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You are here: Home / Archives for price outlook

price outlook

Cardano’s Do-or-Die Moment: Will $0.67 Hold for the Eighth Time?

April 17, 2025 by Lipika Deka

  • ADA eyes bounce from key $0.67 support, needing a 4H close above for reversal, but macro uncertainty poses risk.
  • Cardano proponent sees unique long-term chart pattern signaling major future price increase, emphasizing patience.
  • Cardano enables secure, trustless Bitcoin yield via Midnight (privacy) and Midgard (staking), no bridges needed.

Cardano’s short-term trading setup looks promising as traders eye a bounce off a key support trendline. ADA’s current price is hovering close to this support line around $0.67. Historical trends say when the price reached this line, buying pressure intensified and the price bounced upwards. However, for trend reversal, ADA needs to close a 4-hour candlestick above $0.67.

Cardano
Cardano's Do-or-Die Moment: Will $0.67 Hold for the Eighth Time? 2

While ADA’s short-term outlook leans towards bullish, the growing macro uncertainty is leading to uneasiness among traders. The ongoing geopolitical tensions between the US and China trade war might derail the anticipated ADA breakout due to risk aversion in the markets.

To put it simply, this cautious behavior among investors makes it difficult for risk assets like cryptocurrencies (including ADA) to experience significant bullish breakouts, even if the technical setup looks encouraging.

Bitcoin Staking Arrives Securely on Cardano

On the other hand, Cardano proponent Dan Gambardello is doubling down on the significance of looking at the broader price history of the token on a larger timeframe. The pattern formed over this extended period is seen in a positive light. Gambardello believes it is unique and is a strong signal of a major future price increase.

There is no chart like the zoomed-out chart on Cardano. It will look so obvious in hindsight. The most important ingredient is patience.

There is no chart like the zoomed out chart on Cardano.

It will look so obvious in hindsight.

The most important ingredient is patience. pic.twitter.com/4rvZYIZ7yo

— Dan Gambardello (@cryptorecruitr) April 16, 2025

In a significant development, ADA users will be able to earn yield on Bitcoin without the assistance of any third party or wrapped assets (like wrapped Bitcoin—wBTC). Earlier, earning yield needed complex protocols like Lightning Network nodes or lending platforms. In essence, these cross-chain interactions will no longer involve “bridges” or other protocols, thus increasing security and efficiency.

Reportedly, Cardano’s Midnight, a privacy-focused sidechain, will ensure privacy by potentially hiding transaction details or user identities involved in the process. Furthermore, Midgard, an ADA protocol that oversees Bitcoin staking functionality, will allow users to lock their Bitcoin and earn rewards.

Filed Under: News, Altcoin News Tagged With: Bitcoin staking, Cardano (ADA), price outlook

Solana Joins OpenSea’s OS2: What This Means for SOL Traders

April 15, 2025 by Lipika Deka

  • OpenSea’s revamped OS2 platform now supports Solana (SOL) trading for select beta users, with a wider rollout planned for the coming weeks, marking a key step in their multi-chain strategy.
  • OS2’s Solana integration will initially focus on SOL tokens, with NFT support to follow. The platform aims to attract Solana users and developers with its new features and improved UX.
  • Technical analysis suggests a bullish outlook for SOL, drawing parallels to Ethereum’s 2021 breakout pattern after an accumulation phase between $120-$130, with a target of $300+.

Solana is now live on OS2, a revamped platform of NFT marketplace OpenSea, for a select group of closed beta users. Access to SOL trading will reach more users in the coming weeks, indicating a phased implementation. OpenSea hailed the integration, calling it a significant step in OS2’s “multi-chain journey,’ signifying its commitment to supporting various blockchain ecosystems.

According to the official post, OS2 will initially onboard only SOL tokens for trading purposes and will extend support to Solana-based non-fungible tokens (NFTs) at a later stage. Those who are interested in gaining early access to trading on OS2 are invited to reply with their SOL wallet address.

Launched on February 13, 2025, the new platform brings updated core functionality, features like access to fungible token swaps via integrated liquidity aggregators, new chains along with cross-chain purchasing, aggregated marketplace listings to help users source the best prices, live data & analytics, etc.

Besides that, OS2 aims for a better user experience that promises homepage redesign, faster navigation, a wallet sidebar, and real-time notifications.

Solana Follows Ethereum’s 2021 Pattern

OS2’s expansion to the blockchain aims at attracting SOL users and developers. Following the announcement, the SOL community has warmly welcomed this development, noting, ‘Love to see more support built for the blockchain. This brings us to take a close look at SOL’s price action, considering the improved market sentiment post-tariff easing.

Solana
Solana Joins OpenSea's OS2: What This Means for SOL Traders 4

Source: BitBull

On the price front, SOL’s current setup ($131) is looking strikingly similar to Ethereum’s price action in 2021. Similar to Ethereum’s run in 2021, Solana is setting up for a massive move in 2025. In 2021, the largest altcoin followed a clear accumulation and breakout pattern.

Experts believe $SOL is now mirroring a similar pattern on the CME Futures chart. They also identified $120–$130 as the accumulation zone for the token and projected a target price of over $300, advising against “fading the setup” (i.e., not betting against this potential bullish scenario).

Filed Under: Altcoin News, News Tagged With: Blockchain integration, NFT, OS2, price outlook, Solana (SOL)

BERA Breaks Free; Airdrop-Fueled Rally Leaves Market Behind

March 1, 2025 by Lipika Deka

  • BERA surges 8.59% amidst a widespread market downturn, defying the red sea.
  • Strategic airdrop campaign fuels its growth, rewarding early and social contributors.
  • The token outperforms other tokens and even Bitcoin, showcasing unprecedented resilience.

BERA shines green amidst a sea of red, defying the prevailing market downturn with an impressive 8.59% surge. While the broader crypto market bleeds, the token displayed resilience, fueled by a strategic airdrop campaign that rewarded both early and social contributors. This unconventional launch strategy has proven highly effective, propelling it against the market odds.

While other tokens, such as KAITO had their brief periods of positive movement, BERA’s sustained performance has caught market attention, demonstrating unprecedented strength.

BERA
BERA Breaks Free; Airdrop-Fueled Rally Leaves Market Behind 7

The success of BERA’s airdrop strategy highlights the power of community-driven token launches. By distributing tokens to early adopters and active community members, teh token fostered a loyal and engaged user base.

On the price front, the token has stood tall as Bitcoin struggles near the $80k mark, showcasing notable strength. This strong footing is fueled by a unique tokenomic model. Transaction fees are burned, creating deflationary pressure that could drive value with increased network usage. This mechanism positions the token favorably for future growth.

image 266 14
BERA Breaks Free; Airdrop-Fueled Rally Leaves Market Behind 8

Should Bitcoin stabilize, experts predict a potential surge to $11-$12 within weeks. The token’s performance against the market’s current trend highlights its unique value proposition and the community’s confidence. This potential upside makes BERA a token to watch closely.

BERA $12 Target in Sight Amidst Bullish Burn Mechanism

$BERA is showing some strength here despite BTC falling off the cliff. Its transaction fees are getting burned which is bullish if the network usage grows more. If BTC stops going down, the token could hit $11-$12 in the coming weeks.

This approach not only generated significant initial interest but also ensured a wider distribution of the token, promoting decentralization and reducing the risk of whale manipulation. As the market anticipates Bitcoin’s potential pump, BERA stands out as a beacon of hope, demonstrating that innovative launch strategies and strong community engagement can lead to remarkable success even in the face of adversity.

Filed Under: Altcoin News, News Tagged With: Airdrop, BERA, Berachain, price outlook

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