A closely followed crypto analyst is identifying one catalyst that could send Dogecoin (DOGE) to the moon while updating his outlook on altcoins Cardano (ADA) and Chainlink (LINK).
Cardano (ADA) price is showing increasing bearish momentum across multiple technical indicators as the ninth-largest cryptocurrency by market cap faces mounting pressure. ADA is down 12% in the last seven days and more than 4% in the last 24 hours, with its market cap now at $33 billion, though it maintains its position as a top-10 cryptocurrency in ninth place.
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The price of the native token of the Cardano network, ADA, could surge more than 50% toward the $1.5 mark once it manages to break through a key resistance level it's currently approaching. ADA has seen a more than 8.
ADA, the native token of the Cardano blockchain, is poised to reverse its downtrend as it has reached a level where it has historically witnessed an impressive rally. The overall market experienced a decline following the presidential inauguration of pro-crypto Donald Trump, likely driven by profit-taking.
Whales are making big moves in the market, which could load up on projects that show strong fundamentals and long-term potential.
Cardano price has not evaded the ongoing crypto sell-off. A likely reason for this crypto crash is that Donald Trump is yet to talk or sign an executive order on cryptocurrencies.
The latest price analysis by Coinidol.com report, the price of Cardano (ADA) is moving sideways after reaching resistance at $1.23.
Toncoin's normalized risk has entered a low-risk area, signaling a buying zone.
Cardano (ADA) has been a focal point of the crypto market's volatility, experiencing sharp price swings over the past week, particularly during the weekend. In just a few days, ADA has dropped over 18%, leading to growing fear and uncertainty among investors.
Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
Telegram no longer accepts anything but Toncoin. An exclusive partnership for its crypto services, with only one winner: the TON network.
Positive price action in the past 24 hours has seen Cardano (ADA) rebounding upwards alongside the rest of the crypto market. The entire market is up by 4.3% in the past 24 hours, a trend that has seen the Cardano price also breaking above the $1 mark again.
The Cardano (ADA) network has seen significant growth in its activity, which recently saw it top the 50,000 daily active addresses mark at a time in which the price of the cryptocurrency has been enduring a significant downturn.
Cardano (ADA) saw a slight recovery in today's session, returning to $1 after slipping below it in previous sessions.
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ADA has entered a period of consolidation, with resistance at $1.09 preventing an upward breakout.
This analysis examines the 4-hour charts of ADA and XRP, focusing on Elliott Wave structures, Fibonacci levels, and potential scenarios. Key resistance and support levels are emphasized for future price movement predictions.
Toncoin (TON) is currently experiencing an unprecedented phase of low volatility, as its 7-day and 30-day Annualized Realized Volatility metrics have both hit historical lows. This extended period of calm in the TON market has caught the attention of traders, as historically, such low volatility phases in cryptocurrency markets often precede sharp price movements.
Toncoin is showing promising signs of recovery, with bullish momentum gradually building as renewed buying interest suggests a shift in market sentiment. After a period of consolidation, the cryptocurrency is gaining traction, fueling optimism for a fresh rally.
Charles Hoskinson, Cardano cofounder, has pledged to support Ross Ulbricht, founder of the Silk Road marketplace. Hoskinson's promise of support comes after the presidential pardon of Ulbricht, who has been serving a double life sentence plus 40 years in U.S. federal prison.
Cryptocurrency analysts of Coinidol.com report, the price of Toncoin (TON) fell to a critical support level of $5.00 on January 13. TON remains above the $5.00 support in the range-bound.
Cardano (ADA) has struggled to maintain the bullish momentum it experienced in recent weeks, with its price still trailing approximately 67% below its all-time high of $3.09, reached during the 2021 bull run. Despite this significant gap, analysts believe that the potential for a robust price recovery exists in the coming weeks and months ahead of the new year.
Cardano's recent sideways price action has led to a surge in demand for short positions among futures traders.
Cardano (ADA) price trends have been volatile recently, hovering just below the $1 mark. With a recent resurge in BTC, which rallied above $105k, igniting a broader cryptocurrency market rebound.
It was announced directly by the founder and CEO of the famous messaging app.
This move is set to shake things up in the crypto space. It will create new possibilities for Cardano users and Bitcoin holders alike.
Telegram announced an exclusivity agreement making The Open Network (TON) the sole blockchain infrastructure for its ecosystem.
On 21 January, Telegram and the TON Foundation announced an exclusive agreement that commits embedded Web3 applications to exclusively use The Open Network.
Cardano network growth is on the rise with daily active addresses reaching 50,828 while ADA token briefly claimed $1 and then dropped to 98 cents later.
Chainlink (LINK) has experienced a significant surge in its price, which analysts are attributing to the additional acquisition of World Liberty Financial (WLFI) and the rumors of a brewing partnership with Cardano. Related Reading: Trader's Hot Take: XRP Branded The ‘Biggest Meme Coin' In Crypto Chainlink could be off to a good start as the crypto token was able to pull off a big run that propelled the coin from its lowest level to reach over $26 per coin.
TON will become the only asset used to pay for Telegram features and the ad economy on the chat app.
The Open Network Foundation is expanding its partnership with Telegram to boost the adoption of the TON blockchain. In their announcement on Jan.
Solana (SOL) and Cardano (ADA) are two of the leading smart contract layer-one blockchains in crypto, supported by passionate communities. With that, Finbold decided to ask an artificial intelligence (AI) whether SOL or ADA make a better buy for 2025.
Cardano (ADA), the popular blockchain platform known for its innovative approach to cryptocurrency, is gaining renewed attention in the market, with predictions from seasoned analysts signaling the potential for a major bull run. Veteran trader and chart analyst Peter Brandt has recently voiced his belief that ADA has bottomed out and is on the cusp of a significant rally, driven by strong market indicators and an anticipated altcoin season.
Hedera (HBAR) joined Cardano (ADA) as an underperformer, declining 2.4%.
Telegram will prohibit other blockchain integrations as it reveals an exclusivity deal with The Open Network for crypto apps and games.
The rates of most of the coins are falling today, according to CoinStats.
Telegram will exclusively support Toncoin and the TON network for its apps and services following a new partnership.
As one of the large-cap crypto assets with a lot of followers, Cardano has been one to watch during the recent bull market. However, there might be much more upside for ADA in the coming months.
The cryptocurrency market has been on an impressive run lately, and Cardano (ADA) has not been left behind. While it hasn't yet reached new all-time highs, the recent performance of ADA has caught the attention of traders and analysts alike.
TON's historic low volatility hints at a critical turning point - will it lead to a breakout or breakdown?
Cardano (ADA) price has surged 20% in the last seven days, reclaiming levels above $1 and solidifying its position as the 9th largest crypto by market cap. Despite this strong performance, ADA's trend strength appears to be weakening, as indicated by a declining ADX.
Cardano (ADA) has recently experienced a notable rally, pushing its price higher and drawing attention from both retail investors and large holders. As the price of ADA increased, realized profits among its holders surged, especially for those who have been holding for longer periods.
Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins.
CoinGecko has launched a new category of cryptocurrencies dubbed “Made in USA” ahead of the US Inauguration Day. The announcement, made on January 20 via a post on X, is seemingly its latest initiative to spotlight US-affiliated crypto projects as Donald Trump begins his second term as US President.
Chainlink price continued its uptrend, reaching its highest level since Dec. 18 after Donald Trump's World Liberty Financial bought more coins and exchange balances declined. Chainlink (LINK) rose to $26.