Trend: ADA is exhibiting a bullish engulfing pattern on the weekly chart, suggesting strong upward momentum.
Resistance Levels: Immediate resistance is observed at $0.85; surpassing this could open the path to $1.10.
Support Levels: Key support is around $0.78, aligning with the 50% Fibonacci retracement level.
🌐 Recent Developments
Brave Browser Integration: Cardano's integration with the Brave browser provides access to over 85 million users, potentially increasing ADA's adoption and utility.
📊 Price Predictions
Short-Term (May 2025): Analysts anticipate ADA could reach between $0.89 and $1.10, contingent on market conditions and breaking current resistance levels.
Mid-Term (2025): Forecasts suggest ADA may trade between $1.40 and $1.65, with potential highs up to $2.36, depending on broader market trends and adoption rates.
$XRP , the native token of the XRP Ledger, continues to capture the attention of traders and investors alike. Known for its ultra-fast transaction speeds and low fees, XRP is built for global payments and has maintained its relevance even amid market fluctuations.
Recently, $XRP has shown renewed strength, with bullish patterns emerging on higher timeframes. Key resistance levels around $0.60 are being tested, and a breakout above this zone could signal a strong upward move toward $0.75 and beyond. On the downside, support remains firm at $0.50, offering traders a defined risk-reward setup.
Traders are closely watching regulatory updates and Ripple's continued partnerships in the payments space, both of which could fuel further momentum. As always, risk management is key—stay informed, stay disciplined, and trade wisely.