Analysts predict the formation of a tombstone doji may lead to XRP price big dump 40% A cryptocurrency analyst predicts that the price of XRP will experience a big dump of 40%, and the long-awaited pump in the XRP price may soon come to an end. Despite the recent bullish momentum of XRP breaking the $1 mark, the analyst reveals that XRP is showing a gravestone doji pattern, indicating a bearish outlook for cryptocurrency. "Without Worries" Cryptocurrency analyst has released a detailed analysis of XRP PA, predicting a big dump of 40% in the short term. The analyst emphasizes that this 40% drop could happen within a few days, and XRP will witness a significant reversal from recent price highs. According to Cryptocurrency experts, the price of XRP has pumped 150% in the past 10 days, showing an astonishing increase. This pump in price has pushed it to the $1 mark for the first time in three years. Despite these bullish developments, analysts have highlighted several reasons and technical indicators that indicate a potential trend reversal and price adjustment for XRP. In the XRP price chart, analysts have identified and confirmed the gravestone doji, a bearish candlestick pattern that appears at market tops and suggests a possible pullback in price. The gravestone doji candlestick indicates that buyers attempting to push up the XRP price have been overwhelmed by sellers taking profits. Another indicator suggesting that the XRP price may be preparing for a significant pullback is the breakout of the Relative Strength Index (RSI) and the Money Flow Index (MFI) support. RSI measures the speed and change of asset price movements, indicating whether the asset is overbought or oversold. On the other hand, MFI considers both price and volume, highlighting where the money flow is heading. XRP's RSI breaking through the support level indicates a possible reversal in trend due to the market being Overbought. The MFI breaking through the support level (analysts say this is a very noteworthy indicator) indicates that funds are withdrawing from the asset, ultimately indicating a reduction in buying pressure. As mentioned earlier, analysts predict that the XRP price may experience a big dump of 40%, which means the value of Crypto Assets may fall from the current $1.11 to $0.66. In addition to the above factors, market experts also indicate that the price movement of XRP currently exceeds the Bollinger Bands, which are used to measure the price volatility of assets. Analysts reveal that 95% of the price action occurs within the Bollinger Bands. Therefore, prices outside the Bollinger Bands usually signal a pullback or a pullback to the mean point of $0.73. In addition, he pointed out that the Bollinger Bands are curving inward, indicating that XRP buyers may have exhausted, thus increasing the possibility of price reversal. In addition, Cryptocurrency analysts emphasize that most traders are either bullish on XRP or bullish on XRP, which is a Reverse signal for the price outlook of Crypto Assets. While he acknowledges that XRP may continue to pump, the analyst also points out that current indicators suggest this is unlikely. (Data source: Scott Matherson)

Mantra (OM) hits a new high, with a weekly gain of 132% This cryptocurrency has become one of the best-performing currencies in the altcoin market, with a 570% increase in daily active addresses, reaching a new all-time high. Analysts point out that Mantra holders are increasingly excited as they expect an airdrop in the coming days. The token reached a new all-time high when this news was announced, with a significant increase in the number of daily active addresses. Data shows that the daily active Addresses of this Cryptocurrency have surged by 573% in the past three days, indicating that the digital asset is becoming increasingly attractive to its holders, leading to an increase in trading activity. The trading price of OM is $3.35 per token, reaching a new all-time high, with a 24-hour volume exceeding $674 million. Last week, the price of Mantra increased by as much as 132%, with a total market cap exceeding $3 billion. In addition, due to recent price pump, Whale activities are also rising. It is reported that the Whale, who has a large amount of Mantra since December 2023, has recently purchased more Tokens to increase its OM holdings. In addition to the 18.27 million OM Tokens that the Whale already owns, the Whale has also purchased OM Tokens worth $2.62 million. In addition, Mantra's net inflow from Whales or large holders soared from 716,040 Tokens recorded on November 13th to 2.39 million OM on November 15th, worth $5.75 million. Analysts say that the increasing interest from large investors indicates a bullish market for OM. Market commentators have said that the price of Mantra has pumped nearly 50% in the past 24 hours, reaching a new all-time high. Analysts say that in the past 12 months, this cryptocurrency has pumped over 10,000%, making it one of the best-performing altcoins in the cryptocurrency market. This milestone also makes Mantra the only RWA key digital asset to achieve a 100x return this year. According to data, Mantra ranks 44th in total market value. In addition, analysts have also found that the number of unclosed contracts in the BTC futures market has surged, pumping 78.22% the previous day, reaching a new high of 115 million USD. This figure has made a significant leap from the 24.7 million USD in September. Analysts predict that Mantra will continue to show a rising trend, as the price chart shows that the Token is currently floating above the upper limit of the Bollinger Bands at $2.0850. The forecast has been confirmed by the average directional index reading data, with Token recorded at 35.96, and it is added that a value exceeding 25 usually indicates a strong trend around digital asset. Market observers say that if investors follow these indicators, Mantra may continue to pump and there may be another price pump in the short term. (Data source: Christian Encila)

BTC price hits a historical high of $75,000: Analysts say this is what you should expect next BTC price hits a new all-time high (ATH), breaking $73,700 and reaching a high of $75,000 on November 6th. Following this, cryptocurrency analyst Tony Severino revealed his expectations for the next step of this flagship cryptocurrency. Tony Severino stated in a post on X that the price of BTC is ready for a parabolic pump. He told market participants that the price of BTC will break the $75,000 mark. The cryptocurrency analyst also revealed that BTC is approaching the upper band of the Bollinger Bands, which is the tightest in history. Cryptocurrency analyst shared a chart showing that BTC prices could rise to $140,000, and this flagship Cryptocurrency could reach its potential market peak in 2025. Tony Severino previously mentioned that BTC is approaching the strongest phase of the Bull Market and explained that based on historical trends, BTC could rise to $133,000. In fact, the BTC price seems to be entering the strongest phase of the Bull Market after hitting a new all-time high. The recent pump in price to new highs can be attributed to Donald Trump, who has been elected as the next President of the United States. This provides bullish prospects for BTC and the broader Cryptocurrency market, as the elected President has openly declared support for BTC and other Cryptocurrencies. In addition to Trump's easy victory, it is worth mentioning that the price of BTC has never been lower than the level on the day of the US presidential election in history. Therefore, this may be the lowest range at which the flagship cryptocurrency may trade before recording the next parabolic trend of this Bull Market. In addition to Donald Trump's victory, there are other catalysts expected to trigger the next round of the BTC bull market. One of them is the possibility of a Fed rate cut, which is expected to take place on November 7th and is favorable for BTC prices. The Fed started its FOMC meeting today and will decide on the rate cut tomorrow. Data shows that there is a 97.6% probability of a 25 basis point (bps) rate cut by the Federal Reserve. With more capital flowing into its ecosystem, this provides a bullish outlook for BTC price. Institutional investors are also taking a wait-and-see approach as they may allocate more funds to SpotBTC ETF after the US election and the Fed rate cut. According to the data, currently, the price of BTC is about $74,500, and it has pumped more than 9% in the past 24 hours. (Data Source: Scott Matherson)

Is now a good time to buy BTC? Key indicators show that BTC is in the accumulation phase. BTC's accumulation phase: analyzing key indicators; BTC's rainbow chart recently confirmed that BTC is in the accumulation phase, a finding that has piqued the interest of experienced investors and market analysts. This accumulation phase heralds potential buying opportunities, as historically, such phases often precede significant price pumps. Understanding metrics: MVRV and on-chain value; One key metric to consider is the MVRV (Market Value to Realized Value) ratio. Based on the latest data, the MVRV ratio for BTC is 1.93, indicating an upcoming accumulation phase. Typically, a ratio below 1 indicates favorable buying conditions, while a ratio above 3 indicates good selling opportunities. The current position of this ratio suggests that now may be the best time for investors to accumulate BTC. In addition, the analysis of the well-known Cryptocurrency analyst Root also supports this view. By examining the on-chain value chart of BTC, it can be found that the current valuation of BTC is reasonable. This further confirms the view that it may be appropriate for investors to consider increasing their holdings at present. Recent on-chain data has strengthened bullish sentiment. The significant reduction in on-chain BTC supply indicates increasing buying pressure. As of August 9th, the significant increase in BTC outflows from exchanges further proves this point. Whale activity, reflected in the increase in top holder transaction volume, also highlights investors' current confidence in BTC. Despite the significant increase in buying pressure, the weighted sentiment of BTC has turned negative. This indicates that some investors generally hold a bearish view. However, from a technical perspective, BTC's indicators present a more subtle picture. Recent analysis of the BTC daily chart shows a sharp decline in the Chaikin Money Flow (CMF), suggesting a potential bearish trend. At the same time, as indicated by the Bollinger Bands, BTC is testing its 20-day Simple Moving Average (SMA). The Moving Average Convergence Divergence (MACD) shows signs of a possible bullish crossover, which could push BTC beyond the 20-day SMA. In conclusion, various indicators and market behavior indicate that BTC is currently in the accumulation phase. Although some technical indicator suggests caution due to negative sentiment, the overall data indicates a potential bullish trend in the near future. Investors should consider these insights to make wise decisions on accumulating BTC and to take advantage of the current market conditions for potential long-term gains. (Data Source: Marisol Navaro)

Ethereum's MOG pumps 100%, flipping BOME: Is the trend of memecoins changing? The value of Ethereum memecoin Mog Coin $MOG has continued to surge, with its price rising by 10.31% to $0.000001922 in the past 24 hours, according to data. Its market cap also soared by 8.92% to $69.262 million, ranking 97th. Despite the positive price trend, the daily trading volume has decreased by 32.98% to $53.47 million. Therefore, although investor confidence has risen, the decrease in trading activity indicates the possibility of consolidation. MOG Coin recently launched BOOK OF MEME BOME, which has surged more than 115% in the past week. This impressive performance has propelled MOG to become one of the best-performing meme coins. With renewed interest in the Solana ecosystem and positive developments in the encryption ETF space, there is increasing speculation about whether MOG will also surpass BONK. Renowned figure in the encryption field, OSF, commented that the growth of MOG over the past year reflects a well-executed memecoin strategy. This community-driven momentum is a key factor in MOG's rapid rise in the market. Similarly, Eddie, a cryptocurrency trader on X (formerly known as Twitter), commented, "$MOG remains strong, mentioned multiple times in the timeline, and friends like this are doubling down on the token." The price chart of Mog Coin presents a rising wedge pattern, indicating a potential upward trend in the short term. The Bollinger Bands show that MOG is experiencing fluctuations, with the price hovering near the upper limit of the Bollinger Bands, which typically indicates an overbought situation. The current level is significantly above the Moving Averages, reinforcing bullish sentiment. The current relative strength index (RSI) is 70.10, entering the overbought zone, which may indicate a soon pullback or consolidation. The commodity channel index (CCI) is also in the high range of 114.29, further indicating that MOG may be overextended. Traders should pay attention to any bearish divergence or break of the rising wedge pattern, which may indicate a reversal or correction. According to reports, the trading statistics of Mog Coin show that from the end of February to the beginning of May 2024, the volume and price showed an overall rising trend. The trading volume reached its peak at the end of May, synchronized with the price pump, but started to decline in June. This pattern indicates that within a certain period of time, people's activities and interest in Ethereum-based memecoins were highly active, but then market participation started to decline. (Data source: Olivia Stephanie, Saman Waris)

The gold Bollinger Bands contract and move flat, follow this range

Polygon in Danger: Will MATIC Rebound or Fall into a Sub-$1 Slump? Polygon (MATIC), Ethereum's high-speed scaling solution, has been on a rollercoaster ride this month. After a sharp correction in which the MATIC price falls by more than 20%, the surge in the last 24 hours has injected a dose of optimism into the market. But is this a sign of a full recovery, or is it a temporary relief before a further decline? The data paints a sobering picture. MATIC's ranking among the top 20 Crypto Assets has been steadily declining and is currently ranked 18th. This decline coincided with a significant price fall, with MATIC losing more than a quarter of its value in the last 30 days. Analysts such as World of Charts point to the descending channel pattern on the MATIC daily chart, which is a classic indicator for fall trends. For a real price recovery, MATIC needs to overcome a key obstacle: the $0.77 resistance level. A break above this could trigger a bull market to the $1 level, but it won't be easy to pump up. The past 24 hours have given a glimmer of hope to Polygon's longest. Token price surged 5%, briefly breaking the $0.74 mark. This rise coincided with an improvement in the MVRV ratio, which indicates an increase in the number of profitable MATIC investors. In addition, the bullish crossover of the MACD indicator suggests that buying pressure may increase. Beneath the surface, however, some worrying trends remain. Despite the recent price pump, the data shows that Polygon is under significant selling pressure. A significant increase in exchange inflows indicates that investors are transferring Tokens to exchanges, which is often a precursor to a sell-off. This trend is further confirmed by an increase in the supply of MATIC within the exchanges and a decrease in the supply outside the exchanges. Despite the silver lining of the MACD, other technical indicators remain falling. Bollinger Bands indicate Fluctuation dropping, which could be a sign of consolidation before a breakout or price falls further. Both the Money Flow Index (MFI) and the Chaikin Money Flow Index (CMF) fall downward, potentially signaling the end of a short-lived Bull Market Rebound. While Polygon's technological outlook remains uncertain, a complete reversal is not out of the question. Continued positive developments within the Polygon ecosystem, coupled with a broader market recovery, are likely to drive MATIC pump. However, overcoming selling pressure and technical resistance levels is essential for a sustained Bull Market. Investors should exercise caution and keep a close eye on market developments before making any investment decisions. (Source: Christian Encila)

coin Jiejie.com reports: The price of Solana has fall in the past 24 hours, but the fall trend may end soon. The Crypto Assets falls more than 6%, trading at $134.70 and having a market capitalization of more than $60.2 billion. Its social indicators and weighted sentiment declined, suggesting that falling sentiment was dominant. However, a descending channel pattern on its 12-hour chart indicates a potential bullish breakout. Analysis of on-chain data and various indicators such as volume, Close Position contracts, MACD, RSI, Bollinger Bands and Money Flow Index presents a mixed outlook. While some indicators suggest that the falling trend may not last long, others indicate that the price may continue to fall. Still, if Solana manages to break through this pattern and break through the near-term resistance level, it could regain the $200 mark.

According to the CoinWorld report, memecoins based on Solana, such as BONK, have achieved significant profits in the past 24 hours, which may lead to the tokens reaching new targets. With market conditions favoring investors to some extent, Solana [SOL] has taken this opportunity to push up its price. Despite the encouraging 24-hour price trend of SOL, memecoins based on SOL, such as BONK, have stolen the spotlight because of their better growth momentum. According to data from CoinMarketCap, the price of SOL has risen by more than 4.5% in the past 24 hours. At the time of writing, its trading price is $142.24, with a market capitalization exceeding $63.6 billion. However, all eyes are on BONK because its value has grown by more than 8% in the past 24 hours alone. At the time of writing, the value of the memecoin based on SOL is $0.00002581, with a market capitalization exceeding $1.68 billion. The good news is that the trading volume of the memecoin has also soared along with its price, laying the foundation for its bullish rebound. Surprisingly, despite the recent price increase, the social volume of BONK remains low. Its weighted sentiment also remains in the negative zone, indicating that bearish sentiment dominates around it. To understand whether the memecoin can maintain this price increase, AMBCrypto analyzed its daily chart. The MACD shows a clear bullish advantage in the market. In addition, the Relative Strength Index (RSI) has also gained upward momentum, indicating a high possibility of a bull run. However, the price of BONK has already touched the upper limit of the Bollinger Bands, which is a bearish signal. AMBCrypto then examined data from HyBlock Capital to find possible targets that BONK may reach if the bull run continues. In the short term, the first possible target seems to be $0.000028, as liquidation will increase at this level, which may cause price adjustments. Breaking through this level could lead to the memecoin's price touching $0.000030. DogWifhat [WIF] is another popular meme coin based on SOL, and its price has also risen. In the past 24 hours, the value of WIF has soared by more than 3.5%. At the time of writing, its trading price is $2.73, with a market capitalization of $2.7 billion. AMBCrypto's analysis of Santient data shows that the situation of WIF may improve. The financing interest rate of the memecoin has decreased. In general, the trend of prices is opposite to the financing interest rate, which indicates that WIF may soon earn more profits. However, its open positions have also declined. Whenever this indicator decreases, it implies a high possibility of a change in the continuous price trend. In addition, it can be seen from its low weighted sentiment that bearish sentiment also persists around WIF.

According to the report from Gate.io, despite recent price increases, Polygon (MATIC) is facing significant selling pressure, indicating that its bull market may be coming to an end. Over the past month, the cryptocurrency has experienced multiple price adjustments, dropping to the 18th position among the top 20 cryptocurrencies due to a fall of more than 26% in the past 30 days. The latest data shows that MATIC's price is expected to increase by 6%, with the current trading price at $0.7419 and a market capitalization of over $7.3 billion. However, the increased inflow and supply on exchanges, as well as a decrease in supply outside exchanges, indicate sustained selling pressure. Technical indicators still reflect a bear market, with Bollinger Bands showing low volatility, and both the Money Flow Index and Chaikin Money Flow indicating a decline. Despite a bullish crossover in the MACD, MATIC faces some challenges, including a potential price adjustment around $0.76 according to the analysis of HyBlock Capital data by AMBCrypto.

BNB: Why it is not impossible for it to rise to $650 next week. BNB's price is about to break through a bullish pattern, which may lead to a 40% increase in the coming days. Last week, BNB demonstrated a hopeful bullish trend, with its price rising by over 8%. At the same time, a bullish pattern appeared on the price chart of the coin. If BNB successfully breaks out of this pattern, its price may experience an upward fluctuation. On the price chart of BNB, a bullish pattern emerged. After a comfortable week of upward momentum, the volatility of the coin decreased, and the increase on the last day was negligible. According to CoinMarketCap data, BNB's price has dropped by 0.5% in the past 24 hours. At the time of writing, its trading price is $608.62, with a market cap exceeding $89.8 billion. However, the volatility of BNB may soon recover. Prominent cryptocurrency analyst Captain Faibik recently tweeted about a bullish symmetrical triangle pattern forming on the coin's price chart. Successfully breaking out of this pattern could lead to a price increase of over 40% for BNB. Investors have shown confidence in BNB and expect its value to rise. This can be seen from the significant increase in its weighted sentiment on April 25. Its social activity also remains at a high level, reflecting its popularity in the cryptocurrency space. Is a bull market inevitable? AMBCrypto subsequently examined other datasets to determine if BNB could successfully test the bullish pattern. Analysis of Santiment's data revealed that BNB's holdings increase as the price rises. This indicates that the bullish trend of the coin may continue. Additionally, its funding rate has dropped sharply. Typically, prices tend to move in the opposite direction of the funding rate, further suggesting the possibility of a bullish trend in the coming days. Technical indicators also appear quite optimistic. For example, the Chaikin Money Flow (CMF) is significantly above the neutral mark of 0, with a current value of 0.15. The good news is that the Money Flow Index (MFI) has seen a sharp increase, increasing the likelihood of a price rise. However, the Bollinger Bands indicate that BNB's price is in a low volatility range, which means that the price of the coin may not experience an unprecedented increase in the short term. Whether it is realistic or not, the market cap of BNB, priced in SOL, is as follows: "". AMBCrypto subsequently checked HyBlock Capital's data to find out potential targets if BNB successfully launches another bullish trend. According to our analysis, BNB must break the key level of $620, as at this level, liquidations will increase significantly. Increased liquidations typically lead to price adjustments. Successfully breaking this level may push the price of the coin above $650.

coin The increase in global market capitalization shows the strength of the Bull Market trend, with Bitcoin, Ethereum and Hedra valuations rise. However, the Bollinger Bands indicate increased Fluctuation, and the Alligator indicator shows signs of convergence that may signal the end or consolidation of the current trend. WIF and other Tokens also performed well

Bitcoin is expected to fall before the halving: What will happen to BTC if the Fed's FOMC keeps interest rates unchanged? Bitcoin is still under pressure at the time of writing and is in a bearish pattern after a sharp drop on March 19. While the price has fallen, an analyst at X believes that this drawdown is in line with historical performance, especially as the network prepares to slash miner rewards in April 2024. According to analysts' assessments, BTC is currently down about 18% from its recent volatility highs. This drawdown is at the same level as the approximately 19% decline observed prior to the last halving event in 2020. It's worth noting that Bitcoin has historically pulled back lower after hitting new highs before halving. Since then, the token has rebounded to new all-time highs after the halving, driven by a reduced supply. In this cycle, BTC surged to an all-time high of $73,800 in the first two weeks of March before cooling to the spot price, which is a departure from the usual trend. As the Bitcoin network prepares for the mid-April 2024 halving event, it's crucial to be mindful of the potential market impact. Some market watchers speculate that the current decline may provide entry opportunities for investors looking to accumulate at lower prices, anticipating future price increases. Judging by the alignment of the Bitcoin candlesticks on the daily chart, the path of least resistance appears in the south. Specifically, following the March 19 decline, the coin remains in bearish breakout mode, finding a strong rejection of the Bollinger Bands (BB) or the 20-day moving average. BB is a technical indicator that measures volatility. At the moment, Bitcoin is performing steadily. Even so, only time will tell if the price will recover, breaking above the $70,000 level a few days before the halving event, which is less than a month away. A further decline in the spot rate means that the pre-halving and post-halving rebounds have fallen much more than in 2020. History clearly shows that the halving is an important event for Bitcoin. It has proven to be a major catalyst for Bitcoin's price on several occasions, as the price rose to around $70,000 in the last bull cycle. Thus, the next few days will determine the evolution of the Bitcoin price in the medium and long term. One of the key drivers of crypto and Bitcoin valuations will be fundamental events, especially statements from the Federal Reserve. It is learned that the Federal Reserve will keep the benchmark interest rate unchanged in the range of 5.25%-5.50% for the fifth consecutive time, in line with market expectations. The Fed's median core PCE forecast for the end of 2024 was 2.6%, compared to 2.4% previously. Nine Fed officials expect two or fewer rate cuts in 2024. (Source: Dalmas Ngetich)

What's next after the recent 20% increase in Solana price? The Solana price has been doing very well lately, rising by more than 20% in less than 24 hours. After these high-profile gains, what's next for Digital Money? Several analysts expressed their opinions, giving their own opinions on this issue. "Solana is likely to soar due to the spillover effect of the general optimism surrounding the new Crypto Assets Bull Market," Brett Sifling said. Speculation continues as to whether the technology can be a competitor to Ethereum, with Ethereum Market Cap about 7 times that of Solana". "In addition, Long of the many projects built during the Solana Bear Market over the past few years seem to have finally entered the market and sparked further excitement," he stressed. After providing a higher-level market view, Sifling commented on the key support and resistance levels for Crypto Assets. The previous high of $132 in April 2022 will be a key level to watch. I expect Long resistance from the previous highs of $150 and $170," he said. "As for support, I'd like Solana to stay above $75 and the important psychological barrier of $100, which was the low from earlier this month," Sifling said. William Noble also chimed in, pointing out important price points. "In SOL, there are two levels that stand out. The first one is $131," he said. "If the SOL is above that level, it may start to run to the level where a massive sell-off began in 2021. It's $175 to $180 in this area," Noble noted. Joshua de Vos also gave his two cents and delved into Technical Analysis. "Since the end of the fourth quarter of 2023, Solana has been trading between $120 and $80," he said. "Recently, if the daily Closing Price remains above this level, it has managed to break out of this range and break through $127 by a large margin," de Vos noted. Analyzing the 4-hour chart, we see that the 50 EMA is above the 200 EMA, and both are starting an rising trend, indicating a return of bullish momentum in the short to medium term," he added. "Further examination of other technical indicators on the daily chart shows a positive setup: the 50-day MA (MA50) is above the 100-day MA (MA100) and the 200-day MA (MA200), the Super Trend indicator is signaling a rise trend, price is above the MA50, the MA Convergence Divergence (MACD) is above zero, and it has broken above the upper Bollinger Bands. Together, these factors point to strong mid- to long-term bullish momentum for Solana," DeVos concluded. (Source: Charles Lloyd Bovaird II)

ADA Price Breakout: Analysts predict Cardano to soar 30% to an all-time high Cardano (ADA), the market's ninth-largest Crypto Assets, experienced a major price breakout, reaching $0.710 on Thursday for the first time since May 2022. This is a pivotal moment for the ADA as it has moved out of the long consolidation phase of the second half of 2023 and the first month of 2024. With prices soaring, ADA is now targeting the $1 mark, which was last reached in April 2022. The recent price breakout has sparked predictions of an imminent continuation of the ADA uptrend, with the potential to reach new all-time highs (ATH). Crypto Assets analyst Trend Rider conducted an in-depth analysis of ADA and sounded the alarm that ADA could hit a new all-time high. According to Trend Rider, the trend strength indicator has increased significantly, which is similar to the beginning of a legendary Rebound that pushed ADA to $3.6. Moreover, with Bitcoin (BTC) nearing its peak, analysts believe ADA is ready to close the gap and rebound to $3.6. In addition, Trend Rider highlights the bullish nature of ADA MA bands and money flow oscillators, which have turned positive after 200 weeks. These macro factors highlight the positive sentiment surrounding the growth potential of ADA. In addition, the analyst highlighted that ADA showed the Bull Market signal that was previously observed when the price of the Token was trading at $3 before it soared to $0.10. Trend Rider said that the trend indicator's shift from bearish or neutral to bullish further reinforces the positive outlook for the ADA price trajectory. According to the data, combined with the bullish indicator of ADA, Cardano has seen significant growth on various key indicators. Over the past 30 days, ADA has made significant progress in terms of Market Cap, trading volume, and fee generation. At the same time, the fees incurred by ADA holders have decreased, providing further insight into the recent performance of the Token. Cardano's fully diluted Market Cap has soared to $28.09 billion, up 27.4% from the past month. This indicator takes into account the total potential value of all ADA Token (if they are in circulation). Similarly, the Market Cap in circulation, which reflects the value of the currently available ADA Token, also experienced a significant uptick, reaching $21.94 billion, an increase of 27.7%. Cardano has shown its popularity in terms of trading activity, with the Token having a 30-day trading volume of $14.69 billion. Although this figure is down slightly by 4.0% from the previous month, it still shows the strong liquidity of ADA and investor interest. As for the fees incurred within the Cardano ecosystem, the 30-day fee generation was $396,78K, a decrease of 9.7%. A decrease in fees indicates an increase in cost efficiency for ADA holders over a specific period. Currently, the ADA is trading at $0.682 and has undergone a slight correction over the past few hours. However, when looking at the longer time frame, the Token has shown significant gains of 14%, 14%, and 30% over the past 7, 14, and 30 days, respectively. (Source: Ronaldo Marquez)

Peter Brandt, senior analyst and CEO of Factor LLC, expects the price of Bitcoin to rise to $200,000 by September 2025. Brandt said Bitcoin price broke above $55,000 on Monday, breaking through the 15-month channel, which was identified by a trend line connecting the November and September 2022 lows and the April 2023 and January 2024 highs. When the Bitcoin price surpasses last week's lows around $50,500, the bullish view remains valid. Several other studies suggest a significant bull market ahead, including studies based on technical analysis indicators such as previous Halving cycles and Bollinger Bands bandwidth. （CoinDesk）