TL;DR ETH slumped by 6% amid the broader market correction, but whale accumulation, a nine-year low in exchange balances, and steady ETF inflows hint at a possible rebound in the near term. ADA dropped even more, yet analysts remain bullish, with some predicting a surge beyond $4 if the asset clears key resistance at $0.92….
TL;DR Analysts cite bullish chart patterns to envision potential price breakouts above $3 and even a new all-time high of over $4. A rising outflow of ADA from exchanges to self-custody wallets suggests strong holding behavior, while Grayscale’s proposed spot ETF (now awaiting SEC approval) could open the floodgates to mainstream investment if approved. Time…
This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) In the past few days, Ethereum entered a consolidation period with the price hovering at similar levels to last week. If selling intensifies, then the first key support is found at $3,300. Should that fall later, then buyers will likely…
TL;DR ADA breaks past $0.85, flipping resistance into support and setting up a possible run toward $1.60. Futures open interest rises to $1.7 billion, indicating strong interest from traders across the board. A long-term chart pattern suggests that ADA could repeat past surges and push toward the $2.40 area. Cardano Breaks Out of Multi-Month Pattern…
ADA tested the $0.90 resistance, but was unable to break it. What’s next for Cardano’s native asset? Key Support levels: $0.64, $0.80 Key Resistance levels: $0.90, $1 1. Key Resistance Stops the Uptrend After buyers moved ADA to the $0.90 resistance, the bullish momentum took a pause. Sellers are currently pushing back on the price,…