Solana Bulls Push For A Price Recovery Amid Market Volatility
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.
SUI Uptick Sparks Hope, But Is This Fleeting Recovery?
Sui (SUI) is showing signs of a potential rebound as its price climbs above the $2.80 mark, sparking optimism among traders. After experiencing a period of downside pressure, the cryptocurrency is attempting to reclaim lost ground, suggesting that bullish momentum may be building. This recovery comes at a critical juncture as maintaining support above this level could pave the way for further upside movement. The rally has drawn attention to whether SUI is gearing up for a more sustained recovery or if this surge is merely a short-lived reaction before another downward move. Despite the optimism, the broader market remains highly volatile, and SUI still faces key resistance levels that might determine the strength of this uptrend. SUI Price Attempts Recovery SUI’s price faced rejection after attempting to push higher, signaling possible weakness in the current recovery attempt. After climbing to the 50% Fibonacci retracement level at $3.079, the cryptocurrency struggled to sustain its upward momentum, encountering resistance that prevented further gains. This rejection has triggered a fresh decline, indicating that sellers are defending key levels. As a result, the asset has started to lose traction, with bearish pressure mounting again. The decline could accelerate, leading to a deeper retracement If the price fails to find support at nearby levels. Furthermore, SUI is still struggling to gain bullish momentum as it trades below the 100-day Simple Moving Average (SMA) and remains under pressure from a key bearish trendline. Typically, this indicates that sellers are still in control, preventing a breakout toward higher levels. A decisive move above these resistance points could signal a trend reversal, but failure to do so may result in more downside pressure. Technical Indicators: A Mixed Picture From a technical perspective, the recent recovery above $2.8 is a promising development. SUI’s Moving Average Convergence Divergence (MACD) shows early signs of a bullish crossover, which could signal upside potential if the momentum continues. However, challenges remain with the $3.5 level cited as a significant resistance zone, and a failure to break through hints at renewed selling pressure. Additionally, trading volumes are improving, but are still below their peak levels. In conclusion, SUI must overcome two major hurdles to confirm a meaningful recovery: the 100-day SMA and the bearish trend line. A break above these levels, accompanied by strong volume, might open the door to higher price targets, including $3.0 and beyond. On the other hand, a failure to hold above $2.8 sparks a retest to lower support levels, reigniting the downtrend.
LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone
The crypto market is no stranger to turbulence, and Chainlink (LINK) is currently caught in the eye of the storm. As bearish forces tighten their grip, prices are perilously close to testing the crucial $12.5 support level a threshold that could determine its fate in the coming days. Several factors like mounting selling pressure and broader market weakness threaten to derail its recovery prospects. LINK’s recent downturn comes after a period of consolidation, during which the asset struggled to gain upward momentum. Now, with the price breaking down and eyeing the $12.5 support, the stakes have never been higher. For investors, this level represents a critical battleground that could serve as a springboard for a rebound or further losses. Market Pressure Mounts: Can LINK Avoid A Breakdown? Chainlink’s price action tells a concerning story. After a period of consolidation, LINK has broken out of its range to the downside, signaling a shift in market sentiment. The token is now hovering near the $12.5 support level, a critical zone that has historically acted as a range for recoveries. However, the current breakdown suggests that this level may not hold, especially in the face of relentless selling pressure. One of the key concerns is the weakening market structure, as LINK has been consistently trading below key moving averages, particularly the 100-day Simple Moving Average (SMA). This indicates a growing bearish dominance, making it more difficult for bulls to stage a meaningful recovery. Moreover, trading volume has surged significantly during periods of price decline, indicating intensified selling pressure. Notably, the volume has spiked by over 200%, pushing the total cryptocurrency trading activity beyond the $1 billion mark. This sharp increase in volume during a downturn further underscores the dominance of sellers in the market, reinforcing bearish momentum. Finally, the emergence of the Market Structure Break and Order Block indicator implies a critical shift in trend dynamics. In other words, the market structure has transitioned from a bullish phase to a bearish one. A break in market structure often indicates weakening buyer control, allowing sellers to gain the upper hand. A Defining Moment For Chainlink Chainlink finds itself at a defining moment, with the $12.5 support level serving as the last line of defense against a deeper correction. While the bearish signals are hard to ignore, the token’s strong fundamentals and resilience offer a glimmer of hope. Whether LINK can avoid a breakdown will depend on its ability to hold this key level and attract renewed buying interest in the face of mounting market pressure. Should the $12.5 support fail to hold, the altcoin might be vulnerable to further declines, triggering a deeper correction to other support levels such as $11.1. However, if bulls step in to defend this level, the likelihood of a rebound increases, providing the token a chance to regain lost ground.
ADA Charts Turn Bearish – Technical Indicators Signal More Pain Ahead
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.
LINK Price Action Turns Cautious As Bearish Pennant Shapes Up
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market. If this pattern plays out, LINK could be at risk of a steep drop, with key support levels facing increased pressure. Market sentiment appears cautious, as bulls attempt to hold the line against growing bearish momentum. A breakdown from this structure might accelerate losses, pushing LINK toward lower price zones. However, if buyers manage to invalidate the pattern, a relief rally may be in play. Analyzing Price Action: Bearish Pennant Signals Breakdown Currently, Chainlink continues to trade within the confines of the bearish pennant pattern, indicating a state of indecision in the market. Neither the bulls nor the bears have established firm control, as the price remains constrained within converging trendlines. Typically, this consolidation phase suggests that market participants are in a wait-and-see mode, anticipating a technical or fundamental catalyst for a decisive breakout in either direction. While the structure of a bearish pennant typically signals a continuation of the previous downtrend, LINK’s hesitation indicates that bulls are still attempting to defend key support levels. Nevertheless, without a strong surge in buying pressure, the risk of a breakdown remains high. If LINK breaches the lower boundary of the pennant with strong volume, an accelerated decline is likely, reinforcing the bearish outlook and increasing selling pressure. This breakdown could attract bearish momentum, pushing the price toward key support levels. Additionally, the asset is currently trading below the 100-day Simple Moving Average (SMA), further strengthening the negative trend in the market. This positioning suggests that LINK’s ongoing attempts to regain upward momentum may face significant resistance. Potential Breakdown Targets: How Low Can LINK Go? The formation of a bearish pennant in Chainlink’s price action raises the possibility of further downside, with the measured move target and key support levels providing a roadmap for potential price movement. Should the bears seize control and a breakdown occur below the lower trendline, LINK’s downward trend could accelerate, pushing the price below the critical $17.96 support level. This drop eyes a deeper decline toward the $15 mark, where buyers may attempt to regain momentum and prevent additional losses. However, if bulls manage to defend these key levels and initiate a strong rebound, LINK might invalidate the bearish setup and shift toward a recovery, possibly targeting the $19.87 resistance level. A decisive move above this threshold would reaffirm bullish momentum and pave the way for more gains.
SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.
Solana Bearish Trend Deepens: Is $164 Support the Next Stop For SOL?
Solana is under mounting selling pressure, sliding its price further into a correction phase. After struggling to maintain upward momentum, SOL has been steadily retreating, now approaching the crucial $164 support level. This key zone will determine whether the cryptocurrency finds stability or extends its downward trajectory. Market indicators suggest that bears remain in control, with momentum shifting in favor of sellers. If Solana fails to hold above $164, it could open the door to even deeper losses. However, if buyers step in to defend this level, it would trigger a price reversal. Will SOL stabilize and recover, or is a larger correction on the horizon? SOL’s Battle With Bearish Momentum Recent price action reveals that SOL is grappling with persistent bearish pressure as its price struggles to maintain upward momentum. Following a series of failed attempts to break through key resistance levels, the cryptocurrency has seen a gradual decline, pushing it into a deeper retracement toward $164. Technical indicators strongly back the bearish outlook for Solana, with one of the key signs being its price trading below the 100-day Simple Moving Average (SMA). The fact that SOL is trading below this important threshold highlights the dominance of the bears in the market, making it more likely that the downward pressure will continue unless significant buying interest emerges. In addition to this, another key indicator reinforcing Solana’s bearish outlook is the Relative Strength Index (RSI), which is currently positioned at 25% in the lower territory. At 25%, the cryptocurrency is in the oversold zone, indicating strong selling pressure and a market dominated by bears. While this suggests SOL could be undervalued in the short term, it also implies that the upward trend is losing momentum. Combined, these indicators paint a picture of a market struggling to find support. With the 100-day SMA holding as a crucial resistance, Solana may face further declines unless there’s a reversal in market sentiment or a breakout above key resistance levels. Solana’s Market Outlook: $164 Support Level To Determine Next Price Action Solana’s market outlook remains highly dependent on its ability to maintain the crucial $164 support level. This level has proven to be a key battleground for bulls and bears, and its strength or weakness might set the stage for the next significant price movement. Should selling pressure persist and a breakdown below this level occurs, a bearish trend toward the next support zones, such as $137 or even $118 for SOL is likely. However, if Solana can defend the $164 support and generate a strong rebound, this may indicate that the selling momentum is slowing down and that the bulls could be ready to step in. A successful hold at this level hints at a relief rally, pushing the altcoin back toward key resistance levels like $240 and $260.
XRP Breaks Key Barrier, Surges Past 100-Day SMA And $2.7 Resistance
Este artículo también está disponible en español. XRP has finally shattered a critical resistance level, surging past $2.7 and breaking above the 100-day Simple Moving Average (SMA). This bullish move signals renewed strength in the market, with buyers stepping in to drive momentum higher. After weeks of sideways trading, XRP’s breakout could be the catalyst for further gains, but can the bulls sustain this rally? With technical indicators flashing positive signals, XRP now faces the challenge of turning this breakout into a lasting uptrend. If buying pressure remains strong, the crypto might be eyeing higher resistance zones, setting the stage for an extended rally. However, if the price struggles to hold above $2.7, a pullback would likely come into play. Market Sentiment Shifts As XRP Gains Momentum XRP’s breakout above $2.7 and the 100-day SMA have injected fresh optimism into the market, shifting sentiment in favor of the bulls. After a period of consolidation, traders are now seeing renewed confidence as buying pressure pushes the price higher. Investor enthusiasm is growing, with many anticipating further upside if key resistance levels continue to fall. Related Reading The breakout has sparked renewed buying interest, evident in the rising trading volume and improving technical indicators, which suggest a potential continuation of the upward trend. As more market participants recognize the breakout as a bullish signal, demand for XRP is increasing, reinforcing positive sentiment in the market. XRP maintaining a positive movement | Source: XRPUSDT on Tradingview.com One of the key indicators confirming this upward push is the Moving Average Convergence Divergence (MACD), which is currently trending higher above the zero line. This positioning signals that bullish momentum is strengthening, with the MACD line diverging more from the signal line, a classic indication that buying pressure is increasing. However, despite the growing optimism, market volatility remains a factor. If the altcoin fails to maintain its position above $2.7, it could trigger profit-taking, leading to a short-term retracement. That said, as long as market sentiment remains positive and XRP holds above key support levels, the bulls might maintain control and push the price higher in the coming sessions. Key Levels To Watch After The Breakout With XRP surging past $2.7 and the 100-day SMA, all eyes are now on the next critical price levels that could determine the coin’s next move. Holding above this breakout zone is crucial for bulls to maintain control and push the price toward higher targets. Related Reading Immediate resistance to watch is the $2.9 level, which currently stands as a crucial hurdle for XRP’s price action. A decisive breakout above this range may confirm that bulls are firmly in control, setting the stage for more upside momentum such as the $3.4 range. A drop below the $2.7 level could signal that the recent breakout was not sustainable, potentially leading to a shift in market sentiment. If XRP fails to establish $2.7 as a strong support zone, it may indicate a false breakout, where bullish momentum fades and sellers regain control. XRP trading at $2.8 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
Polkadot (DOT) Defies Market Volatility, Holds Strong Above $4.8 Support Level
Este artículo también está disponible en español. In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone. This steady performance comes as bulls attempt to build momentum, aiming for a potential breakout. However, with broader market volatility still in play, traders are closely watching whether DOT can sustain its strength and push higher, or if selling pressure will test its resolve. Will Polkadot’s stability pave the way for an upside move, or is a retest of lower levels inevitable? DOT’s Price Action: Can Bulls Build On This Stability? Despite market fluctuations, DOT is currently showing impressive resilience, holding firm above the $4.8 support level. This stability suggests that buyers are actively defending this key zone in order to prevent a deeper decline. Related Reading Although the cryptocurrency is currently trading below the 100-day Simple Moving Average (SMA), it is making an effort to regain momentum by pushing toward the $6.2 resistance level. Its upward attempt indicates that bullish sentiment is still present, with buyers aiming to reclaim control despite lingering downside pressure. DOT uptrend stays above the $4.8 level | Source: DOTUSDT on Tradingview.com Additionally, the Relative Strength Index (RSI) line is trending toward the 50% threshold, indicating a shift in momentum. This movement shows that buying and selling pressures are nearing equilibrium, making the next price move critical in determining the short-term trend. If the RSI successfully rebounds and moves above 50%, it might signal a bullish resurgence, with increased buying pressure driving the price higher. Conversely, if the RSI fails to hold and dips further, it may indicate growing bearish pressure, raising the risk of a downward continuation. What’s Next For Polkadot? Potential Scenarios Above And Below $4.8 Should buyers gain momentum, a breakout above $6.2 could open the door for more upside. The next key resistance levels to watch are $7.7 and $9.8, capable of fueling a bullish rally amid trading volume increases. A sustained move above these levels may set the stage for Polkadot to retest the $11.9 region, further strengthening positive sentiment. Related Reading On the other hand, if selling pressure intensifies and DOT loses the $4.8 support, the price could retreat toward $3.5 or even $1.9 in a bearish scenario. A deeper correction is likely to trigger additional downside risks, forcing bulls to step in and defend lower support zones. For now, market sentiment and key technical indicators will determine the next major move. Whether Polkadot builds on its stability or faces a pullback, traders should remain cautious and watch for volume shifts, RSI trends, and overall market conditions to confirm the next direction. DOT trading at $5.2 on the 1D chart | Source: DOTUSDT on Tradingview.com Featured image from Medium, chart from Tradingview.com Source link
BNB Uptrend Gears Up: 10% Jump Brings $724 Resistance Into Play
BNB is riding a strong bullish wave, surging over 10% as bullish momentum continues to build. This impressive rally has brought the price closer to the critical $724 resistance level, a key barrier that could dictate its next major move. Over the past few days, BNB has displayed strong buying pressure, signaling renewed investor confidence. The surge comes amid broader market optimism, with bulls aiming to capitalize on the move. However, the $724 mark has historically been a tough zone, where sellers have previously stepped in to trigger corrections. With market sentiment shifting in favor of altcoins, BNB’s performance is being closely watched. Will it conquer $724, or will resistance prove too strong? The coming days will be crucial in determining BNB’s next chapter. Technical Analysis: Can BNB Break Through $724? BNB’s recent 10% surge has brought it closer to the critical and challenging $724 resistance level, and breaking through it would require substantial buying pressure. The cryptocurrency’s price is currently trading above the 100-day Simple Moving Average (SMA), indicating that bullish momentum remains intact. This technical indicator is often used to gauge the overall market trend, and trading above it suggests that buyers are in control and the uptrend could continue. A sustained position above the 100-day SMA typically acts as a strong support level, preventing deeper pullbacks and reinforcing market confidence. If buying pressure remains steady, the price may continue its upward trajectory to key resistance levels. However, the MACD indicator shows overbought conditions, signaling that the asset may be approaching a potential reversal or consolidation phase. When the MACD line moves significantly above the signal line and the histogram expands, it often suggests that upside pressure is losing steam, and a price correction could be on the horizon. An overbought MACD reading does not necessarily mean an immediate downturn, but it does indicate that buyers may be exhausted and that profit-taking may increase. If the indicator starts to show a bearish crossover—where the MACD line crosses below the signal line—it would confirm a weakening trend, leading to a price retracement toward key support levels. Market Outlook: What’s Next For The Price? The market outlook remains cautiously bullish, with technical indicators showing strong momentum. BNB is trading above key moving averages, reinforcing the uptrend, while trading volume remains high, signaling sustained investor interest. However, challenges remain, particularly with the MACD flashing overbought signals, causing the rally to lose steam. Should BNB break and hold above $724, it might trigger a fresh wave of buying, pushing the price toward $795 and beyond. On the other hand, a rejection at this level is likely to spark a short-term pullback, with $680 and $605 acting as key support zones. Source link
Cardano Breaking Barriers: ADA Aims For $0.8119 As Confidence Grows
Este artículo también está disponible en español. Cardano is showing renewed strength as bullish momentum builds, driving ADA closer to the $0.8119 resistance level. After steady accumulation, buyers are beginning to take control, pushing the price higher and reinforcing optimism in the market. This growing confidence suggests that ADA could be on the verge of a significant breakout, provided it can overcome key resistance zones. With technical indicators turning positive and market sentiment improving, all eyes are on whether ADA can sustain its upward momentum. A decisive move past $0.8119 may pave the way for further gains, while failure to break through might invite renewed selling pressure. As the battle between bulls and bears intensifies, the coming sessions will be crucial in determining Cardano’s next move. Technical Analysis: Can ADA Sustain Its Upside Trajectory? Presently, Cardano is exhibiting strong bullish momentum as it steadily climbs toward the $0.8119 resistance level, a barrier crucial for its next major move. After facing a strong rebound at the $0.6822 support mark, buying pressure has increased, pushing ADA higher as market sentiment turns optimistic. but the sustainability of this uptrend depends on key technical factors. Related Reading It is worth noting that ADA’s price steadily rises toward the 100-day Simple Moving Average (SMA), a critical level that often acts as a dynamic resistance. A successful break above this indicator could reinforce positive sentiment and pave the way for extended gains. ADA eyes the $0.8119 price breakout | Source: ADAUSDT on Tradingview.com Supporting this momentum, the Relative Strength Index (RSI) has recently crossed above the 50% threshold, indicating a shift from bearish to bullish market conditions. This is a significant development, as an RSI above 50% typically suggests that buying pressure outweighs selling pressure, triggering further upside potential. Additionally, ADA’s trading volume has surged by over 10% in the last 24 hours, indicating growing market activity and increased investor interest. This uptick in volume suggests that traders are becoming more engaged, possibly fueling price movements. As long as the RSI remains on an upward trajectory and buying pressure continues to rise alongside volume, it might strengthen ADA’s bullish outlook, increasing the likelihood of a breakout above key resistance levels. What’s Next For Cardano? Predictions Beyond $0.8119 As Cardano continues its upward trajectory, breaking through the $0.8119 resistance level has become a focal point. But what lies beyond this key milestone? Related Reading If buyers maintain control and push the price above this key barrier, ADA is likely to see an extended rally toward $0.8306 and $0.9077 in the near term. A decisive move above these levels can strengthen upward performances, opening the door for a test of $1.2630, a psychological milestone. However, if Cardano struggles to surpass $0.8119, it may enter a consolidation phase or experience a pullback, with $0.6822 as the next closest support level. The bulls must hold this zone to prevent further bearish pressure. Furthermore, a break below this level could signal an extended correction, exposing ADA to deeper losses. ADA trading at $0.79 on the 1D chart | Source: ADAUSDT from Tradingview.com Featured image from Medium, chart from Tradingview.com Source link
SUI Defies The Odds: Another Comeback From $2.8 Sparks Bullish Run
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me. Source link