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Cardano (ADA) is getting the “2020 blastoff” treatment again — at least if you ask Quantum Ascend, a technical analyst on X who says the chart is starting to rhyme with the setup that preceded ADA’s last major run. In a Dec. 13 video shared on X, Quantum Ascend (@quantum_ascend) told followers he’s been working through a longer-term weekly count and thinks the market may be grinding toward the end of a drawn-out corrective structure. The punchline: a “conservative” target zone around $4.88–$5.50, and a “primary” bull-run target of $10.40.…
Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave above $2,980. Ethereum started a fresh decline from the $3,175 zone. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,920 zone. Ethereum Price Dips 5% Ethereum price failed to stay above…
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The US Senate Banking Committee has postponed markup hearings on crypto market structure legislation until 2026, despite earlier hopes for a hearing this week. In a statement on Monday, a spokesperson for Senate Banking Committee chair Tim Scott confirmed that the committee will not hold a market structure markup this year. “Chairman Scott and the Senate Banking Committee have made strong progress with Democratic counterparts on bipartisan digital asset market structure legislation,” the spokesperson said. They added that Chairman Scott had been clear that the effort should be bipartisan. “He…
Bitcoin price corrected gains and traded below the $88,000 support zone. BTC is now consolidating and might struggle to clear the $88,500 zone. Bitcoin started a fresh decline from the $90,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $85,000 zone. Bitcoin Price Dips Further Bitcoin price failed to…
US President Donald Trump says he will review the case of convicted Samourai Wallet developer Keonne Rodriguez, hinting he will explore the possibility of a pardon. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison on charges stemming from their involvement in the crypto mixing protocol. “I’ve heard about it, I’ll look at it,” Trump said when asked about the case at a press conference about the Mexican border at the White House on Monday. “Okay, let’s take a…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ran breaks down what really happened in the high-stakes meeting between President Trump and China’s Xi and how it could shake global markets. He also covers the aftermath of the FOMC meeting, the current state of Bitcoin and the crypto market, and a heated message from Fed Chair Powell to President Trump that’s stirring major debate. Don’t miss this full breakdown! ___________________________________________ 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗢𝗡 𝗧𝗛𝗜𝗦 𝗦𝗛𝗢𝗪! ⬇⬇⬇⬇⬇⬇ 🟦 𝗕𝗜𝗧𝗙𝗨𝗡𝗗𝗘𝗗 – 𝗧𝗵𝗲 𝗘𝗮𝘀𝗶𝗲𝘀𝘁 𝗣𝗹𝗮𝗰𝗲 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗙𝘂𝗻𝗱𝗲𝗱 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼! ✅ Purchase…
A cryptocurrency analyst has pointed out how Cardano has formed a technical analysis (TA) signal on its weekly chart that last led into a major price drawdown. Cardano SuperTrend Has Flipped Bearish In a new post on X, analyst Ali Martinez has talked about a signal that has appeared in the SuperTrend of Cardano. The “SuperTrend” refers to a TA indicator that’s generally used for determining whether a given asset is following a bearish or bullish trend. It’s built using the Average True Range (ATR), another TA indicator that measures…
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