The Cardano price may be preparing for a powerful rally toward $1.7, as new indicators suggest a potential recovery. A leading crypto analyst has identified multiple bullish catalysts that could drive ADA’s momentum and help propel the cryptocurrency to this bullish target. Institutional Interest To Fuel Cardano Price Recovery According to a recent technical analysis by a pseudonymous TradingView analyst, ‘Risk_Adj_Return,’ the Cardano price is suddenly showing signs of recovery after a period of sluggish performance. This seemingly bullish turnaround has sparked predictions of a potential surge to $1.7. Related Reading: Cardano Price Prediction: ADA Set To Crash To $0.4 After Correction To Liquidity Zone According to the analyst’s report, several factors have been fueling ADA’s recovery. Despite its downtrend, large spot purchases have been observed, hinting at growing interest from institutional investors. The analyst also mentioned that political developments from key figures, such as US President Donald Trump, could spark further bullish sentiment for Cardano. Although many of the present institutional buy-ins for Cardano have been followed by sell-offs, possibly from short-term traders, the sheer volume suggests that major players are closely watching the market. Part of this renewed institutional interest is attributed to the US Federal Reserve (FED) and broader macroeconomic signals. Investors may be hoping for a shift in monetary policy or clear signs of easing inflation in the upcoming FOMC meeting, as this could boost risk assets like ADA. Any alignment between the Cardano price action and the FED decision could become a significant catalyst for upside momentum. In his Cardano price chart, the TradingView analyst highlighted a bullish long trade setup on the 4-hour timeframe, utilizing the Heikin-Ashi candles. The trading strategy is supported by multiple take-profit levels, with the entry point marked near Cardano’s current price range. A clear stop loss has also been placed just below the local support to manage downside risks. The trade plan involves three key take-profit levels: $0.73, $0.96, and $1.21. These targets align with previous resistance zones, allowing traders to potentially lock in gains before ADA reaches its ultimate upside target of $1.74. ADA Breakout Unlikely Amid US Trade Tensions The Cardano price is showing signs of strength, according to a market expert, ‘AMCrypto’, who notes that it is holding firm at a critical ascending support trendline on the 4-hour chart. After a recent decline, ADA bounced off the trendline, maintaining the bullish structure of an Ascending Triangle. Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish Triangle Has Formed On The Daily Timeframe Currently trading around $0.61, Cardano still faces resistance at $0.67. A confirmed close above this threshold could signal a breakout, potentially propelling its price toward the $0.73 – $0.75 range. However, despite these bullish technicals, macroeconomic uncertainty remains a key obstacle to ADA’s breakout potential. The ongoing US-China trade war tensions continue to fuel market volatility, creating headwinds for a sustained rally. The current market decline and instability fueled by this trade war have also kept many investors on the sidelines as they await stability. Featured image from Pixabay, chart from Tradingview.com
Ripple just unlocked a game-changing foothold in traditional finance as its $1.25 billion acquisition scores FINRA approval, supercharging institutional access to fixed income markets. Ripple’s Hidden Road Gets FINRA Go-Ahead to Expand Prime Brokerage Services Hidden Road, a global prime brokerage firm recently acquired by Ripple for $1.25 billion, announced a regulatory milestone Thursday. Its
In a significant move impacting the financial landscape, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick successfully influenced President Trump to delay the enforcement of his contentious global tariff
Ethereum’s recent MVRV analysis indicates a significant undervaluation, yet signs of a bullish reversal remain ambiguous amidst market turbulence. The MVRV Z-Score has descended into a historically recognized accumulation zone,
Trump's Bitcoin mining ambitions confront significant tariff challenges. Miners are adapting to increased costs and competitive pressures. Continue Reading: Trump’s Bitcoin Mining Strategy Faces Challenges with Increased Tariffs The post Trump’s Bitcoin Mining Strategy Faces Challenges with Increased Tariffs appeared first on COINTURK NEWS .
Ethereum's MVRV signals an undervaluation of the altcoin, but a bullish reversal remains unclear.
According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) may be close to completing its price correction for the current market cycle. The premier cryptocurrency appears primed for positive movement in 2025, despite lingering macroeconomic uncertainty. Bitcoin Looks Ready To Reverse Trend In a Quicktake post, CryptoQuant contributor Crypto Dan highlighted that BTC is currently undergoing a correction phase similar to the one observed in 2024. The analyst noted that the amount of BTC held for less than one week to one month can serve as an indicator of how “overheated” the crypto market is. Related Reading: Bitcoin Following Gold’s Footsteps? Analyst Sets Mid-Term Target At $155,000 For context, in markets with high speculative activity – such as crypto – price pullbacks tend to be significant. In contrast, markets with lower speculation, like gold, typically experience shallower corrections. Crypto Dan shared the following chart showing three major phases of the crypto market – a market rally (red arrow), an increase in the ratio of BTC held for less than one week to one month (green pattern), and a subsequent correction (yellow arrow). He explained that this pattern has played out twice during the current bull market, with both instances showing similarly elevated levels of short-term BTC holdings, suggesting a comparable degree of market overheating. This ratio has now reached a cycle low, highlighted in the yellow-box region of the chart. Notably, this same region also marked the bottom of the 2024 market cycle. If the pattern mirrors its behaviour from 2024, it could indicate that the current cycle has also bottomed out. Crypto Dan explained: In other words, the overheating is now resolved, and although we may need to wait a little longer, with the progress of macroeconomic issues, 2025 is likely to show a positive movement. Adding to the optimism, a separate post on X by crypto analyst Titan of Crypto also points to a possible shift in momentum. The analyst noted that BTC recently formed a golden cross on the daily chart – a bullish signal that often suggests a trend reversal is underway. For the uninitiated, a golden cross occurs when Bitcoin’s 50-day moving average crosses above its 200-day moving average, signalling a potential long-term bullish trend. It’s widely seen as a buy signal by traders, indicating growing upward momentum. BTC Futures Sentiment Index Signals Caution Despite these bullish signals, not all analysts are convinced. Fellow CryptoQuant contributor abramchart recently observed that BTC’s futures sentiment index has continued to decline since February, suggesting a more cautious outlook among derivatives traders. Related Reading: Bitcoin Flashes ‘Death Cross’ Amid Tariff-Induced Market Turmoil – Is Further Decline Inevitable? Adding to the leading digital asset’s woes, a recent report suggested that China may be preparing to sell a large amount of confiscated BTC, which may increase selling pressure and potentially suppress prices in the short term. At press time, BTC trades at $84,766, down 0.1% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant, X, and TradingView.com
Dogecoin (DOGE) is showing signs of a potential surge, with analysts predicting it could reach $1 in 2025. Factors such as increased adoption, community support, and favorable market conditions contribute to this optimistic outlook. Phase 4 of the MUTM presale is now live, sparking optimism among investors. With over $6.9 million raised and 8400 holders already on board, new investors are snapping up MUTM tokens at the current price of $0.025, knowing that the price will rise to $0.03 in Phase 5. Current participants have the potential to earn a 140% return on investment before the official project launch at $0.06. While DOGE aims for a substantial price increase, MUTM’s innovative approach and early-stage momentum suggest it could offer even more significant returns for investors seeking high-growth opportunities. Mutuum Finance Presale Surges as Investor Interest Grows Mutuum Finance has emerged as one of the rapidly rising top decentralized lending platforms thanks to its distinctive dual lending structure which attracts extensive investor interest. The project’s presale has attracted more than 8,400 investors who contributed $6.9 million to its success scale. During Phase 4 MUTM tokens offer a price of $0.025 yet investors can anticipate 20% profit growth from Phase 5’s price increase. Multiple analysts assure that MUTM represents a DeFi platform of low value because it will reach over $5 in market capitalization upon launching. MUTM provides investors with stable investment opportunities unlike the volatile nature of meme coins. Investors seeking returns from DeFi operations will find MUTM attractive due to its distinctive lending mechanisms along with a dynamic top-50 leader leaderboard system that provides benefits to loyal users. DeFi Experiences a Game-Changing Shift Mutuum Finance creates an innovative DeFi platform that combines Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending models into one unified system. Users can generate passive earnings through the P2C model by providing USDT liquidity with automatic functionality supported by smart contracts. Users have the ability to make direct transactions through the P2P model which eliminates the requirement for intermediaries. Mutuum Finance integrates its P2C and P2P systems to create an attractive decentralized finance solution which enhances user security and operational efficiency and decentralization for investors searching for profits in the DeFi sector. Creating Stability and Security in DeFi Mutuum Finance provides a USD-backed stablecoin operated on Ethereum as a long-term asset solution. Through the implementation of over-collateralization the platform maintains lower risks than conventional algorithmic stablecoins do. Open-source smart contracts coupled with regular audits alongside this method establishes investor trust by preventing the security weaknesses detected in former DeFi projects. Mutuum Finance implements the $100,000 giveaway to support growth through which ten lucky winners receive $10,000 in MUTM tokens. Users who refer new investors to the ecosystem through the platform earn rewarding benefits from the built-in referral system. The first participants to join Mutuum Finance gain special access to staking opportunities as well as governance powers along with priority updates which keeps them deeply involved in the project’s advancement. Sustainable Tokenomics for Future Growth Mutuum Finance’s tokenomics strategy integrates limited token supply and deflationary elements to create scarcity, driving future value appreciation. By offering staking rewards, the platform incentivizes users to lock in their tokens, which helps support the token’s value as the project progresses. This approach ensures long-term growth and stability for both the platform and its investors, making MUTM a strong performer in the DeFi market. Dogecoin (DOGE) could hit $1 in 2025, but experts say the real moonshot might be Ethereum-based Mutuum Finance (MUTM), currently in Phase 4 of its presale at $0.025. With over $6.9 million raised, 8,400+ investors onboard, and a projected launch price of $0.06, early buyers could lock in a 140% return pre-launch and possibly up to 15,880% if price targets of $5+ are hit post-launch. Don’t wait, join the presale now to secure your position before Phase 5 kicks in and prices rise. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
On April 19th, COINOTAG News reported that Canary Capital has officially submitted a filing for an exchange-traded fund (ETF) designed to track the price movements of Tron’s native token, TRX.
Withdrawals from Ethereum ETFs signal decreasing investor confidence. Analysts predict a potential price drop for ETH to as low as $1,100. Continue Reading: Ethereum Faces Pressure as ETF Withdrawals Continue The post Ethereum Faces Pressure as ETF Withdrawals Continue appeared first on COINTURK NEWS .