Kategorie: Crypto Analysis

• Technicals suggest a possible May breakout to $0.80.
• 2025 forecast shows ADA could reach $1.4045.
• Analysts offer varied 2025 targets, up to $2.62.

Cardano (ADA) is gaining renewed market traction, with its price rising 3.87% in 24 hours to $0.66.

This uptick comes amid broader market consolidation, positioning ADA among the top-performing altcoins of the day.

Source: CoinMarketCap

Backed by sustained developer activity, new integrations, and a robust roadmap, Cardano is once again drawing investor attention.

With key upgrades in the pipeline and Fiat Utility expanding, ADA’s long-term price projections suggest consistent growth through to 2030.

Analysts remain divided on short-term resistance levels, but overall sentiment leans optimistic as the altcoin season approaches and network improvements continue to roll out.

Strong on-chain activity and higher developer engagement levels further contribute to the case for Cardano’s price recovery.

ADA gains real-world utility

Cardano’s recent integration with Mastercard and crypto exchange Kraken now allows ADA to convert directly to fiat at millions of retail outlets.

This gives the token real-world spendability, which enhances its practical use case compared to many altcoins.

The network continues to focus on compliance and institutional readiness, aided by the long-awaited Leios upgrade, which is expected to significantly improve scalability.

The upgrade, in development for over six years, addresses throughput limitations and strengthens Cardano’s position in the broader blockchain ecosystem.

May 2025 price setup

On the technical side, ADA is trading above its 9-day simple moving average.

The RSI sits near 58, suggesting modest bullish momentum without nearing overbought conditions. A small ascending triangle pattern is forming on the charts, hinting at a possible breakout.

Resistance sits at $0.78. If that barrier is breached, ADA could retest the $0.80 mark in May. On the downside, $0.67 provides short-term support.

A drop below this could push the price back to $0.62. Current analysis suggests an average trading range between $0.70 and $0.75 for the month.

Long-term targets to 2030

Cardano’s projected growth through 2025 and beyond is underpinned by its roadmap and rising adoption.

For 2025, ADA could climb as high as $1.4045, with an average price of $0.8778.

A more conservative view puts the lower bound around $0.3511.

In 2026, the token may trade between $2.76 and $3.30, with the average pegged at $3.03.

By 2027, ADA could reach a high of $5.03. In 2028 and 2029, average prices are forecast to hit $5.51 and $7.235, respectively.

Looking ahead to 2030, Cardano is expected to reach between $9.12 and $10.32.

These forecasts assume successful implementation of the Leios upgrade, increasing adoption, and favourable market conditions.

Continued ecosystem development, such as DeFi growth and new partnerships, may also serve as catalysts.

Analyst estimates vary

Forecasts from leading platforms present a wide range of targets.

Changelly predicts ADA could hit $1.12 in 2025, while Coincodex sees a higher upside at $2.23.

Binance’s estimate is more modest at $0.93.

Each platform uses different assumptions, from technical indicators to adoption timelines, explaining the variation.

However, most forecasts suggest a steady upward trajectory.

The post Cardano price forecast 2025–2030: Is ADA set to surpass $10 by the end of the decade? appeared first on CoinJournal.

• PBOC cuts rates, trims mortgage costs.
• Trade talks between US and China scheduled.
• Markets await FOMC guidance on policy shift.

Bitcoin surged past $97,000 on Wednesday before settling above $96,000, as a confluence of global monetary moves stirred markets ahead of the Federal Reserve’s policy announcement.

The cryptocurrency’s rally came hours after China injected $138 billion into its economy through a broad stimulus package and the US central bank made back-to-back Treasury purchases totalling $34.8 billion.

These developments, combined with renewed China-US trade talks, have raised speculation of a return to quantitative easing, shifting global investor sentiment towards risk-on assets like crypto.

China injects liquidity and cuts interest rates

At a press conference hosted by the State Council Information Office, People’s Bank of China Governor Pan Gongsheng announced a 0.5 percentage point cut in the reserve requirement ratio (RRR), freeing up 1 trillion yuan (~$138 billion) in long-term liquidity.

This measure was paired with a 10 basis point cut to the key policy interest rate and a reduction in the seven-day reverse repo rate from 1.5% to 1.4%.

The stimulus package also included a 500 billion yuan re-lending facility aimed at supporting elderly care and domestic consumption.

In addition, mortgage rates were trimmed and reserve requirements for auto financing companies were eased.

These steps are intended to counter weakening domestic demand and support the slowing property sector.

The timing of the announcement was critical. It came just before the US confirmed that Treasury Secretary Scott Bessent would meet Chinese Vice Premier He Lifeng in Switzerland on May 10 and 11.

The upcoming summit marks the first official trade talks since President Trump raised tariffs on Chinese imports to 145%.

Bitcoin and S&P 500 react to global easing signals

Markets responded immediately to the dual headlines of stimulus and diplomacy.

According to The Kobeissi Letter, S&P 500 futures climbed more than 1%, while Bitcoin jumped above $97,000.

The cryptocurrency’s gains were tempered later in the day, with BTC trading at $96,911 at the time of writing, up 2.93% in the past 24 hours.

Source: CoinMarketCap

Gold also rallied strongly, nearing all-time highs at $3,437.60 per ounce, showing a 28.84% year-to-date increase.

The precious metal’s gains suggest investors are positioning for uncertainty ahead of the Federal Reserve’s Federal Open Market Committee (FOMC) statement.

Fed’s bond purchases trigger QE speculation

Adding to the market momentum, the Federal Reserve quietly purchased $34.8 billion in Treasury securities across two days. On May 5, it acquired $20 billion in 3-year notes, followed by a $14.8 billion buy in 10-year bonds on May 6.

These moves were made without any formal announcement of a policy shift.

The scale and speed of the purchases have fuelled speculation that the Fed is testing the waters for a return to quantitative easing.

This follows months of cautious guidance from Chair Jerome Powell, who had maintained that further tightening or balance sheet reductions were possible depending on inflation trends.

Arthur Hayes, former BitMEX CEO, suggested in a recent column that these actions could propel Bitcoin to $250,000 by the end of 2025, should QE formally resume.

However, other analysts remain sceptical, noting the absence of systemic financial stress that would typically justify such action.

Eyes on the Fed as markets wait for clarity

The FOMC meeting later today will be closely watched for signals on the Fed’s policy stance.

A dovish pivot could help Bitcoin establish stronger support above $97,000, while a more hawkish tone may lead to increased volatility.

Investors remain cautious but alert, with global central bank coordination and renewed trade diplomacy hinting at deeper macro shifts.

Whether Bitcoin maintains its upward trajectory depends largely on what message the Fed sends in the coming hours.

The post Bitcoin hits $97K as China injects $138B and Fed ramps bond purchases appeared first on CoinJournal.

• PumpFun has surpassed Ethereum in yearly fees.
• Solana price may drop to $112 amid bearish signals.
• In the long term, SOL could hit $200-$300, buoyed by the growing Solana ecosystem.

Solana price prediction has taken centre stage as the cryptocurrency staunchly defends the $140 support level, propelled by the extraordinary success of its meme coin launchpad, PumpFun.

This platform’s recent milestone of surpassing Ethereum in yearly fees, raking in $294 million against Ethereum’s $249 million, highlights a surge in Solana’s network activity that could significantly influence SOL’s future value.

The meteoric rise of PumpFun, a platform designed for fair token launches without presales or team allocations, showcases Solana’s growing ecosystem and its appeal to traders seeking high-volume opportunities.

As Solana outpaces other blockchains in revenue generation, investors are keenly watching whether SOL can shatter its current resistance and soar to new heights.

PumpFun’s rise and its impact on Solana

By eclipsing Ethereum, PumpFun underscores Solana’s scalability and cost-effective transactions, making it a magnet for meme coin traders.

This launchpad, boasting a 24-hour transaction count of 10.41 million and a trading volume of $952.35 million according to GeckoTerminal, has emerged as a powerhouse for rapid-fire trading on the Solana network.

Top performers like LLJEFFY, stickman, and Fartcoin have fueled this momentum, achieving impressive market caps and trading volumes that reflect Solana’s bustling activity.

Beyond a passing craze, PumpFun’s success signals a deeper shift, with Solana’s infrastructure proving ideal for decentralised applications (DApps) and trading platforms.

In April alone, Solana’s DApps amassed over $162 million in revenue, a clear sign of a thriving ecosystem poised to rival giants like Ethereum.

As PumpFun continues to draw users and generate substantial fees, it cements Solana’s status as a top-tier blockchain for high-throughput applications.

This heightened adoption and investment could propel Solana’s network value, setting the stage for a bullish Solana price prediction in the months ahead.

Solana price forecast

Short-term Solana price prediction is bearish, with the Moving Average Convergence Divergence (MACD) indicator hinting at a bearish crossover and the Relative Strength Index (RSI) showing higher lows that suggest shifting momentum.

Should SOL slip below the $140 support, a drop to $112, historically a strong buying zone, could be on the horizon.

However, the robust ecosystem growth, driven by PumpFun’s dominance and soaring revenue, lays a sturdy groundwork for a potential price recovery.

Looking further out, analysts remain upbeat about Solana’s price prediction, targeting a break above $180 as a springboard to $200 or even $300.

The weekly CMF indicator’s bullish divergence and a softening MACD selling pressure bolster this long-term optimism.

A recovery in trading volume, paired with SOL re-entering its rising parallel channel, could ignite a significant rally, outstripping other leading cryptocurrencies.

Solana’s recent fix of a confidential transfers vulnerability, resolved discreetly with zero-knowledge proofs, enhances its reputation as a resilient network.

This swift response to a critical issue, while exposing the complexities of decentralised updates, ultimately strengthens investor trust in Solana’s future.

With PumpFun’s ongoing success and potential Layer 2 innovations on the horizon, Solana price prediction leans bullish, positioning SOL as a prime contender for investors eyeing the next blockchain breakthrough.

The post Solana price prediction: Can SOL rally as Pump.fun tops Ethereum in annual fees? appeared first on CoinJournal.

• RSI stands at 44.62.
• Balance of Power indicator returns a negative reading of -0.23.
• Next key support is at $0.150; resistance stands at $0.185.

Hedera’s native token, HBAR is showing signs of intensifying bearish momentum, as technical indicators like the Relative Strength Index (RSI) and Balance of Power (BoP) suggest a growing dominance of sellers in the market.

The token’s price has dropped 3.4% in the past week, now trading at $0.1703, down from its April high of $0.1747.

This slide has left HBAR struggling to stay above key support levels, with the RSI reading at a concerning 44.62 on the one-day chart.

Source: CoinMarketCap

The RSI, a key momentum indicator used to assess whether a cryptocurrency is overbought or oversold, operates on a scale from 0 to 100. An RSI value below 50 typically reflects weakening price momentum.

In HBAR’s case, its RSI falling below the neutral 50 mark and trending downwards signals mounting selling pressure.

Unless there is a strong upward move, the current trend may reinforce further declines.

Balance of power reading turns negative

In addition to the RSI, HBAR’s Balance of Power indicator has turned negative, with a reading of -0.23 as of the latest data.

The BoP compares the relative strength of buyers and sellers over a defined time frame.

A negative BoP reading means that sellers are currently more dominant, potentially weighing further on HBAR’s price in the coming days.

When BoP remains in negative territory during a downtrend, it reflects continued bearish sentiment across the market.

Combined with HBAR’s underperformance across other indicators, this suggests buyers are currently sidelined and may require a strong trigger, such as a market-wide rally or major development on the Hedera network, to regain momentum.

Price trades below the key trend line

HBAR has also fallen below a descending trend line, reinforcing the bearish setup.

A descending trend line is drawn by connecting lower highs over a period, indicating consistent downward pressure on price.

If HBAR fails to breach this line to the upside, the trend may remain in place.

This formation has kept the token locked in a downward channel for several weeks.

As long as price action remains below the trend line, technical traders may view this as a signal to sell or short the asset.

Should the decline continue, the next key support level lies near $0.150.

A breakdown below this level could pave the way for further losses unless strong demand re-emerges.

What HBAR needs for recovery

While the technical picture remains weak, a few factors could help shift momentum in HBAR’s favour.

A break above the descending trend line, if accompanied by increased volume, could initiate a reversal and allow the token to target a recovery toward $0.185.

This level represents a key resistance area, previously tested in late April.

For that to happen, however, HBAR needs to see renewed investor interest, either from positive developments in the Hedera ecosystem or a broader recovery in the altcoin market.

Without a meaningful catalyst, the token’s momentum indicators continue to suggest bearish conditions in the short term.

The post HBAR price dips 3.4% as RSI and BoP indicators point to increased selling pressure appeared first on CoinJournal.

• The Mantra (OM) token has fallen below $0.40, with RSI at 17.18, signalling oversold conditions.
• 300M OM tokens are scheduled for burning to curb supply, but price recovery remains elusive.
• The Mantra team also plans governance reforms to restore trust, though volatility persists.

The Mantra protocol’s native token, OM, has plunged below $0.40, igniting speculation about a potential rebound as its Relative Strength Index (RSI) drops to an oversold level of 17.18.

This steep decline follows a dramatic crash in April 2025, erasing billions in market capitalisation and shaking investor confidence.

With technical indicators flashing extreme bearish signals and the MANTRA team implementing token burns and governance reforms, the question looms: can OM recover, or is further downside inevitable?

A catastrophic OM token crash and lingering fallout

On April 13, 2025, MANTRA’s OM token plummeted from $6.30 to $0.37 in mere hours.

The collapse slashed the project’s market capitalisation from $6 billion to under $700 million.

Attributed to forced liquidations during low-liquidity weekend trading, the crash sparked rumours of exchange involvement, which the team swiftly denied.

CEO John Mullin released on-chain data to counter claims of insider selling, confirming that team-held tokens remained locked.

In response to the crisis, MANTRA’s leadership took decisive action to curb selling pressure.

CEO John Mullin burned 150 million staked OM tokens from the team’s allocation on April 29, 2025.

An additional 150 million tokens from ecosystem partners are slated for destruction, totalling 300 million OM—roughly 16.5% of the total supply.

This significant reduction aims to tighten supply and bolster investor confidence.

However, the market has yet to respond, with OM lingering below key technical thresholds, suggesting scepticism persists.

Beyond token burns, MANTRA’s team is pursuing structural changes to rebuild trust.

Plans for decentralising validators and upgrading governance aim to enhance the protocol’s resilience and transparency.

These initiatives, while promising, require time to materialise and may not immediately impact price action.

Despite these efforts, investor trust remains fragile, with OM struggling to regain footing.

Market participants remain cautious, with volatility dominating OM’s short-term outlook.

The success of the introduced reforms could determine whether MANTRA regains its former stature or continues to falter.

Technical indicators show the OM token is in an oversold region

From a technical analysis point of view, MANTRA’s price now sits well below its 20-day EMA of $0.51 and 50-day EMA of $0.74, underscoring a pronounced bearish trend.

However, the daily Relative Strength Index (RSI), at 17.01, marks one of the lowest levels since the April crash, indicating extreme oversold conditions.

Historically, RSI readings below 20 often precede relief rallies, as buyers capitalise on perceived undervaluation.

In addition, the MACD has turned bullish with a crossover and the histogram moving above the zero line.

If buying momentum emerges, OM could target the $0.42 resistance, with a break above $0.54 signalling stronger bullish confirmation.

Conversely, failure to hold the $0.37 support risks a slide to $0.30, potentially deepening panic selling.

Can Mantra price stage a comeback?

The convergence of an oversold RSI, significant token burns, and planned protocol upgrades creates a complex outlook for MANTRA.

While technical indicators hint at a possible relief bounce, sustained recovery hinges on restored investor confidence.

The $0.42–$0.54 price range will be critical for bulls to reclaim, while a drop below $0.37 could intensify bearish sentiment.

As MANTRA navigates this turbulent period, its ability to execute on promised reforms and stabilise price action will shape its path forward.

For now, traders watch closely, weighing the potential for a rebound against the risk of further declines.

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