CryptoMediaClub
Wednesday, July 2, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Cardano Price Prediction: Analysts Predict Big Crash as Golden Cross Starts to Close 

06.06.2025
A A
0
118
VIEWS
ShareShare

A short-lived golden cross could invalidate a long-brewing bullish move, with a death cross during Thursday trading dampening the near-term Cardano price outlook.

A 10% weekly drop has caused the mid-term trend to dip below the long-term average—a technical shift that challenges ADA’s standing as one of the best cryptos to buy in June.

The altcoin market has broadly softened amid U.S. trade uncertainty, a cooling labor market, and Elon Musk’s warnings of a potential tariff-driven recession later this year.

According to Santiment data, this may just be a shakeout of weak hands as the Mean Coin Age (MCA) continues to rise—long-term holders are holding their bags.

Cardano mean coin age. Source: Santiment.
Cardano Mean Coin Age (MCA). Source: Santiment.

Cardano’s most committed holders continue to resist selling in the face of short-term volatility, strengthening support levels against the bearish trend.

Cardano Price Analysis: Are Long-Term Holders Right to Hold?

While the recent death cross between the 200EMA and 50EMA confirms that mid-term price action has weakened relative to the longer-term average, it may not be damning just yet.

SOL / USDT 1-day chart, falling wedge breakout. Source: TradingView, Binance.
SOL / USDT 1-day chart, falling wedge breakout. Source: TradingView, Binance.

A sharp green daily candle has preserved the broader falling wedge structure forming since late 2024, flipping its upper boundary from resistance to support despite the prevailing bearish trend.

With it, momentum indicators now show signs of recovery. The RSI has sharply reversed from oversold territory at 30 to 40, suggesting recent selling pressure may be exhausted.

More so, the MACD line has begun to flatten, leaving room for trend reversal into a bullish crossover above the signal line—a potential early bull signal.

Immediate resistance at $0.68 will be critical. Surpassing it would continue the falling wedge and fuel a move toward its $1.40 technical target—an upside of 110% from current levels.

Failure to break resistance would put pressure on a key support zone at $0.60. A drop below that level could force another wedge retest—losing it would invalidate the structure entirely.

In this case, the next key support lies 22% below current prices at $0.50.

The Solana Ecosystem Could Soon Take the Spotlight

Those who jumped to Cardano over alternative Layer-1s may be forced to reconsider as the Solana ecosystem finally addresses its biggest limitation: scalability.

The narrative has shifted with the arrival of Solaxy ($SOLX), Solana’s first-ever Layer-2 scaling solution.

Solana has long lacked this capability, limiting its DeFi and cross-chain use case—until now.

By processing transactions off-chain and finalizing them on Solana, Solaxy significantly reduces congestion and lowers transaction costs, while offering seamless interoperability across both blockchains.

With almost $45 million in its ongoing presale, investors are already rallying behind the project. When demand for altcoins returns, it could be the one to reap fresh Solana ecosystem liquidity.

There are just under 10 days before this phase ends, unlocking the untapped demand of exchanges.

You can keep up with Solaxy on X and Telegram, or join the presale on the Solaxy website.

The post Cardano Price Prediction: Analysts Predict Big Crash as Golden Cross Starts to Close appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M – ETH $2200 Crash or $2800 Breakout Incoming?
All news

Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M – ETH $2200 Crash or $2800 Breakout Incoming?

01.07.2025
0

The Ethereum ecosystem is facing a key inflection point, as the Ethereum Foundation has transferred $32 million worth of ETH...

Read moreDetails
WzrdBot Launches Next-Generation Automated Trading Platform to Help Crypto Traders Secure Consistent Profits in Unpredictable Markets

WzrdBot Launches Next-Generation Automated Trading Platform to Help Crypto Traders Secure Consistent Profits in Unpredictable Markets

01.07.2025
Why Plugging OpenAI into DeFi Isn’t Enough

Why Plugging OpenAI into DeFi Isn’t Enough

01.07.2025
Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

01.07.2025
Chainlink Launches Universal Solution for On-Chain Compliance Automation

Chainlink Launches Universal Solution for On-Chain Compliance Automation

01.07.2025
Load More
Next Post
Crypto Firm Gemini Files Confidentially for IPO in the US – Here’s What We Know

Crypto Firm Gemini Files Confidentially for IPO in the US – Here’s What We Know

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

10,000% Gains Lure Dogecoin Holders to This New Project

10,000% Gains Lure Dogecoin Holders to This New Project

8 months ago
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution

House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution

1 year ago
Bitcoin Halving 2024: What It Means and When It Will Happen

Bitcoin Halving 2024: What It Means and When It Will Happen

8 months ago
Polygon (MATIC) rally comes to an end as competitors devour market share

Polygon (MATIC) rally comes to an end as competitors devour market share

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars

WzrdBot Launches Next-Generation Automated Trading Platform to Help Crypto Traders Secure Consistent Profits in Unpredictable Markets

Why Plugging OpenAI into DeFi Isn’t Enough

Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

Chainlink Launches Universal Solution for On-Chain Compliance Automation

American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

Trending

Bitcoin dips to $105k on Q3 open despite record monthly close
Analysis

Bitcoin dips to $105k on Q3 open despite record monthly close

02.07.2025
0

The crypto market saw significant declines on July 1 despite Bitcoin’s record monthly close the day prior...

Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M – ETH $2200 Crash or $2800 Breakout Incoming?

Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M – ETH $2200 Crash or $2800 Breakout Incoming?

01.07.2025
Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

01.07.2025
Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars

Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars

01.07.2025
WzrdBot Launches Next-Generation Automated Trading Platform to Help Crypto Traders Secure Consistent Profits in Unpredictable Markets

WzrdBot Launches Next-Generation Automated Trading Platform to Help Crypto Traders Secure Consistent Profits in Unpredictable Markets

01.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz