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"Cardano Under Fire! Analyst Warns of Price Battle Amid SEC’s ETF Delay"

The Crypto Basic

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“#Cardano's price is at war,” prominent crypto analyst Dan Gambardello asserts. 

Read more on: https://thecryptobasic.com/2025/03/13/analyst-says-cardano-price-at-war-as-sec-delays-ada-etf/
#CryptoNewsFlash 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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"Ethereum Bulls Wake Up: Key Signals Flash $2,000 Price Target Ahead!"

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#SUI is consolidating near $3.46 with strong bullish indicators. Will the dominance of long positions lead to a breakout rally toward $5.14? As Bitcoin holds its ground above the $96,000 mark, altcoins are gaining momentum. With bulls taking control, the total crypto market has reached a capitalization of $3 trillion. Among the top performers in the growing altcoin market, SUI has emerged as a standout. Currently trading at $3.46, SUI has a market capitalization of $11.61 billion. Now ranked as the 11th-largest cryptocurrency, SUI recorded a 54% increase in April. Could this strong uptrend push SUI to a new all-time high? SUI Price Analysis On the 4-hour price chart, the SUI token is displaying a consolidation range between $3.41 and $3.83. Currently positioned at the lower boundary, SUI is showing signs of a potential bounce. According to trend-based Fibonacci levels, the range boundaries align with the 0% and 23.60% levels. With a 1.42% surge in the past four hours, SUI is demonstrating bullish strength at the lower range, increasing the likelihood of a reversal. The stochastic indicator shows a bullish crossover, and the MACD and signal lines are also approaching a crossover. This would signal a trend reversal and increase the probability of SUI retesting the upper boundary. If SUI breaks out of the consolidation, the uptrend could target the 50% Fibonacci level at $4.28, followed by the ultimate price target of $5.14. On the downside, key support remains near the psychological level of $3.00. Long Positions in SUI Nears 60% As SUI holds within its consolidation range, the potential for a bullish breakout has driven an increase in long positions in the derivatives market. According to data from CoinGlass, the SUI long-to-short ratio has risen to 1.4734. This indicates that 59.57% of positions in the past four hours have been long. With leveraged long positions increasing, SUI may be poised for a price surge. Notably, SUI’s open interest has climbed by more than 6%, reaching $1.55 billion, while the funding rate has risen to 0.0159%.. #CryptoNewsFlash

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The best is yet to come for #Dogecoin this bull cycle, according to a prominent market analyst, who predicts an over 2,000% rally to unprecedented prices. Market watcher Kevin shared a Dogecoin price update in a May 1 analysis amid recent positive trends. The analyst highlighted that the leading meme coin has shown strong bullish traction, citing catalysts that would propel a parabolic expansion to $3.943. Notably, the analysis comes when Dogecoin, the largest meme coin by market capitalization, is starting to find its footing. DOGE surged 15% last week and is up an impressive 38% from April’s low of $0.129. Indicators Look Good Kevin noted that Dogecoin has defended the macro support at the 0.382 Fibonacci extension, currently at $0.138. The support was initially a resistance trendline on the monthly timeframe, which the token broke above following its November rally. Notably, DOGE retested an ensuing wedge on the chart and has since bounced from the region to its current price. The market watcher insists that the prominent meme coin’s current price presents a phenomenal risk-to-reward opportunity. According to the commentary, Dogecoin has yet to resume its super trends on the monthly chart, and its relative strength index (RSI) is at the same level as when it traded at $0.0011 years ago. As a result, Kevin suggests that Dogecoin has a “ton of room to run to the upside.” Specifically, he predicted an upward trajectory to the 1.618 macro golden pocket, a Fibonacci extension that DOGE has typically peaked at in all previous bull cycles. Interestingly, the level correlates with a price target of $3.94, an over 2,087% uptick from its current trend. #CryptoNewsCommunity

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"$42B Strategy Revealed: New Plan to Expand Bitcoin Holdings!"

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#Ripple recently moved 1 billion XRP in its monthly rebalancing exercise, sending a large portion of the tokens to escrow with no May 2025 escrow release yet. The transactions, which occurred across six Ripple addresses, were part of what has become the standard procedure of the company over the past few months. Notably, in recent times, Ripple has persistently re-locked tokens before the usual escrow unlocks. Two Ripple Addresses Move 1B XRP to Four Different Wallets For this month, the firm first moved 500 million XRP in the late hours of May 1 using its Ripple (26) address. Notably, Ripple (26) distributed the 500 million tokens across two recipient addresses. Specifically, it sent 300 million XRP to Ripple (1) at 22:54 and then moved 200 million XRP to Ripple (14) at 22:55. Shortly after this initial series of transfers, the company used another address, Ripple (27), to shuffle an additional 500 million XRP. In particular, Ripple (27) transferred 300 million XRP to Ripple (14) at 22:56. Recall that Ripple (14) already received 200 million XRP tokens from Ripple (26) during the first batch of transactions. Meanwhile, after the transfer to Ripple (14), the second sending address, Ripple (27), moved 30 million XRP to Ripple (15) at 22:57 and then sent an additional 170 million XRP to Ripple (51). This brought the tokens transferred by Ripple (27) to 500 million XRP. Summarily, Ripple (26) and Ripple (27) moved a total of 1 billion XRP tokens. Of this figure, Ripple (1) received 300 million tokens, Ripple (14) received 500 million XRP in two transfers, Ripple (15) received only 30 million XRP, and Ripple (51) received 170 million XRP. Ripple Locks 700M XRP in Escrow The company then proceeded to lock up some of these tokens and hold the rest. Particularly, Ripple (14), which received 500 million XRP, locked up all the tokens in escrow at 23:01. A minute later, Ripple (15), which received only 30 million XRP, sent all 30 million tokens to escrow. #Crypto

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