Altcoin
Cardano Price Eyes 50% Surge To $1.12 After This Bullish Breakout
Cardano price is approaching a key technical level that could trigger a breakout toward higher levels. Currently trading at $0.73, the top altcoin is moving closer to the apex of a symmetrical triangle pattern that has developed over several weeks. Technical analysis points to a potential breakout that may lead to a move toward the $1.1278 mark, representing a possible 50.95% increase from the breakout point.
Cardano Price Nears Key Breakout Level; Targets $1.1278
According to analyst Trendxinc, the Cardano price is approaching a critical resistance near $0.80. A daily close above this level may confirm a breakout from the symmetrical triangle pattern forming on the daily chart. The structure has been developing over several weeks, marked by lower highs and higher lows.
Trendxinc’s analysis suggests that a breakout from this triangle could propel the Cardano price toward $1.1278. This level aligns with historical resistance zones. If the breakout is supported by strong volume, it may confirm trend continuation. Price consolidation in a tight range has created a build-up of momentum.
Additionally, technical charts show that a sustained move above $0.80 may trigger follow-through buying. The pattern signals potential for a directional move. Volume confirmation is essential, as breakouts without strong volume may reverse quickly and fail to sustain the altcoin rally. A retest of the breakout zone could occur before a continued upward move.
Meanwhile, ADA whale movements, with over 240 million tokens accumulated, reflect growing confidence in a potential price surge. This strategic buying, combined with long-term holder conviction, supports the case for a continued upward trend toward $0.85.
Bullish Flag Pattern Signals Continued Strength
Moreover, analyst Lucky Luciano identified a bullish flag on Cardano price charts. The flag pattern follows a strong uptrend and is defined by a downward-sloping channel. This structure generally precedes trend continuation when resolved to the upside.
Luciano’s analysis points to resistance near the upper channel boundary. Previous attempts to break above this level have failed. However, current momentum and volume suggest the top altcoin may now be positioned for a stronger attempt. If successful, the next potential ADA price target is around $1.30.
Luciano mentioned that the altcoin could reach $1.80 if momentum continues. The structure of the flag and its relation to past resistance levels provide traders with short- and mid-term targets. The Cardano price must maintain support and close above resistance to confirm this scenario.
Gambardello Draws Long-Term Parallel with Amazon
Meanwhile, market expert Dan Gambardello compared Cardano’s development to Amazon’s early growth phase. He referenced Amazon’s recovery after a deep decline during the dot-com era. According to Gambardello, the Cardano price movement resembles early Amazon charts in structure.
He noted that ADA is still far from its all-time high but continues to build a scalable ecosystem. The altcoin’s development approach is focused on long-term growth. This has kept Cardano price stable during broader market corrections.
Gambardello stated that macro conditions may support Cardano’s next growth phase. The comparison to Amazon is based on resilience, innovation, and long-term planning.
Similarly, a recent analysis supports ADA price prediction to the $1 mark, highlighting strong bullish momentum driven by increased whale activity and rising investor interest. Technical indicators align with this outlook, suggesting that the altcoin could reach $1 within the week.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Burger King is joining ranks with other leading brands to dabble in digital assets, hinting at a coin launch. According to a post on micro-blogging platform X, the fast-food chain may be inching toward the launch of Burger Coin.
Burger King Hints At Burger Koin Launch
Global fast-food chain Burger King has hinted at the potential launch of a cryptocurrency, joining the league of brands with native digital assets. The UK arm of the fast-food chain teased Burger Koin in an X post, seeking community opinion for the coin.
“Shall we make a crypto burger coin called Burger Koin?” wrote Burger King on X.
The tweet has triggered widespread reaction across the cryptoverse, fuelling speculation for an imminent launch. Burger King’s tweet comes in the middle of a jarring market correction, with assets shedding their values.
While the tweet did not share further details, pundits are speculating over the direction of Burger Koin. A majority of analysts say Burger King’s crypto will come retrofitted with utility for holders. Burger Koin may be used for governance use cases, allowing holders to vote on new recipes while offering discounts and staking functionalities.
Since the tweet went live, several copycat tokens have garnered steam in the absence of further statements by the fast-food chain
Burger Koin May Operate As A Memecoin
Chances are that Burger King’s Burger Koin may take the form of a memecoin if the fast-food chain proceeds to launch. Pundits say that a memecoin with a streak of utility will be the best option for Burger Coin, given its vibrant community.
The recent declaration by the US SEC that memecoins are not securities may play a role in Burger King’s choice. Back in 2017, the Russian arm of the fast-food chain launched WhooperCoin as a part of a loyalty program for customers.
Burger King is no stranger to digital assets as it partnered with Robinhood to give out Dogecoin (DOGE) via sweepstakes. The fast-food chain has dabbled with NFTs after its brush with memecoins. Despite their soaring popularity Cathie Woods says memecoins will be worthless in the future since they have no intrinsic value.
Aliyu Pokima
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The negative sentiment in the digital currency ecosystem is finally reflected in the Pepe Coin market. According to Lookonchain’s update, one of the memecoin’s whales has initiated a massive selloff. This selloff has further compounded the bearish outlook of the token, further dampening the outlook around the memecoin.
PEPE Whale Selloff, Key Implications
Per the Lookonchain update on X, the PEPE OG sold 150,000,000,000 tokens worth over $1.14 million in early trading. The analytics platform noted that this OG entered the PEPE market earlier. The whale reportedly spent only $2,184 to buy 1.5 trillion PEPE, valued at over $43 million at the peak.
This whale has sold off 1.02 trillion PEPE thus far for $6.66 million. Onchain records show he still has 493 billion PEPE of the original stash. This leftover is worth $3.64 million, representing a total profit of $10.3 million or 4,718x.
A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago.
This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage.
He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi
— Lookonchain (@lookonchain) March 29, 2025
Whales selling off an asset is typically not a vote of confidence for the digital currency. This selloff is not uncommon to memecoins, and for PEPE, this may further dampen the negative outlook of the token.
PEPE Coin Price Outlook
Earlier this week, CoinGape reported a 500 billion PEPE accumulation by a whale, a move that many hoped could push the price up. However, the reverse is the case as Pepe Coin price is currently trading for $0.0000073, down 5.57% in past 24 hours.
Despite the broader market downturn, PEPE has come off as one of the biggest losers overall. Per the current setup, the token moved from a 24-hour high of $0.00000787 to its current price. While the token has maintained a marginal growth of 0.54% in the past 7-days, it has registered a 62% drawdown Year-to-Date (YTD).
It remains unknown how the current PEPE Coin outlook will play out. However, a halt in whale selloffs and a shift in the broader memecoin market fundamentals might fuel its recovery.
Crypto Market and Memecoin Rebound
The broader crypto market is down today, facing negative pressures from the economic uncertainty in the broader financial market.
Bitcoin has continued to weigh the altcoins down, explaining the PEPE-correlated selloff. Assets in the memecoin market, like Dogecoin and Shiba Inu, have also been down 5.58% and 3.3% in the past 24 hours.
With the weekend volatility, top assets might see more price drawdowns overall. Analysts are optimistic about BTC’s future recovery, which can have a ripple effect on the broader market.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Nearly a week ago, Donald Trump’s World Liberty Financial (WLFI) annnounced the launch of the USD1 stablecoin but the absence of a listing date continues to stump investors. However, an analyst says the stablecoin will make its debut on exchanges as early as April 1, baring any delays to stablecoin regulation in the US.
Expert Says USD1 Stablecoin Will List On April 1
Pseudonymous crypto analyst xHuai.eth took to X to predict a potential listing date for WLFI’s USD1 stablecoin. According to the analyst, the USD1 stablecoin may be available for trading as early as April 1 in line with industry conventions.
The analsyt disclosed that stablecoins are typically listed on exchanges within days of the annnouncement. WLFI announced the launch of the USD1 stablecoin on March 25 issued on Ethereum and Binance Smart Chain.
xHuai.eth disclosed that stablecoin listings on exchanges hinge on the completion of necessary technical steps. From the announcement, tapping Ehtereum, Binance Smart Chain, and Bitgo for custodial service indicates a completion of the technical steps.
Furthermore, xHuai.eth says that WLFI will be pressured to speed up listing processes to compete with USDT and USDC.
“With the announcement on March 25, the timeframe of March 31 to April 5 is reasonable,” said xHuai.eth. “April 1 is the most feasible date if there are no delays.”
Stablecoin Regulations May Affect The Listing Process
According to xHuai.eth’s analysis, incoming stablecoin regulation in the US will play a role in the USD1 stablecoin listing. The WLFI has previously mentioned that the launch on exchanges hinges on “regulatory approval” for stablecoins.
The US is hurtling toward stablecoin regulations with the GENIUS Act and STABLE Act piquing the interest of the White House. With authorities keen on expediting the passage of regulations, xHuai.eth argues the WLFI will move to list the USD1 stablecoin.
However, a delay in the regulatory process could lead to listing in late April, a scenario that xHuai.eth sees as unlikely. Authorities expect stablecoin regulation to go live in the US within two months driven by full support from the executive arm.
Following the release of the full draft of the STABLE Act, Sonic Labs is abandoning plans for an algorithmic stablecoin. Other issuers are positioning themselves to spearhead the government plans to maintain the dollar’s supremacy using stablecoins.
Aliyu Pokima
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance
Is Burger King Teasing Crypto Launch? Decoding Their X Post
XRP Falls 12% in a Week as Network Activity Declines
Pepe Coin Whale Sells 150 Billion Tokens, Price Fall Ahead?
ONDO Whales Retreat as Price Risks Dropping Below $0.70
8,000 Dormant Bitcoin Suddenly Move: What’s Next For The Market?
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market22 hours agoWhy Did MUBARAK Drop 40% Despite Binance Listing?
-
Altcoin22 hours agoAnalyst Reveals Bullishness On Ethereum Price At This Point, Can It Hit $4,000 Again?
-
Bitcoin19 hours agoIs Bitcoin About To Skyrocket Or Crash? What Truflation Says
-
Market19 hours agoXRP Price Eyes 20% Move With Golden Pocket Appearance
-
Altcoin19 hours agoChainlink Price Leads Altcoin Selloff, Where Is LINK Price Floor?
-
Market18 hours agoPi Network (PI) Drops Further Despite Telegram Wallet Deal
-
Market17 hours agoFDIC and CFTC Rescind Old Crypto Guidelines
-
Market23 hours agoCrypto Whales Bought These 3 Coins Recently
✓ Share: