OFFICIAL TRUMP Shaking the Market Heavily—Will Cardano & Ethereum Reach New ATHs Now?

By ETHNews
1 day ago
ETH MAGA MAGA TRUMP TRUMP

Recent developments have caught the attention of the cryptocurrency market, causing investors to speculate on the future of major coins like Ethereum and Cardano. The potential for these cryptocurrencies to reach new all-time highs is a topic of keen interest. Market dynamics and investor sentiment are playing significant roles in shaping the trajectories of these digital assets. According to ChangeNOW, transaction volumes for ETH and ADA have surged, indicating increased investor activity.

Bullish Momentum Propels OFFICIAL TRUMP (TRUMP) to New Heights

OFFICIAL TRUMP (TRUMP) has experienced a significant surge in price recently. Over the past 24 hours, its value ranged from $4.29 to $32.61, indicating strong upward movement. Over the last few days, the price fluctuated between $6.54 and $32.13. TRUMP has already soared by over 500% and continues its bullish pattern. With a market cap exceeding $5 billion and a 24-hour trading volume surpassing $10 billion, bullish trends are influencing the market. Current momentum suggests the potential for further growth in OFFICIAL TRUMP (TRUMP), and it could reach new highs following a potential Binance listing. 

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Ethereum Nears Oversold Levels Amid Potential for Rebound

Ethereum has been trading between $3035 and $3620, experiencing a monthly decline of nearly 10%. Technical indicators suggest possible oversold conditions, with RSI around 39 and the Stochastic oscillator near 23. The MACD level is negative, indicating bearish momentum that may be slowing. If bullish sentiment returns, Ethereum could rise toward the nearest resistance at $3975, representing a potential increase of about 20% from current levels. With the price close to key support at $2803.99, some analysts speculate that the market may be poised for a rebound.

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Cardano Gains 14%, Eyes Next Resistance at $1.27 Amid Bullish Signs

Cardano’s price increased by 14% in the past week, reaching $0.85 to $1.12. This suggests bulls are gaining momentum. The Stochastic indicator at 17.80 shows oversold conditions, potentially leading to further growth. The next resistance levels are $1.27 and $1.54; breaking these could push the price higher. The six-month price change of 137% highlights strong long-term growth. With both the 10-day and 100-day simple moving averages at $1.07, the trend appears favorable. The current setup seems positive for purchasing Cardano, which can be done on ChangeNOW with no registration and no hidden fees.

Conclusion

Cardano and Ethereum offer unique potential for investors and traders, especially amid the recent market shifts influenced by official announcements. Those considering investing in these coins might find ChangeNOW to be an excellent platform for transactions. It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a seamless and secure trading experience.

The post OFFICIAL TRUMP Shaking the Market Heavily—Will Cardano & Ethereum Reach New ATHs Now? appeared first on ETHNews.

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