It's not always easy to find cycle coins, we know that cycle coins are the NO 1 favorite by the whales when they have a view of it, and see the possibility of it they start to add DCA, which means the coin can have significant effects on the short and long term.
Depending on our study that did depend on the scans of Cycle coins, we found out that ANT is into a cycle.
This study will stay in our view and it's not trading advice.
Most of the time a cycle coin means a coin that holds the levels and increases to higher targets.
we will follow this coin to see if our study will get a confirmation that this is exactly the cycle coin that we did study.
The next potential hype on crypto markets could be Decentralized Autonomous Organizations (DAOs). DAOs have been around for a while, but their potential is only now starting to be realized. They can be used to facilitate the creation and management of decentralized projects, and are seen as having the potential to revolutionize the way organizations are run. DAOs are also seen as a potential solution to the problem of centralized control within the cryptocurrency space, allowing for greater autonomy and transparency in the way projects are run.
Depending on the chart view this coin is able to do the 13 USD price action, but in, first of all, we focus on the 3 USD price action to see if it will have a confirmation. we know that most markets are in a bear market, but even then cycle coins make a difference.
The powerful trend on cycle coins is that they are strong all time, and even with a small breakdown trend they return to before levels and up.
This is our view, do always your study and confirmations before you enter any market.