Cardano tests critical resistance, with a $0.71-$1.25 range key for a potential bull market. ADA open interest rises by 4%, signaling growing investor confidence and bullish sentiment. Long positions dominate the Cardano market, indicating strong optimism for a price breakout. Cardano (ADA) is on the brink of another critical turning point in its market cycle, challenging the macro resistance level that could define its next major trend. This resistance level now holds the key to ADA’s price movements, with investors anticipating signs of a potential bullish trend. According to analyst Dan Gambardello, a critical resistance level for ADA is located in the $0.71 to $1.25 range, referring to the area as “bull market doors.” A breakout above this level would be a strong bullish signal on the daily chart, indicating a spike in ADA price. Such a breakout might be swiftly followed by another upward movement, increasing investor attention. Source: X The $1.25 is considered a major resistance level, allowing Cardano to stabilize and start training a real uptrend. If the level is cleared, ADA will have the necessary push to increase its fight against its compet… The post Cardano’s Pivotal Moment: Can ADA Break $1.25 and Ignite a Bull Market? appeared first on Coin Edition .
Coin Edition 2025-04-24 21:00
Raydium (RAY), the largest automated market maker (AMM) platform on the Solana network, has sparked speculation among users with an encrypted message shared via its official X account. The official Raydium account has sparked discussions about a potential airdrop to be distributed to its users by sharing an “airdrop” emoji. RAY, which is currently traded on major cryptocurrency exchanges including Binance, may likely airdrop not its own token but a newly released token. The platform recently launched an altcoin launch platform called LaunchLab, with the aim of competing with memecoin launch platform PumpFun. The latest airdrop claims are thought to be related to this platform. — Raydium (@RaydiumProtocol) April 24, 2025 Related News: Onchain Data Shows Fresh Whales Have Started Accumulating Massive Amounts of This Altcoin The PumpFun development team is making millions of dollars in profits every month, and is transferring the SOL coins it earns to various centralized cryptocurrency exchanges and presumably selling them. Raydium also introduced its new platform initiative last week, aiming to get a share of the memecoin launch market. Following the emoji shared by Raydium, the value of the token jumped by approximately 4%. Graph showing the rise in RAY price following the development. *This is not investment advice. Continue Reading: This Binance-Listed Altcoin Shared a Mysterious Message from its Official X Account: Price Reacts
BitcoinSistemi 2025-04-24 20:54
The post Cardano (ADA) Enters a Decisive Phase: Will a Golden Cross Trigger a Move Above $1? appeared first on Coinpedia Fintech News The crypto market is in a pivotal phase, marked by trend reversals, mixed short-term performance and total capitalization at $2.89 trillion. While Bitcoin, Ethereum, XRP, etc., and a few more have slid down, Cardano (ADA) price has managed to keep up the bullish momentum. The third-generation token witnessed a robust rally this week, delivering over 16% gains as it surged from a low of $0.62 to $0.73. With the rise in the investors sentiments, the ADA price appears to be gearing up for its next big move. The ADA price began the week consolidating near the $0.62 to $0.63 zone but broke out strongly mid-week and climbed past the resistance at $0.68. Besides, the retail participation surged, with wallet and address activity increasing by double digits week-over-week. As per some reports, more than $16 million in ADA exited exchanges, indicating the investors moving tokens to cold storage, typically a bullish signal. The open interest in ADA-related derivatives soared alongside spot price appreciation, confirming growing market engagement. Now that the ADA price has reached an important price zone, a breakout may lead the price to trigger a rise close to $1. As seen in the above chart, the ADA price is stuck between the pivotal resistance and support levels at the 200- and 50-day MA, respectively. On the other hand, the MAC shows a drop in the selling pressure, including a bullish crossover, which could reinforce the upward momentum. Although the RSI has not yet reached the overbought range, the rise in the levels hints towards an increase in the buying interest. With the bullish technicals surrounding the ADA price rally, the next critical resistance could be around $0.77 and if the price rises above the range, a rise above $1 could be imminent. Moreover, a potential Golden cross may also ease the bullish activity in the next couple of days. The bullish sentiment has been dominating the ecosystem, supported by social chatter forecasting upside towards $1 or, optimistically, even $4 in the coming months. The crypto is in a technical and sentiment-driven upswing with key resistance levels at $0.77 and $0.1.1 as the next focus for the bulls. Therefore, sustained momentum and supportive macro conditions could propel the Cardano (ADA) price to new yearly highs.
coinpedia 2025-04-24 20:53
ZORA Coin surged 45% after Coinbase's listing announcement. The price retraced below the key resistance level of $0.027. Continue Reading: Coinbase Announcement Sparks 45% Surge in ZORA Coin The post Coinbase Announcement Sparks 45% Surge in ZORA Coin appeared first on COINTURK NEWS .
CoinTurk News 2025-04-24 20:21
According to onchain data shared by cryptocurrency data provider Lookonchain, fresh whales may have been accumulating in an altcoin over the past week. According to the data, at least 15 newly created wallets of fresh crypto whales purchased a large amount of Chainlink (LINK) on crypto exchange Binance. The data reveals that 15 crypto whales accumulated 2.52 million LINK worth $36.43 million. The fresh whales transferred these tokens to their own cold wallets. According to the data, the LINK price has also increased by around 19% in the last week, when the cryptocurrency market has been on the rise in general. The increase rate compared to other altcoins was modestly above average. The LINK price was recorded as the 34th cryptocurrency that rose the most in the last week among the 100 largest cryptocurrencies. Related News: Surprise Altcoin's Foundation Dumped Another Altcoin Today - They May Have Panicked and Sold It At the time of writing, the altcoin is trading at $15, down 71% from its all-time high of $52.88 four years ago. The coin made one of the most significant upward movements of the last period by climbing to around $30 in December 2024. *This is not investment advice. Continue Reading: Onchain Data Shows Fresh Whales Have Started Accumulating Massive Amounts of This Altcoin
BitcoinSistemi 2025-04-24 20:10
According to breaking news, cryptocurrency exchange Coinbase has added Zora (ZORA) to its listing roadmap. The token airdrop process had become controversial after it was claimed to have been launched without prior notice and was too complicated for ordinary users to claim the airdrop, giving a certain segment the advantage of being early adopters to sell their tokens. *This is not investment advice. Continue Reading: BREAKING: Coinbase Adds Controversial Altcoin to Listing Roadmap
BitcoinSistemi 2025-04-24 20:08
The post Should You Be Bullish on POL (Prev. MATIC) Price? Will It Ever Reach $1? appeared first on Coinpedia Fintech News The crypto market is witnessing some cautious declines today, with the total market capitalization dropping below $2.9 trillion. Major tokens like Bitcoin and Ethereum slipped, driven by profit-taking and market consolidation. Meanwhile, the POL (Prev. MATIC) price has been showing strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance within the market, which may help the MATIC price to keep up the bullish trend. The POL price surged over 14% to $0.2529, breaking the key resistance on strong volume amid bullish sentiment. This upward momentum follows a volatile month for POL, which plunged to a 30-day low of $0.1533 in the first week of April before staging a dramatic rebound. The current price action not only marks a striking short-term gain but also signals a potential end to the prolonged downtrend that defined the POL since December 2024. Why POL Price is Rising? WIll it Reach $1 in 2025? The rally was catalyzed by the announcement of the Agglayer Breakout Program, which aims to incentivize POL staking through project airdrops. This has increased the activity within the ecosystem and also the demand for the token has risen significantly. Technically, POL broke out above a critical resistance zone near $0.22, which had capped prices during weeks of accumulation. Therefore, this decisive move, supported by a rise in volume and open interest, suggests a genuine shift in the market sentiment, which could initiate a 30% to 40% rise. As seen in the above chart, the POL price has broken above the descending trend line but failed to secure levels above $0.257, which is an important resistance level. The crypto attempted to surpass the upper band of the Gaussian channel that could have validated the beginning of a bullish trend. However, the bears restricted the move, but the MACD formation suggests the upswing may continue as the levels are heading back to the positive range for the first time in 2025. Therefore, the POL (Prev. MATIC) price is expected to close the day’s trade above $0.257, which could validate the bullish divergence. Some overbought signals may prompt short-term volatility, but the token’s reversal from recent lows and a rise in the trader’s attention suggest the POL price could enter a new bullish phase soon.
coinpedia 2025-04-24 19:57
The digital assets market shows signs of life after prolonged consolidations, driven by macroeconomic uncertainty. While Bitcoin steadies above recently reclaimed $90,000, TRUMP and MemeFi steal the show with staggering gains in the past day. Official Trump skyrockets after dinner invitation TRUMP token saw remarkable surges today to hit a 24-hour peak of $14. A
Invezz 2025-04-24 19:56
According to onchain data that caught the radar of cryptocurrency analysts, the Fantom Foundation, which consists of the developers behind the altcoin formerly known as Fantom (FTM) and now known as Sonic (S), sold a large amount of a different altcoin it owns. According to information provided by onchain tracker Lookonchain, the Fantom Foundation has withdrawn 11.07 million CRV tokens worth $7.64 million via decentralized finance organization Curve Finance (CRV) and transferred them to cryptocurrency exchange Binance. The sale came after the CRV price had lost approximately 8% in 24 hours, raising questions about whether it was a panic sale. However, following the sale by the Fantom Foundation, the CRV price gained approximately 5%. Related News: BREAKING: SEC Delays Decision on Spot ETF Application for Surprise Altcoin The CRV price has gained approximately 34% in the last month, while the S price has lost 15% in the same period. Since the switch from Fantom to Sonic, the coin's price has dropped 37%. Currently, the Fantom Foundation has assets worth $1.89 million in known cryptocurrency wallets, $637 thousand of which is INST and $599 thousand is X33 tokens. *This is not investment advice. Continue Reading: Surprise Altcoin’s Foundation Dumped Another Altcoin Today – They May Have Panicked and Sold It
BitcoinSistemi 2025-04-24 19:17
TL;DR Binance unveiled its next delisting effort, causing an immediate market fallout for the involved digital assets. In contrast, tokens gaining support from the exchange usually experience strong rallies, highlighting the platform’s powerful influence over short-term price action. These Assets Take a Blow The world’s leading crypto exchange periodically reviews each asset listed on its platform to determine whether it meets quality, safety, or market relevance standards. Based on its recent examination, it decided to terminate all trading services with Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). The delisting is scheduled for May 2, when all sport trading pairs involving the aforementioned tokens will be removed . “ The token’s valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all (of) their accounts,” the company clarified. Binance explained that deposits involving these assets will not be credited to users after May 3, whereas withdrawals will become unavailable from July 4. “Delisted tokens may be converted into stablecoins on behalf of users after 2025-07-05 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed,” the disclosure reads. Somewhat expectedly , the news triggered a major price decline for the affected cryptocurrencies. VIB and WING crashed by 42% and 36%, respectively, while ALPACA and PDA witnessed less substantial plunges. Reactions of that type are something normal. After all, withdrawn support from Binance leads to reduced liquidity and visibility. It can also trigger fear and uncertainty by damaging their reputation, prompting increased selling pressure. A similar thing was observed earlier this month when the exchange scrapped 14 altcoins from its platform. Some of the affected ones, including CREAM, recorded a whopping decrease of almost 60% after the announcement. The Pumping Effect Conversely, embracing a certain cryptocurrency in one way or another from Binance often results in a significant rally. Such was the case with DeepBook (DEEP), whose price jumped by double digits earlier this week after the trading venue launched the DEEP/USDT perpetual contract with up to 50x leverage. Other examples include Cat in a Dogs World (MEW), whose valuation headed north after the company placed it in its pre-listing selection pool, Binance Alpha, and Tutorial (TUT), which skyrocketed by 130% following inclusion in the Binance Simple Earn section. The post Massive Price Drops for These Altcoins After Binance Withdraws Support appeared first on CryptoPotato .
Crypto Potato 2025-04-24 19:11
XRP shows strength after a bullish breakout as investors eye the $3 target.
AMB Crypto 2025-04-24 19:00
In a breaking development, the SEC has postponed its decision on Grayscale’s application for the Polkadot (DOT) Spot ETF. *This is not investment advice. Continue Reading: BREAKING: SEC Delays Decision on Spot ETF Application for Surprise Altcoin
BitcoinSistemi 2025-04-24 18:41
Coinbase Announcement Sparks 45% Surge in ZORA Coin
