Cardano price started a fresh decline below the $1.050 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.0250 level. ADA price started a fresh decline from the $1.150 zone. The price is trading below $1.0550 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $1.040 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.050 resistance zone. Cardano Price Faces Hurdles After struggling to stay above the $1.150 level, Cardano started a fresh decline unlike Bitcoin and Ethereum . ADA declined below the $1.050 and $1.0350 support levels. It even spiked below $1.00. A low was formed at $0.9615 and the price is now attempting to recover. There was a move above the $0.990 level. The price cleared the 23.6% Fib retracement level of the downward move from the $1.088 swing high to the $0.9615 low. Cardano price is now trading below $1.050 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $1.0250 zone. It is near the 50% Fib retracement level of the downward move from the $1.088 swing high to the $0.9615 low. The first resistance is near $1.050. There is also a connecting bearish trend line forming with resistance at $1.040 on the hourly chart of the ADA/USD pair. The next key resistance might be $1.0880. If there is a close above the $1.0880 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $1.120 region. Any more gains might call for a move toward $1.1520 in the near term. Another Decline in ADA? If Cardano’s price fails to climb above the $1.050 resistance level, it could start another decline. Immediate support on the downside is near the $0.980 level. The next major support is near the $0.9650 level. A downside break below the $0.9650 level could open the doors for a test of $0.9200. The next major support is near the $0.880 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.980 and $0.9650. Major Resistance Levels – $1.0250 and $1.0500.
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Will 2025 Be the Year of This Emerging Crypto? PEPE and BONK Could Struggle To Keep Up
As the cycle matures, investors’ attention is increasingly shifting toward utility-driven projects that can stand the test of time. While both Pepe (PEPE) and Bonk (BONK) could soar to new peaks in the upcoming months, Web3 casino Rollblock (RBLK) could offer significantly higher returns, as it taps into the highly lucrative market. Read on to discover what makes Rollblock special and why many experts believe it could be next in line for a legendary 100x moonshot. Rollblock Takes The Market By Storm With Revolutionary GambleFi Platform The online gambling space is set to be valued at $750 billion by 2028, and Rollblock could have what it takes to capture a substantial cut of this massive revenue. Rollblock’s unique approach to gambling sets it apart from other competitors in the space, as its platform leverages blockchain technology. This ensures superior security and transparency while providing an engaging, high-end casino experience. Over 7,000 games await newcomers, ranging from all-time favorites like roulette and poker, to live games, and even brand-new, AI-enhanced exclusives specifically designed for the Rollblock community. Additionally, sports fans will be thrilled to learn about Rollblock’s newly launched sports betting platform, which will allow them to wager on their favorite tournaments and championships, including NBA, MMA, NFL, and many more. The star feature of the Rollblock ecosystem is the revenue-share system powered by the native RBLK token. Every week, Rollblock will use up to 30% of the generated revenue to buy back RBLK on the open market. These tokens will then be in part redistributed to holders as staking rewards, while the remainder will be burned, promoting healthy price action and sustainable, scarcity-driven growth. Pepe Faces Headwinds As It Loses Critical Support Pepe (PEPE) has experienced significant disruption over the past few days as it breached the important $0.000018 support. Pepe is currently trading at $0.000017 after a 3% drop in the past 24 hours. Despite short-term struggles, Pepe has posted an impressive 1468% gain since its launch, becoming the 3rd largest meme coin with nearly $7.5 billion in market capitalization Technically, Pepe is in a bearish phase, as its price is still moving under a descending trendline acting as a dynamic resistance. Pepe’s technical indicators point to a “Strong Sell” signal due to recent downward trends. However, it appears that selling pressure is easing off and buyers are stepping in. A whale investor recently acquired 107.89 billion PEPE tokens for $2.1 million USDC, signaling strong confidence in an imminent reversal. Such significant whale activity suggests that Pepe may soon regain momentum as market dynamics shift and a meme coin resurgence seems to be brewing. Bonk Breaks Out With 10% Surge — What’s Next? After peaking at $0.000053, Bonk (BONK) entered a descending channel marked by a strong dynamic resistance. Over the last few days, however, Bonk broke out and successfully retested the descending trendline, supercharging the bullish momentum. Today, Bonk sells for $0.000039, following a 10% intraday increase, bringing its total weekly gains to an impressive 40%. Bonk’s daily RSI shows growing demand, as buyers are taking the upper hand, and the OBV has increased as well, further reinforcing the bullish thesis. While Bonk’s trajectory remains intertwined with the meme coin sector and broader market dynamics, the signs for a sustained rally toward a new all-time high are there. The next target? A reclaim of the $0.000053 followed by a consolidation around the same level. Join The Rollblock Presale With Stage 9 of the presale currently underway, demand is through the roof, as early buyers have claimed over 52 million RBLK tokens, raising over $8.8 million. RBLK is priced at just $0.046 and by the end of the presale alone, analysts expect an 800% surge. Once the bull run is in full swing and RBLK is available for trading, a 100x rally could be in the cards, especially when taking into account all that this innovative project brings to the table. The best time to get involved? Now! Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . NewsBTC
Which Altcoin Will Enter Top 10? Expert Predict DTX Exchange Could Dethrone Cardano After Listing
Cryptocurrency markets are on the edges of great transformation, with the emergence of new projects like DTX Exchange competing with established names like Cardano (ADA). Cardano has been known for its blockchain infrastructure’s strength and recent price hikes as an influential force within the altcoin environment. Nevertheless, the startup DTX Exchange is gaining attention, especially with its innovative new features and significant buzz about its token sale; it is thought to be a potential outperformer compared with prominent cryptocurrencies. Hence, the question that is likely on everyone’s lips as they seek the next big opportunity is, ‘Which altcoin will finally make it to the top 10? Can DTX Exchange finally unseat Cardano after listing?’ The recent performance of the Cardano price has been impressive, with a 50% surge in just 30 days, showcasing its resilience in the market. However, DTX Exchange is making waves with its presale success, raising over $11.9 million and offering a current token price of $0.14, set to increase to $0.16 in the next stage. This momentum suggests that DTX could be the dark horse of the crypto world, potentially surpassing established names like Cardano. DTX Exchange Will Be the New Challenger in Town DTX Exchange is not just another cryptocurrency project; it’s a game-changer. It provides unparalleled access to financial markets as the first crypto-native platform to offer trading in stocks, forex, ETFs, and over 100,000 currency pairs. Users can leverage up to 1000x, making small investments substantial trading power. DTX holders are provided decision rights and influence product discovery with the governance systems of labs. Profits are then shared with larger holders over the Rebate Program. Boasting the first testnet to secure 200,000 transactions per second, the platform has a live count of over 300,000 wallet addresses, soon to revolutionize online commerce. With the tokenization of the ETF, people are hanging on to the anticipated live DTX Exchange debut in the first quarter of 2025. There are provinces where, indeed, a market can be a dealer of ETFs to boost the market. For reasons of better user experience, security, and commitment to them, it has been published even during the time of the Phoenix Wallet, a safer investment of cryptos and stocks, as well as forex. Cardano Price Position and Future Prospects The Cardano price is sold at $1.13, which averages its presence currently around 39 billion in market capital. Riding on its 17% surge in the last 1 week, it has proven appealing to sophisticated equity investors. The blockchain-hosted developer Hydra is the technology that has scaled up Cardano’s energies to make it effective for managing transaction speed as well as its other services, which makes it a favorable technology among most developer organizations. The currency, however, is facing its toughest competitor through DTX Exchange. Experts predict that Cardano could reach a price range of $0.69 to $2.22 in 2025, with a potential high of $2.95 under bullish conditions. However, regulatory uncertainty and competition from other blockchains could impact its growth. As Cardano continues to innovate, it must navigate these challenges to maintain its position in the market. The Battle for Supremacy Is Between DTX and Cardano As DTX Exchange prepares for its official launch, the hype surrounding its potential to surpass Cardano is growing. Analysts predict a 20x return on investment for DTX holders, significantly outpacing the estimated returns from Cardano and Ethereum. One of DTX’s most significant strengths is its changes and rapid technological progress. Both institutional and retail investors have found heightened enthusiasm for this asset class. Meanwhile, Cardano, with a well-established brand and numerous developments currently in the pipeline, needs to keep the pressure off by focusing on achieving such an innovative change. Although Cardano’s price shows a fluctuating trend, it also stands to gain strength through the good fundamentals and the increasing number of updates approached. On the other hand, with an accumulation of DTX tokens, you are allowed profit-sharing-related rights to governance, thus widening access to various financial assets. This is just a step forward to another battle of the two altcoins as they strive to play their distinctive roles within the crypto industry setup. Conclusion DTX Exchange is really competitively advocating for itself with the help of its splendid features plus its substantial growth. It might soon conquer some present big names, including Cardano. The much-expected launch of the DTX Exchange will be in Q1 2025, and investors will keep a close watch on it to find out if it will be able to do what it claims. Cardano is doing active work while still attempting to be in touch with the flow. Numerous strategies must swiftly be implemented to aid Cardano in competing favorably in this realm. Whether DTX will have what is required to upstage Cardano remains to be seen. Find out more on the DTX website, grab presale tokens, or join the DTX community on Telegram. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . NewsBTC