Cardano price confirms falling wedge breakout, targets upside to $0.32

Pi Network price remained under pressure on Monday as weakening momentum indicators and growing concerns surrounding upcoming token unlocks raised the risk of another decline toward the $0.15 support zone. According to data from crypto.news, Pi Network (PI) traded around…

The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com. ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.

BNB price climbed toward the $660 level after breaking above a multi-month descending triangle resistance, with traders increasingly positioning for a larger upside move toward the $785 region. After briefly dipping near $627 earlier this month, BNB (BNB) price rebounded…

XRP price rallied toward the $1.50 resistance level on Sunday after forming a bullish inverse head-and-shoulders pattern amid renewed strength across the broader crypto market. According to data from crypto.news, XRP (XRP) price was near $1.45 at press time on…

XRP's rally on Sunday evening appeared as the most promising, but it failed after Trump's response went viral.

Sui price rallied to a 4-month high of $1.41, becoming one of the best-performing major crypto assets on Monday. According to data from crypto.news, Sui (SUI) price rallied nearly 40% from $1 to $1.41 on Monday before stabilizing near $1.27…

Morgan Stanley’s spot bitcoin ETF has completed its first month without a single day of net outflows, even as larger rival funds posted repeated redemption sessions during the same period. SoSoValue data reviewed by crypto.news showed Morgan Stanley’s MSBT continued…

The post LINK Price Today Slips Slightly as Traders Track Breakout Setup appeared on BitcoinEthereumNews.com. Chainlink’s price today has been trading above $10, with investors awaiting to see if LINK is able to continue its recent rally from BTC. In addition to the recent move in Bitcoin’s price, fresh analyst charts indicated that LINK was testing major resistance areas with market strength from LINK/BTC. According to data from BraveNewCoin, the price of Chainlink is $10.32, down 0.91% in the past 24 hours. But observers have been looking to see if LINK can continue to push higher than the $10.50 level and move from accumulation to a more prominent breakout period. LINK BTC Candle Shows Strength The trend of strength is indicated by the LINK BTC Candle. In a statement, LINK/BTC formed a strong weekly candle, which was an indication of strength within the crypto market, not just Bitcoin. The chart he drew indicated that LINK/BTC had been in a long downtrend but was now pressing higher