Sui (SUI) trading volumes have gone up by 165% in the past 24 hours and have pushed the token nearly 25% higher after it broke above a key resistance.
The crypto market is gaining today amid reports that President Trump will reduce the tariffs levied against China. The China-US trade war was among the key factors that have fuelled turmoil across financial markets for the most part of this month, and with the increased likelihood that the two countries might arrive at a deal,
The crypto community has long awaited a pro-crypto era in the U.S., hoping for clearer regulations and support for innovation. Half of that vision began to take shape when Trump took office, promising to make the U.S. the crypto capital of the world.
TL;DR Cardano's Momentum Rising: ADA has bounced back above key support levels, signaling renewed bullish momentum as it prepares for a potential surge up to $5. Analysts Weigh In: Experts, including top analysts like Crypto Patel and Javon Marks, identify strong technical patterns that could propel ADA past previous resistance thresholds.
Cardano (ADA) is in the spotlight following a rise in market activity and price movement. According to CoinMarketCap's most recent data, Cardano trade volume surpassed $1 billion in the last 24 hours, representing a 72% rise, while ADA's price increased by 11%.
Cardano (ADA) may experience explosive price appreciation in the near future, with some experts projecting more than 1,000% gains, based on recent market movements. The cryptocurrency, which is currently valued at $0.64, may be on the verge of a major breakthrough if current trends continue.
Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest. Whale Accumulations On the Rise Onchain data from Santiment also showed whale accumulations.
The SUI price has risen above the bearish trend that it held since the start of the year, when it marked a new ATH above $5.3. With this breakout, the token has triggered a fresh upswing, which is believed to secure an important resistance level.
Cardano (ADA) has recently shown a modest recovery, riding the wave of broader market bullishness, which has brought its price back above $0.70.
The broader crypto market saw a wave of green today, and among the standout performers is Sui ($SUI), which has posted eight consecutive green candles within 24 hours, a 27% surge. The rally follows a renewed appetite for risk in the market, triggered in part by U.S.
Sui has logged eight green candles and a 27% jump as memecoin activity has lifted network volume 54.7% to $4.47 billion. Developer engagement has risen, and a spot ETF filing has bolstered sentiment. Charts have confirmed an ABC breakout pattern that targets $3.20 and possibly $8.99. The post Sui Rockets 27% on Memecoin Frenzy—Will Bulls Break $3.70? appeared first on Cryptonews.
ADA surges past resistance; breakout aligns with strong technical and derivatives support.
Amid the market recovery, Cardano (ADA) has seen a 5% daily surge to retest the $0.66 level. Its recent price action has led the cryptocurrency to break out of a bullish formation, which could propel ADA to a key resistance zone.
Cardano (ADA) and Ethereum (ETH) soared over 14% in the past 24 hours, leading a broad crypto rally sparked by renewed optimism over U.S.-China trade tensions. Bitcoin (BTC) surged past $93,500 late Tuesday, gaining 6.5%, while Solana (SOL), XRP, and BNB rose around 8%.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Sui (SUI) breaks key resistance with 20% rally as network growth and easing trade war concerns fuel optimism for continued gains.
BTC sits at a multi-week peak of over $94,000.
Cardano's price surges as whales accumulate tokens and technical indicators turn bullish, with analysts eyeing $0.80 amid ecosystem growth and potential ETF approval.
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity.
Cardano's ADA and ether (ETH) zoomed more than 14% in the past 24 hours, leading gains among major cryptocurrencies, as bitcoin (BTC) crossed $93,500 late Tuesday on renewed hopes of a tempered approach to the tariff wars.
The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin's rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.
The entire crypto market turned green today, but there could be even more gains on the horizon.
The crypto market was a sea of green as Bitcoin and most altcoins continued their recent recovery. The market capitalization of all cryptocurrencies surged to over $2.93 trillion, a figure that may continue to grow this week.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. The post Sui Price Analysis: Massive Bullish Breakout Opens Door to Rapid 2x SUI Rally appeared first on Cryptonews.
A decrease in price volatility for Cardano (ADA) is spearheading bullish sentiments for the asset, as market participants anticipate stability in the near term.
SUI has seen growth in most key metrics, partially fueled by the memecoin rally, leading to the latest price breakout.
South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday.
Cardano builds bullish momentum with growing sentiment and a textbook reversal pattern nearing completion.
Cardano price has moved sideways this month, but could be ripe for a strong bullish breakout if Bitcoin rises to $100k as Arthur Hayes predicts. ADA token was trading at $0.640 on Tuesday, a consolidation that may be calm before the storm.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Cardano has emerged as one of the best-performing cryptos this year, initially rallying above $1. Despite a pullback to around $0.51 amid global trade tensions, ADA is showing signs of recovery, now trading above the 50-week SMA.
Cardano's lacklustre performance over the past week has prompted some of its largest holders to begin selling their coins. On-chain data reveals that ADA whales holding between 100 million and 1 billion coins have collectively offloaded over $160 million worth of the asset within the last seven days.
SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.
Nearly 31 cryptocurrencies have been swept up in a new legal complaint targeting major crypto exchange Coinbase.
Cardano (ADA) is flashing a bullish fractal that preceded 250% rallies in the past, but weak DeFi metrics and low network activity may challenge the sustainability of its $28.7B valuation.
Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).
Cardano (ADA) has broken through a key resistance level at $0.630, signaling a strong bullish reversal amid a broader cryptocurrency market recovery. This breakout, which began on April 21, was marked by a significant increase in trading volume, surpassing 68 million ADA during the breakout candlea clear indicator of growing investor interest and momentum.
Cardano breaks out of a symmetrical triangle pattern with massive accumulation and growing narratives around Bitcoin DeFi and ETF possibilities propelling ADA toward potential breakout.
Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.
A Morgan Stanley analyst has issued a major warning that may impact risky assets, including stocks and cryptocurrencies such as Ethereum, Jasmy, Cardano, Kaspa, and PEPE. His statement came as these tokens attempted to bounce back. The Ethereum (ETH) price has risen to $1,575, a slight increase from the year-to-date low of $1,385.
Coinbase is back in the legal spotlight, but this time, it's not the SEC knocking at the door. The Oregon Attorney General has filed a lawsuit against the crypto exchange, accusing it of offering and selling unregistered securities to users in the state.
The Cardano (ADA) price was subdued on Monday, trading sideways in the $0.62 area, but is at a key technical crossroads, with the price action in the coming days likely to be crucial for the crypto's near-term momentum. The post Cardano Price Analysis: 50% ADA Price Crash Imminent? appeared first on Cryptonews.
An analyst has pointed out how Cardano is currently breaking out of a Triangle pattern, a signal that could be bullish for ADA's price. Cardano Has Surged Beyond Triangle Resistance Line In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the hourly price of Cardano.
Cardano (ADA) is up 4% on Monday, trying to hit $0.65, showing signs of renewed bullish momentum. Technical indicators are beginning to align in favor of buyers, with the BBTrend turning positive for the first time in days and the DMI signaling strengthening upward pressure.
SUI has been attempting a major price breakout on the charts.
In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.