Cardano (ADA) has experienced a major price surge, rallying 60% after struggling for six weeks in a downtrend.

The recent announcement of US President Donald Trump’s Crypto Reserve, which includes Cardano, acted as a key catalyst for this price movement, pushing ADA back above the $1 level for the first time in over a month.

Cardano Investors Recover Their Losses

The MVRV Long/Short Difference indicator shows a significant uptick, suggesting that the profit margins of long-term holders (LTHs) have surged. LTHs typically act as the foundation for any cryptocurrency’s price stability. When LTHs are profiting and choosing to hold rather than sell, it prevents price drops and instead supports price increases.

This behavior aligns with the recent price surge, as long-term holders are choosing to hold ADA, reinforcing the bullish momentum.

The increased LTH profits signify strong investor confidence in the asset’s long-term prospects. This, in turn, suggests the rally may be more than just a short-term price movement but rather the beginning of a more sustained uptrend.

The Relative Strength Index (RSI) for Cardano has entered the overbought zone, which is traditionally a bearish sign indicating potential price reversals. However, historical data on ADA reveals that a rise into the overbought zone has often signaled the continuation of upward momentum, not a reversal. This suggests that despite the overbought indication, Cardano could still continue its rally.

Given that previous instances of RSI entering overbought territory have led to price increases for ADA, the current scenario indicates that Cardano may continue to rise. This momentum, if sustained, could drive ADA to further highs despite the typical bearish nature of overbought conditions.

ADA Price Is Rallying

At the time of writing, Cardano’s price is up 60%, trading at $1.06. This marks a significant recovery after the altcoin had struggled below the $1 mark for six weeks. The price increase is a direct result of the market’s reaction to Trump’s announcement, with ADA making a strong push above $1. This level is crucial as it marks a psychological threshold for both traders and investors.

The breakout above the $1 barrier is a sign that ADA may be gearing up for further rallies. For Cardano to maintain its upward momentum, it needs to secure $1.00 as a reliable support level. A failure to hold this level could lead to a loss of momentum and a return to lower price levels. 

If Cardano fails to maintain support at $1.00, it could fall back toward the next key support level at $0.85. This would invalidate the current bullish outlook and set back the potential recovery. However, maintaining support at $1.00 would solidify the rally and pave the way for further price increases.

Chinese authorities have warned about a criminal group that defrauded investors by posing as developers of a DeepSeek blockchain project.

The scammers falsely claimed their platform was built using DeepSeek technology, promoting it as a secure and efficient investment opportunity.

DeepSeek Crypto Scams Are Targeting Chinese Users

DeepSeek gained attention in January after its artificial intelligence model reportedly matched OpenAI’s performance on specific benchmarks at a lower cost.

According to the Chinese government, this hype attracted investors eager to capitalize on its potential. Fraudsters exploited this momentum, launching crowdfunding campaigns before vanishing with the funds.

The authorities revealed that victims were misled into thinking they could make over 10,000 yuan ($1,373) per month using DeepSeek.

The Scammers sold a tutorial for 39.9 yuan ($5.5), claiming it would teach users how to write viral content. However, only four out of 104 pages contained relevant material, while the rest was publicly available information.

In another scheme, fraudsters set up fake “monetization training camps,” charging between 299 yuan ($41) and 399 yuan ($55) for courses that turned out to be worthless.

The deception extended further when scammers created fake DeepSeek communities, presenting them as official groups.

They promoted “internal test qualifications” and “advanced courses,” later introducing DeepSeekCoin—a fake cryptocurrency they claimed had strong technical backing. This lured investors who eventually lost all their funds.

In January, DeepSeek distanced itself from crypto tokens which falsely associated with its name.

“DeepSeek has not issued any cryptocurrency. Currently, there is only one official account on the Twitter platform. We will not contact anyone through other accounts,” the project stated.

Fake DeepSeek Apps Spreading Malware

Beyond financial fraud, authorities have raised concerns about a rise in fake DeepSeek applications embedded with malware.

According to the authorities, cybercriminals have been distributing malicious software disguised as DeepSeek apps under various names, including DeepSeek.apk, DeepSeek.exe, DeepSeek.msi, and DeepSeek.dmg. These applications pose serious security risks and compromise users’ private data.

Once installed, these fake apps prompt users to download an update embedded with harmful code. The malware then accesses system features, allowing it to steal sensitive information such as contacts and messages.

In some cases, the malicious code prevents users from uninstalling the app, making it difficult to remove.

The authorities warn that as artificial intelligence applications like DeepSeek become more popular, similar scams will likely increase.

“It is expected that in the future, virus Trojans of various artificial intelligence applications, including impersonation of DeepSeek, will increase,” the Chinese authorities stated.

So, users are advised to verify sources before engaging with AI-related investment opportunities and to remain cautious of suspicious applications that may pose security threats.

XRP has experienced a sharp uptick in price following a significant announcement by former President Donald Trump. The altcoin saw a 30% price increase in the past few hours, driven by Trump’s declaration of a “US Crypto Reserve,” which includes XRP. 

This has sparked massive interest and buying activity, pushing the price of the token to new heights.

XRP Investors Are Suddenly Optimistic

The Price DAA Divergence (PDA) is currently signaling a buy for XRP, as both the price and the participation from investors have risen. The uptick in active addresses indicates that more individuals are entering the market, increasing interest in the token. This is a positive sign for XRP’s price, as growing participation typically signals confidence from investors, further driving the price upward.

This increase in participation comes alongside a surge in market activity, which is often a precursor to a longer-term price rise. The inclusion of XRP in Trump’s proposed reserve has undoubtedly added a sense of legitimacy, helping to build investor confidence.

The Chaikin Money Flow (CMF) indicator is also confirming the positive market sentiment surrounding XRP. The CMF is showing a sharp increase, which suggests that investors are loading up on XRP. This rise is likely due to Trump’s announcement, which has given the altcoin a significant boost in inflows. As the CMF continues to rise, it reinforces the bullish trend, suggesting that the price of XRP could continue to see upward movement.

The uptick in CMF indicates growing demand for XRP, with increased buying activity likely pushing the price higher. The continued support of investors, driven by both the announcement and the improving market sentiment, suggests that XRP is well-positioned for further growth.

XRP Rises Sharply

At the time of writing, XRP is trading at $2.79, marking a 30% increase over the past 24 hours. The bullish factors driving this rally are bringing XRP close to breaching the $2.95 resistance. Should this level be broken, XRP could make its way upwards to $3.00, setting the stage for further gains.

If the price continues to push through this resistance, XRP might test its all-time high (ATH) of $3.40. A breach of this level would mark a new ATH, signaling further upward movement for the altcoin. Such a development could lead to even greater investor interest and possibly new records for XRP.

However, if the rally slows and investors begin to take profits following the recent surge, XRP may face difficulties breaching the $2.95 resistance. In this case, the altcoin could fall back below $2.70, potentially halting the bullish momentum for now. This would signify a short-term consolidation before any further price movements occur.