The XRP has shown remarkable growth over the past month and recently broke past the $1.6 mark, surging to levels unseen since April 2021.
The SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced a proposed plan to distribute funds collected from Stoner Cats 2 LLC
Uniswap’s recent bullish momentum is underscored by a notable increase in network participation and solid support levels. The altcoin has seen active addresses surge by 520%, a clear indicator of
Bluntz predicts over 35% increase for PEPE from its current value. Analyst suggests Bitcoin could reach $180,000 amidst wave five ascent. Continue Reading: Analyst Predicts Significant Price Increase for PEPE Coin and Bitcoin The post Analyst Predicts Significant Price Increase for PEPE Coin and Bitcoin appeared first on COINTURK NEWS .
Cardano (ADA) is making waves in the crypto market, surging past the $0.8119 level in a bold display of bullish strength. This breakout marks a significant turning point, signaling growing confidence among investors and renewed optimism for ADA’s price. With this critical resistance now in the rearview, Cardano is set to aim even higher. Could this be the beginning of a sustained rally that pushes ADA to new heights? As market sentiment improves and the bulls take charge, the focus is on analyzing Cardano’s surge beyond the $0.8119 level, exploring the key drivers behind its rally, and evaluating the prospects for continued upward movement toward higher price targets. Market Sentiment: Growing Confidence In ADA’s Potential On the 4-hour chart, ADA is striving to extend its gains after breaking past the $0.8119 level while remaining above the 100-day Simple Moving Average (SMA). Holding above this critical mark and the 100-day SMA highlights ADA’s strength and potential for further price growth as it aims at new highs. An examination of the 4-hour Relative Strength Index (RSI) reveals a notable rebound, rising sharply from a recent low of 55% to its current level of 70%. While this increase signals growing positive market sentiment, it raises concerns about the rally’s sustainability since a price correction could occur if profit-taking ensues. Overall, the steady increase in the RSI highlights ADA’s resilience and strengthens the outlook for continued price growth in the near term. Related Reading: Crypto Analyst Predicts Bullish Move For Cardano Price To Cross $5, Here’s When Furthermore, Cardano is demonstrating robust upward momentum after breaking through the key $0.8119 resistance level, maintaining its position above the 100-day SMA. Its solid performance highlights sustained bullish strength, signalling that the digital asset is well-positioned for more price appreciation, with the 100-day SMA indicating the potential for a persistent uptrend. Finally, the RSI on the daily chart is currently at 66%, well above the crucial 50% threshold, reflecting a strong ascent for Cardano. This level suggests that the bullish move is likely to persist, with Cardano’s price expected to continue rising in the near term as the RSI approaches the overbought zone. What The $0.8119 Breakout Signals For Cardano The $0.8119 breakout represents a key milestone for ADA, signaling a shift in market sentiment toward a more optimistic outlook. This breach of resistance indicates that Cardano is gaining momentum, with the possibility of additional price gains, targeting the $1.2630 resistance level and beyond. Related Reading: Cardano Price Set To Skyrocket By 430%, Crypto Analyst Predicts However, if the resistance proves to be strong, ADA may experience a pullback or enter a consolidation phase, with the price likely retracing to the $0.8119 support level. A sustained drop below this critical support could signal a shift in momentum, potentially leading to deeper declines. Featured image from Unsplash, chart from Tradingview.com
Uniswap's bullish momentum builds with soaring network participation levels.
The 2025 bull run is on the horizon, and the crypto market is full of activities with savvy investors watching out for analysis and even predictions for coins like WallitIQ (WLTQ) and Shiba Inu (SHIB) that will lead them to the next big investment package. Recently, the crypto scene has
On November 23, COINOTAG reported that crypto mining giant MARA has made a significant move by investing $550 million to acquire 5,771 BTC, averaging an entry price of $95,554 per
In a significant development for the U.S. Securities and Exchange Commission (SEC), SEC Commissioner Jaime Lizárraga has announced his resignation, effective January 17th, as reported by COINOTAG News on November
As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.” According to a post from CryptoQuant analyst “maartunn,” the index disappeared “as soon as Bitcoin tagged $98,000,” which means that spot exchange-traded funds