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Fantom (FTM) Price Presents Early Buy Signals

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Fantom (FTM) price has been consolidating for some time now and could continue. This is because the altcoin has not seen any strong directional bias in weeks.

However, a buy signal currently appears on the on-chain metrics, which could help FTM escape consolidation.

Buy Singlas Pop Up for Fantom

Fantom‘s price trading above $0.63 is a good sign that the altcoin is safe from diving further, as supported by the Moving Average Convergence Divergence (MACD). This technical analysis tool measures the relationship between two moving averages of an asset’s price. It provides insight into its momentum and potential buy or sell signals. 

During recovery moments, the indicator line (blue) crosses over the signal line (red), confirming a bullish crossover. This is the expected outcome as these lines are inching closer. Once this happens, the Fantom’s price will be eligible for an increase.

Fantom MACD.
Fantom MACD. Source: TradingView

Fantom also shows a divergence in the price daily active addresses (DAA) indicator. This can be seen as a buy signal, suggesting an ideal accumulation zone.

This metric is used in cryptocurrency analysis to assess the relationship between an asset’s price and the number of active addresses transacting on its network. It indicates potential discrepancies between market valuation and network usage trends.

Whenever the price of an asset rises and participation decreases, a sell signal can be observed. Conversely, increasing participation and declining prices issue a buy signal, which is the case with FTM presently. If investors opt to make the most of this opportunity and stock up on FTM supply, it could see some recovery soon.

Fantom Price DAA Divergence. Source: Santiment

FTM Price Prediction: Rebound

At $0.67 at the time of writing, Fantom’s price maintains its presence above the key support of $0.63. This support line has been tested numerous times this year and remained unbroken since early March.

Such is the case with the resistance block of $0.79 and $0.88 as well. This block has been tested as support and resistance and is usually difficult to breach through or below. 

Even if FTM does manage to post a rally in the next few trading sessions, it will halt the rise at $0.79, which is the lower limit of the resistance block. From there on, it is unclear whether to breach $0.80 or fail to do so.

Read More: Fantom (FTM) Price Prediction 2024/2025/2030

Fantom Price Analysis.
Fantom Price Analysis. Source: TradingView

However, if the support of $0.63 is broken, Fantom’s price could note a considerable drawdown. Falling to $0.55 and below would invalidate the bullish thesis, enabling FTM to note further losses.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Uptrend Resumes After A Healthy Pullback

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After a brief yet necessary cooldown, BNB is back in action, regaining bullish momentum and resuming its uptrend. The recent pullback provided a much-needed reset, allowing buyers to step in near the $605 support level and strengthen the foundation for a renewed climb. 

Now, with increasing buying pressure, BNB is making another push toward key resistance levels, signaling that the rally may not be over just yet. However, breaking through overhead resistance will be a crucial test for bulls. If buying pressure continues to build, BNB could push toward new local highs. Meanwhile, if bears step in at key levels, another retracement could be on the horizon

Technical Rebound: Charting The Recovery Momentum

After a strong rally, BNB experienced a brief pullback, allowing the market to cool off before resuming its upward trajectory. Rather than signaling a reversal, this dip served as a natural correction, shaking out weak hands while providing strong support for the next move.

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During the pullback, BNB found support at a crucial level, preventing a deeper decline and reinforcing bullish confidence. The consolidation phase also helped ease overbought conditions, resetting momentum indicators like the Relative Strength Index (RSI) and allowing for a more sustainable climb.

Additionally, the price is currently holding above the 100-day Simple Moving Average (SMA).  As long as the price remains above the 100-day SMA, the uptrend remains intact, suggesting the potential for further gains.

BNB
BNB maintaining its renewed uptrend | Source: BNBUSDT on Tradingview.com

As BNB continues its recovery, key resistance levels will play a crucial role in determining the strength of its uptrend. The first major hurdle lies at $680, a psychological and technical barrier where previous rejections have occurred. A decisive break above this level could attract more buying pressure, paving the way for more growth. 

Beyond $680, the next resistance to monitor is around $725, where sellers previously stepped in during the last rally. Clearing this zone would signal strong upward movement and open the door for a potential test of the $795 mark, a key milestone that might fuel further upside.

BNB Bearish Risks: What Could Halt The Uptrend?

Despite BNB’s renewed bullish momentum, several factors could stall its upward movement. One key risk is failure at critical resistance levels, particularly around $680. A rejection at these points combined with declining buying pressure, would trigger a pullback and encourage profit-taking.

Related Reading

Another concern is weak trading volume. If BNB’s rally lacks sufficient volume support, it may indicate waning investor confidence, making it easier for sellers to regain control. Additionally, if indicators like the RSI enter the overbought territory without strong price follow-through, a correction could be imminent.

BNB
BNB trading at $641 on the 1D chart | Source: BNBUSDT on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com



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Cardano Holders Refuse To Liquidate, Support Price Rise to $0.85

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Cardano (ADA) has faced a lack of bullish momentum recently, keeping the altcoin from staging a full recovery. However, despite this, it has maintained a micro uptrend, supported by a group of strong investors. 

These holders are not liquidating their positions, and their support could help drive ADA’s price toward higher levels, possibly reaching $0.85.

Cardano Whales Move To Buy

Whale addresses have been actively accumulating ADA at current low prices, which signals confidence in a potential recovery. Over the past week, addresses holding between 100 million and 1 billion ADA have added over 240 million ADA, worth more than $175 million. This significant accumulation by whales indicates their belief in Cardano’s long-term value and the likelihood of a price increase.

The accumulation of ADA by these large investors shows a strong conviction in the asset’s future performance. This behavior suggests that the whales are positioning themselves for a potential recovery, and their support could provide the necessary boost to help Cardano break through key resistance levels.

Cardano Whale Holding
Cardano Whale Holding. Source: Santiment

Cardano’s macro momentum is showing promising signs despite the overall bearish market conditions. The Mean Coin Age, a metric that tracks the average age of coins in circulation, has been steadily increasing. This uptick suggests that long-term holders (LTHs) are refusing to sell and are also holding on to their ADA tokens for extended periods. This reflects a sense of confidence among LTHs regarding the recovery of Cardano’s price.

The increase in Mean Coin Age implies that investors believe in Cardano’s long-term potential and are not inclined to liquidate their holdings during the current market downturn. This level of confidence from LTHs provides strong support for ADA and could help prevent any drastic price declines.

Cardano MCA
Cardano MCA. Source: Santiment

ADA Price Remains Subdued

Cardano is currently up by 6% in the last 24 hours, but this increase has not been sufficient to break the crucial $0.77 resistance level. Despite the recent uptick, ADA has been unable to breach this barrier, which is essential for confirming the altcoin’s recovery. 

The factors discussed suggest that, with continued support from investors and whales, Cardano could break past the $0.77 resistance and rise to $0.85. This level is key in establishing a recovery rally for ADA, and if successfully breached, it could lead to sustained gains in the near future.

Cardano Price Analysis.
Cardano Price Analysis. Source: TradingView

However, if Cardano fails to breach the $0.77 barrier, it will likely continue consolidating above the $0.70 support. In this case, ADA will remain vulnerable to a potential drop to $0.62, which could extend the consolidation phase and delay any significant recovery.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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PumpSwap’s Total Trading Volume Surpasses $1 Billion

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PumpSwap, a newly launched decentralized exchange (DEX) on the Solana blockchain, has quickly reached significant milestones.

Developed by the Pump.fun team, this platform offers a seamless trading experience with low fees. It aims to reshape the DEX space on Solana.

PumpSwap’s Cumulative Trading Volume Exceeds $1 Billion

Since its launch on March 20, 2025, PumpSwap has achieved impressive milestones, solidifying its position within the Solana ecosystem.

Data from Dune reveals that on March 24, PumpSwap recorded a 24-hour trading volume of $454 million. The platform attracted 243,000 users and generated $1.06 million in trading fees. PumpSwap accounted for 14% of Solana’s total DEX trading volume, a remarkable figure for a platform that has been live for less than a week.

PumpSwap’s total trading volume reached $1.04 billion in just seven days, showcasing rapid growth.

Trading volume on PumpSwap
Trading volume on PumpSwap. Source: Dune

The launch of PumpSwap marks a crucial step in Pump.fun’s strategy. Pump.fun is a leading token launchpad on Solana. Previously, tokens completed the bonding curve on Pump.fun had to pay a 6 SOL fee to migrate to Raydium, which often took hours. PumpSwap was designed to eliminate this issue. It allows tokens to transition automatically without fees while providing higher liquidity and faster transactions.

The platform also plans to introduce a revenue-sharing model for token creators shortly. This initiative will incentivize new projects to join. PumpSwap’s emergence benefits users and intensifies competition with other DEXs like Raydium, which currently holds a 46.1% market share on Solana.

“Anyone still saying the team at Pump are greedy and don’t care about the community needs to get their facts straight. One of the reasons PumpSwap was created was so they have full control over the fee structure to benefit the users. Coin creators will soon be getting a percentage of the revenue earned. That alone is a game changer. Why would you launch a coin anywhere else?” a crypto expert commented.

Since the launch of PumpSwap, the number of new tokens created on Pump.fun has slightly increased. According to data from Dune, 34,000 meme tokens were created on March 24. This represents a 40% increase compared to the daily average of 24,000 tokens in March.

Additionally, the platform’s daily revenue reached $7.4 million, the highest level in the past month.

However, BeInCrypto has warned that the meme coin boom on DEXs like PumpSwap comes with high risks. Many of these tokens lack intrinsic value and may collapse after a period of rapid growth.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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