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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
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Unlock the Secrets of XRP: Key Levels and Potential Breakouts Await
XRP remains strong above critical support levels, indicating potential upward momentum. Key thresholds at 2.22 and 2.30 dollars could trigger significant price advances. Continue Reading: Unlock the Secrets of XRP: Key Levels and Potential Breakouts Await The post Unlock the Secrets of XRP: Key Levels and Potential Breakouts Await appeared first on COINTURK NEWS . NewsBTC
Best Altcoins to Buy as Long-Term $BTC Holders Continue to Remain in Profit Despite Recent Turbulence
Bitcoin has remained sideways for the last couple of months, tossing between the $88K and $75K levels. It hasn’t made any significant moves to either side. New data from Glassnode shows that short-term Bitcoin holders are sitting on significant unrealized losses. On the other hand, however, long-term $BTC holders are still in profit. Keep reading to find out how Bitcoin can move in the weeks to come. We’ll also suggest some of the best altcoins you can buy to benefit from a potential $BTC rally. Is $BTC Bearish Now? It’s still too early to say that BTC has gone into bearish territory. Although the recent dips replicate its previous bearish run patterns, the dips aren’t as sharp. Plus, these drawdowns are mostly attributed to macroeconomic factors, including, of course, Trump’s tariffs. The fundamentals of the coin itself have little to do with these dips. A large part of the unrealized short-term losses are also because of the recent dips. A good thing, though, is that STHs aren’t selling $BTC as of now. Their willingness to sit on some losses shows that the market participants still believe in a positive long-term proposition. If you look at Bitcoin’s weekly chart, you’ll notice a sharp bounce from the 50 EMA, which also happens to be a critical support zone for the token. What’s more, the bounce is also occurring from the 50% Fibonacci level, showing continued strength. Another bit of positive news is that even after the recent turbulence, long-term holders are still sitting on unrealized profits and seem to be willing to absorb a bit of loss as well. All in all, Bitcoin seems to be well-positioned for a good rally that could see the king cryptocurrency reclaim its recent highs. If you’re looking to make the most of the upcoming run, here are some of the best cryptos to buy now . 1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy and HODL in 2025 Bitcoin’s long-term bullish bias is very much intact thanks to unfazed institutional interest and increasing support from governments worldwide. If you want to make the most amount of gains from the next Bitcoin bull rally, a cheap crypto like BTC Bull Token ($BTCBULL) that’s built to follow Bitcoin’s coattails could be the answer. $BTCBULL is likely to closely follow Bitcoin’s upward trajectory because it will give free (and real) $BTC to its token holders. This will happen every time Bitcoin crosses a new landmark, such as $150K, $200K, and $250K. Additionally, the BTC Bull Token developers have also planned to follow a steady deflationary approach. Essentially, they will reduce the total token supply at regular intervals to maintain $BTCBULL’s demand and price. The good news keeps coming, as the project’s tokenomics suggest that 40% of the total supply will be used for PR and marketing. Again, this will bolster $BTCBULL’s hype in the market. BTC Bull Token is currently in presale, which has gone from strength to strength to collect over $4.8M so far. One token is available for just $0.00247, and here’s how to buy $BTCBULL . 2. MIND of Pepe ($MIND) – Top New AI Altcoin Offering Crypto Investment Advice Given the number of cryptos that have flooded the market in the last few months, finding profitable opportunities has become increasingly difficult. Enter MIND of Pepe ($MIND) . $MIND is not just the best AI agent coin , but it’s also, quite frankly, a genius. After it has studied the ongoing trends and chatter around crypto on online platforms like X, $MIND will use its revolutionary hive-mind intelligence to find out the best cryptos to invest in . In addition to such expert insights into crypto investing, $MIND token holders will also get exclusive access to the tokens created by MIND of Pepe firsthand. Naturally, these tokens will be built out of viral ideas, meaning they’ll be in a pole position to join the list of the top trending cryptos . The best part? MIND of Pepe is currently in presale ($8M+ raised), which is why each token is available for a low price of $0.0037215. For more info, check out our guide on how to buy $MIND . 3. Comedian ($BAN) – Pure Meme Coin Dominating the Market Right Now Comedian ($BAN) is unlike the two cryptos mentioned above, seeing as it has no real utility. In other words, it’s a pure meme coin that only thrives on market hype and community interest. However, because of how intense meme coin rallies can be, the ROI potential of tokens like $BAN is multiple times greater than almost every single conventional investment. $BAN, for instance, has gained more than 71,000% since its launch in October 2024. After a nearly month-long consolidation, the token has surged past its recent resistance level. $BAN is up over 17% in the last seven days and is currently trading at $0.04527. Comedian, by the way, is inspired by the controversial artwork of Maurizio Cattelan, which simply features a yellow banana taped to a wall. This modern artwork is controversial because it’s allegedly a disrespect to contemporary art, which features more sophisticated themes and intricate designs. Meme coins, however, thrive on such virality, which is exactly why $BAN has been so successful. Conclusion Although Bitcoin’s bullish outlook is undoubtedly great for your crypto portfolio, it’s important to remember that the market can change tides overnight. We suggest accounting for the current market volatility and uncertainty and only investing an amount you’re happy sidelining. Lastly, kindly do your own research before investing, as none of the above is financial advice. NewsBTC
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