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Cardano Dips Hard, Can It Bounce From $0.60? Cardano ($ADA ), the 10th largest cryptocurrency by market capitalization, fell to $0.60 in the early Wednesday session as its drop from the April 13 high of $0.668 reached its fourth day. At press time, $ADA was down 4.7% in the last 24 hours to $0.606 and will mark its fourth straight day of dropping if today ends in losses. Bitcoin ($BTC ) and other major cryptocurrencies fell more than 3% as Tuesday's rise was followed by profit-taking throughout the Asian morning hours on Wednesday, as expected. Cardano's ADA plummeted to an intraday low of $0.60. ADA’s drop to $0.60 marks a roughly 10% decline from its recent highs. The correction has closely tracked the current uncertainty on the market, in which traders have exited risk assets. Rebound ahead? ADA exhibited strong volatility over the weekend, rising from $0.618 to a high of $0.667 before undergoing a substantial correction. Trading data shows that volume increases with downward price swings, indicating that selling pressure remains persistent. While some accumulation looks to be taking place at lower levels, potentially creating a foundation for recovery, ADA presently confronts significant overhead resistance from its daily moving averages of 50 and 200 at $0.708 and $0.746. The daily moving average of 50 provides immediate overhead resistance, highlighting the negative trend. Momentum indicators suggest oversold scenarios, which could provide short-term relief. Another possibility is that ADA is consolidating in a large range between $0.51 and $0.77 before making any substantial moves.

Mind Network’s ($FHE) volatility tends to be relatively high and more pronounced compared to major cryptocurrencies like Bitcoin and Ethereum, reflecting its status as a smaller, emerging token in a nascent market segment. Higher Volatility Compared to Bitcoin and Ethereum: Established cryptocurrencies such as Bitcoin have annualized volatility rates around 80–100%, with daily price changes averaging 4–6%. In contrast, smaller altcoins like Mind Network typically experience wider price swings and sharper percentage moves due to lower market capitalization, thinner order books, and less mature trading markets. Impact of Market Events: Mind Network has shown significant price fluctuations, including sharp declines (e.g., a 21.4% drop in 24 hours recently) and strong weekly gains, reflecting heightened sensitivity to market news, token unlocks, exchange listings, and liquidity changes. Liquidity and Trading Conditions: While Mind Network benefits from improving liquidity on platforms like CoinUnited.io, which helps reduce slippage and spreads, its volatility remains elevated relative to large-cap coins due to still-developing market depth and trading volume. Comparison to Broader Crypto Market: Bitcoin’s volatility, though often criticized, remains lower than many traditional assets like the S&P 500 during turbulent periods. Mind Network’s volatility, typical of emerging altcoins, is generally higher than Bitcoin’s, making it more suitable for traders seeking higher risk/reward profiles rather than conservative investors. In summary, Mind Network’s $FHE token exhibits higher volatility than leading cryptocurrencies, driven by its smaller market size, evolving liquidity, and sensitivity to ecosystem developments. This volatility presents both opportunities and risks, distinguishing it from more stable, established digital assets.

$XRP Holds Weekly Kijun-Sen as Analyst Says It Boasts the Strongest Chart Targeting $4.50 XRP appears to be taking the lead in crypto market strength, outperforming even Bitcoin, according to an Ichimoku Cloud analysis by Dr. Cat. Notably, XRP has struggled with bearish pressure since February alongside Bitcoin (BTC) and the rest of the crypto market. However, despite the turbulence, XRP seems to be displaying more resilience, as it holds above the $2 support level. In a recent analysis, market watcher Dr. Cat revealed that the weekly XRP chart indicates a bullish structure, with the asset maintaining important technical levels. As the crypto market struggles with corrections, XRP looks ready to challenge its previous highs, possibly targeting $4.50 by May. XRP Holds Above Ichimoku Cloud Kijun Sen Notably, the Ichimoku Cloud on XRP’s weekly timeframe confirms this bullish setup. Specifically, price action is holding above the Kijun Sen, which currently sits at around $2.07, indicating that XRP maintains equilibrium and respects a major support level. Moreover, the Tenkan Sen rests above the Kijun Sen, forming a bullish crossover. This position implies that short-term momentum continues to favor buyers. Further, the Chikou Span, or lagging line, sits above the price action from 26 weeks ago, a historically bullish indication. Meanwhile, the future Kumo or cloud projection further confirms strength. Notably, the cloud is thick and upward-sloping into May, with Senkou Span A holding above Senkou Span B. This cloud formation acts as support in trending markets, and its widening shape points to growing momentum in XRP’s favor. In addition, volume trends reveal consistent market participation during recent consolidation phases. Candlestick formations also show buyers defending the $2.03 to $2.06 range. Notably, this indicates a trend of accumulation before a potential breakout. Dr. Cat stressed that XRP’s current structure gives bulls full control of the market. He highlighted that unlike many other altcoins, such as Ethereum, that are already showing signs of entering a bear market on the weekly timeframe, XRP still holds technical superiority. He also pointed out that XRP remains in a strong position to challenge its all-time highs and could rally toward the $4.50 level in the coming weeks, especially if it maintains its position above the Kijun Sen and continues to build support above the cloud. Bitcoin Showing Relative Weakness In contrast, Bitcoin’s weekly chart is less bullish. BTC has broken below the Kijun Sen, currently hovering near $85,000, which shows a loss of equilibrium. Also, the Tenkan Sen has crossed beneath the Kijun Sen, forming a bearish crossover called a death cross. Although Dr. Cat noted that this bearish signal may be temporary or fake, he admitted that it is a technical point scored by the bears, indicating that Bitcoin must work harder to regain bullish control. Price action for Bitcoin remains trapped within the Ichimoku cloud, a zone of indecision where neither buyers nor sellers have dominance. The future Kumo appears thin and relatively flat, presenting limited support and suggesting that any downward pressure could lead to a deeper retracement. The Chikou Span also lags behind the price from 26 weeks ago, as uncertainty and slowing momentum emerge. Further, trading volume has declined since Bitcoin’s recent high near $110,000, weakening the case for a quick rebound unless momentum picks up. While Bitcoin attempts to reclaim higher ground, XRP’s chart continues to exhibit textbook bullish characteristics. Moreover, the XRP/BTC chart seems to be recovering after three straight intraday losses. Year-to-date, XRP is up 11.6% against Bitcoin, with XRP changing hands at $2.09, while BTC trades for $84,484.

Now at $0.003987, $GAME2 is under pressure after failing to sustain above the $0.00405 zone. With price slipping below all major moving averages (MA5/10/20), the next key support sits around $0.00393. If that level breaks, expect further downside. Bulls need to reclaim $0.00405 fast to regain momentum.

Currently trading at $0.2124, $J is riding above all major moving averages (MA5/10/20), showing continued strength after bouncing from $0.1985. If price reclaims $0.2140, bulls could aim for a new high above $0.2162. Support sits at $0.2090—holding above that keeps the uptrend intact.