecosystem up for you folks so Those are the three coins that people Are saying dead but I think is far from Dead and then even a couple sleeper Picks for you folks so let me know down In the comments is ICP dead is polka dot Dead is card dead and I'll see you at The top with your dead coins
