Current Snapshot: • PNUT: Showing minor upward momentum; currently hovering near recent support levels. • PEPE: Holding steady after last week’s dip; showing signs of consolidation.
Analyst Pulse: • PNUT could see short-term growth if it breaks past the 7-day resistance. Watch for volume spikes. • PEPE remains high-risk/high-reward. Ideal for scalping with tight stop-loss or long-term hold if meme coin rally returns.
Future Outlook: • Bullish Trigger: Market sentiment flipping risk-on could pump both microcaps. • Bearish Risk: BTC correction or regulatory FUD could wipe short-term gains.
Pro Tip: Always DYOR & never ape in blind. Meme coins move fast – play smart.
The post Cardano (ADA) Price Prediction for April 9 appeared first on Coinpedia Fintech News
In the ongoing tariff wars, the cryptocurrency market has already experienced notable downside momentum, but it currently appears to be in recovery. Amid this, the Cardano (ADA) price prediction has become a key topic of discussion, whether the current price rebound is genuine or merely a normal price correction before further downward movement.
Cardano (ADA) Technical Analysis and Price Action
Data from CoinMarketCap reveals that ADA has lost over 24% of its value in the past month. Following this notable price decline, the asset has lost its hold on a key support level at $0.64. This level has a strong history of triggering price reversals and rebounds.
Source: Trading View
According to Coinpedia’s technical analysis, ADA is poised to continue its downward momentum as it has successfully closed a daily candle below the key support level. Additionally, the asset has also retested that breakdown level. On the smaller time frame (Four-Hour Chart), ADA appears to be moving in an uptrend, taking support from an ascending trendline.
Cardano (ADA) Price Prediction
Based on recent price action and historical momentum, if ADA falls further and closes a four-hour candle below the trendline support, there is a strong possibility it could decline by 20% to reach the $0.43 level in the coming days.
Source: Trading Volume
At present, ADA is trading below the 200 Exponential Moving Average (EMA) on both the four-hour and daily time frames. This indicates that the asset is in strong bearish momentum and is showing weak price action. However, in such conditions, investors and traders often look for an upside rally as a shorting opportunity.
Current Price Momentum
ADA is currently trading near $0.575 and has recorded a price decline of over 2% in the past 24 hours. Meanwhile, during the same period, its trading volume dropped by 15%, indicating lower participation from traders and investors compared to the previous day.
$16.40 Million Worth of Bearish Bet
Looking at the current price momentum and ADA’s bearish outlook, traders seem to be strongly betting on the bearish side, as reported by the on-chain analytics firm Coinglass.
Source: Coinglass
Data further reveals that traders are currently over-leveraged at $0.544 on the lower side (support) and $0.588 on the upper side (resistance). At these levels, traders have built $8.33 million and $16.40 million worth of long and short positions, respectively.
These positions by traders reflect how they currently view ADA, which appears to be bearish. Moreover, with $16.40 million worth of short positions, there is a strong possibility that this could put downward pressure on ADA in the coming days.
What is the Auto-Invest Plan? The Auto-Invest Plan enables users to set up recurring crypto purchases on a daily, weekly, or monthly basis. This approach, known as Dollar-Cost Averaging (DCA), helps mitigate the impact of market volatility by spreading out investments over time.
How to Set Up an Auto-Invest Plan: 1. Log in to Your Binance Account:
If you are staking your crypto on Binance and want to know how much reward you will get, you can use a simple formula
What is APR in Staking? Annual Percentage Rate is the interest rate you earn on your staked tokens per year.
Reward is calculated as: 1. APR is multiplied by Staking Days, and the result is divided by total days 3. Multiply by Total Tokens This gives you the total reward earned from stakings.
Key Takeaways: ✔ APR is annual, so for shorter staking periods, you earn less ✔ The more tokens you stake, the higher your reward
The Great Crypto Caper Meet Haseeb, a young investor with a passion for cryptocurrency. One day, while scrolling through his phone, he stumbled upon a "get rich quick" scheme that promised astronomical returns on his crypto investments. Haseeb couldn't resist the temptation and decided to invest a small portion of his portfolio. He spent hours setting up his account, researching the market, and making predictions. The next morning, Haseeb woke up to find that his investment had
The Crypto Enthusiast Who Tried to Mine Bitcoin with a Toaster Meet Nihal, a self-proclaimed crypto genius. Nihal had read one too many articles about Bitcoin mining and decided he was going to become the next big miner. There was just one problem: he didn’t have the budget for a fancy mining rig. But Nihal was resourceful—or so he thought. One day, while staring at his toaster, Nihal had a brilliant idea. “If a toaster generates heat, and mining rigs generate heat,
Cutest Missed Opportunity I’m a small trader with even smaller investments, but my passion for crypto is enormous. Every day, I’m glued to my screen, studying coins, analyzing charts, and obsessing over updates. But my favorite thing? Those **candles**—oh, the candles! I could stare at them for hours, watching them rise and fall, feeling like I’m decoding the secrets of the universe. Sometimes, I joke that I “melt” more than the candles themselves! 😄🤣 One night, I was d
𝐀 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐒𝐮𝐫𝐠𝐞 𝐀𝐡𝐞𝐚𝐝🌈™ February is shaping up to be an exciting month for memecoins, with tokens like #Floki and #Pepe others gaining significant attention. Historically, memecoins have seen surges during periods of increased market activity, and this month could be no different. As the crypto market heats up, traders are keeping a close eye on these high-volatility assets. 𝐖𝐡𝐲 𝐌𝐞𝐦𝐞𝐜𝐨𝐢𝐧𝐬 𝐂𝐨𝐮𝐥𝐝 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐏𝐫𝐢𝐜𝐞 𝐑𝐚𝐥𝐥𝐲 M
🚀 #AI #Write2Earn The Rise of AI in Crypto Trading 🤖📈 AI is revolutionizing the crypto space! From predictive analytics to automated trading bots, AI is helping traders make smarter, faster decisions. Are you leveraging AI tools in your trading strategy? Let’s discuss how technology is shaping the future of crypto!
The Binance Word of the Day (WOTD) program is a word-guessing game that helps users improve their crypto vocabulary and learn about market developments. Users can earn Binance Points by playing the game and can redeem them for rewards. How to play: Eligible users can play up to two WOTD games per day. To unlock the second game, users must share an article from the day on social media. How to earn rewards: Users who answer five questions correctly during an Activity Period are eligible to share
let these coins which you've bought get you 5$ profit, & then invest those profits into @pnut coin when @pnut market goes down. Then sell them and do the process daily repeatedly
Crypto_Newbiee
--
Suggest me a good signal to Turn my 6.50 Usdt to 10 Usdt. Only people which are good in crypto and in good in signal giving feild suggest me a future trade to turn them into 10$.
This year will be the era of hopes, hopes that will make difference and establish people in positive ways. These top coins could soar to new heights! $BTC $130,000 $ETH $8,000 $BNB $1,000 #Sol $500 #SUI: $12 #LINK: $100 #ADA: $4 #DOGE: $1 #XRP: $5 #DOT: $25 #ATRX: $1 Are you ready to seize the opportunity? This material is provided for educational and informational purposes solely. It should not be interpreted as financial counsel.