The post Analyst Predicts ADA Rally if Cardano Price Defends $0.16 Level appeared on BitcoinEthereumNews.com.
Cardano price held above $0.16 on Thursday as ADA traded near $0.170 after a modest daily gain. The token increased 1.75% in 24 hours and gained 4% in the last week. The action comes after a broader crypto market rebounded after the recent consolidation and heavy risk-off selling. Crypto Market Rebound Strengthens ADA Above Key Support The overall crypto market value increased by 1.26% to reach 2.17 trillion as buyers were back to key assets. Analysts attributed the recovery to new institutional buying of Bitcoin and improved optimism about the next Cardano network upgrades. Bitcoin price surged above $63,000 in a short-term resistance test amidst renewed geopolitical stress. Ether also rebounded to around $1,750, and bulls were looking at a potential upward shift to $1,800. XRP price was in a narrow range around $1.03. The market has been cautious since the United States and I
The post Visa breaks higher after completing A-B-C correction, wave five targets new highs appeared on BitcoinEthereumNews.com.
Visa has delivered a very clean and almost textbook retracement from the 2025 highs. The decline unfolded as a clear three-wave A-B-C correction, reaching the 293–300 support zone, where we were looking for the completion of the pullback and a reaction from the previous gap area. Since then, price has developed a series of higher swing lows and has broken above the corrective channel resistance near 345, providing further confirmation that bullish momentum is returning. This suggests that wave five could now be underway, with the potential to push toward new yearly highs and possibly extend toward the 400 area. VISA Daily Chart In the short term, a temporary pullback would not be surprising. The broken corrective channel could now act as support around 342, while the Elliott Wave Oscillator may retrace toward the zero line, creating a potential setup for the n
The post Can Cardano (ADA) Reclaim $1 in 2026: 3 AIs Weigh in appeared on BitcoinEthereumNews.com.
“Reclaiming $1 in 2026 is mathematically and technically possible for Cardano (ADA), but it faces a steep, uphill battle,” Gemini stated. June was not kind to Cardano’s native token, whose price briefly crashed below $0.14, marking the lowest point since 2020. Fortunately for the bulls, the asset started July on the right foot, temporarily recovering to roughly $0.20, and is currently trading at around $0.17, representing a 14% increase over two weeks. It will be interesting to see whether ADA can extend its positive momentum in the following months and reclaim the major milestone of $1 before the end of the year. Below is the perspective of three of the most widely used AI-powered chatbots. Possible But Quite Difficult Task ChatGPT estimated that ADA could reach $1 sometime this year, but warned that this will be extremely challenging given current levels. OpenAI’s platform claimed tha
The post Ethereum Eyes Critical Price Levels as Market Stays Uncertain appeared on BitcoinEthereumNews.com.
Ethereum’s price has been stuck in a tight trading range, struggling to surpass the $1,826 resistance, while repeatedly testing support around the $1,580 mark. This situation has paved a challenging path for the broader market, which remains indecisive amidst persistent volatility. Continue Reading:Ethereum Eyes Critical Price Levels as Market Stays Uncertain Source: https://en.bitcoinhaber.net/ethereum-eyes-critical-price-levels-as-market-stays-uncertain
The post Cardano’s wallet hack exposed the user layer holding its on-chain government together appeared on BitcoinEthereumNews.com.
EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano’s infrastructure funding, to focus resources on recovering funds lost in the SecondFi exploit. The attack exploited a flaw in SecondFi’s wallet address-generation system, draining roughly $2.4 million in ADA from 374 wallets. A wallet-layer product failed, and EMURGO, one of Cardano’s founding entities, stepped back from an infrastructure coordination role as recovery work began. Cardano’s governance system, which grew during its Voltaire era, adds a second layer to the story because the product failure sits inside the same wallet environment where ordinary ADA holders delegate and vote. Yoroi’s help documentation says users can delegate voting power to Yoroi’s own DRep, delegate to a different DRep, abstain, or select no confidence, all from inside the wall
The post Why Is the Pi Network (PI) Price Down This Week? appeared on BitcoinEthereumNews.com.
PI is down 12% this week and is quickly approaching $0.10. Will buyers return there? PI Network (PI) Price Predictions: Analysis Key support levels: $0.10, $0.085 Key resistance levels: $0.13, $0.16 PI Arrives at $0.10 As expected, the price of PI has reached the 10-cent support, a key psychological level. So far, sellers appear to have total control, considering that the price has crashed 12% since last week. If buyers plan to return, then this is a key moment for them to take back control. Ideally, they defend the $0.10 level and send PI into a bounce. The current resistance is found at $0.13, and only if this level breaks can we hope for a sustained rally. Source: TradingView Decisive Moment Ahead With the $0.10 key support under pressure, PI is found at a crossroads. Bounce here, and buyers have a chance to recover some of the most recent losses. Fail to defend this level, and PI may cras
The post Stellar (XLM) Volume Surges 300% as Selling Pressure Mounts—Is a Major Price Move Brewing? appeared on BitcoinEthereumNews.com.
The post Stellar (XLM) Volume Surges 300% as Selling Pressure Mounts—Is a Major Price Move Brewing? appeared first on Coinpedia Fintech News The Stellar price has come under renewed selling pressure after failing to sustain its recent recovery, pushing the token back toward a key support. The latest decline has been accompanied by a sharp surge in trading volume, which has jumped more than 300% over the past 24 hours. This highlights increased market activity as buyers … Source: https://coinpedia.org/price-analysis/stellar-xlm-volume-surges-300-as-selling-pressure-mounts-is-a-major-price-move-brewing/
