Strong support around .000498 levels. Safe place to long or enter the market. With the BTC halving approaching in April, be prepared for a nice market correction around the 50-52K BTC levels. Keep in mind the top two holders of Ladycoin is Bybit and Crypto.com. Crypto.com captured 13M out of the 40M market cap that Ladycoin has at the date I am writing this 2/12/24. Bybit is holding about 9.03M of that total mkt cap.
Be prepared for profit taking at the 0.0017ish levels. where that big candle came in on 12/10/23.
ETA on skyrocket for Ladycoin should be July-Oct 2024. That analysis is based on the time it takes for BTC to make new ATHs after the halving which is usually 6-12 months but I believe we will be fast tracked this cycle around due to the ETF that has been launched.
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