Cardano

Evolution

Bonk

<p>Cryptocurrencies, including XRP, Cardano (ADA), and BONK, are showing signs of recovery after retracements. The market remains indecisive, and the recent price surge has not been enough to reignite enthusiasm. Bitcoin, fragile, awaits a decisive session. For investors, caution is advised.</p> 
<h2 id="h-xrp-ada-bonk-time-for-a-rebound-for-these-cryptos">XRP, ADA, BONK – Time for a rebound for these cryptos?</h2> 
<p>Bitcoin, <strong>fragile around $40,000</strong>, and undoubtedly hoping for <a href="https://www.cointribune.com/bitcoin-a-quand-la-reprise-du-bull-run/" target="_blank" rel="noreferrer noopener">a bull run resumption</a>, awaits a decisive American session. To turn the tide, the bulls will need to show unwavering conviction. Caution is advised: before diving into these uncertain waters, it is better to wait for the situation to clarify between the bear and the bull. Selecting the <strong>best cryptos to buy</strong>, such as XRP, ADA, and BONK, requires a <strong>strategic approach</strong>, notably with the <strong>dollar-cost averaging (DCA) method</strong>, anticipating an upcoming recovery. <a href="https://coingape.com/markets/3-top-crypto-to-buy-today-january-25-xrp-ada-bonk/" target="_blank" rel="noreferrer noopener">Detailed report by CoinGape</a>!</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<h3 id="h-xrp-on-the-lookout-for-entries-patience-advised">XRP on the lookout for entries, patience advised</h3> 
<p>After a short bounce to above $0.52 on Wednesday, <strong>XRP falls back, testing the support at $0.51</strong>. With the RSI indicating a downward trend, cross-border money transfers could slip below $0.5. Bargains for buyers are presenting themselves with this drop, but usual caution recommends waiting.</p> 
<p>Before opening new long positions, it would be wise to <strong>wait for XRP to show signs of a rebound at the $0.5 support</strong>. To navigate this uncertain market, a DCA strategy proves to be the best option, ensuring cautious risk management.</p>  
<div class="tradingview-widget-container tradingview--mini-chart"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview--mini-chart--dark"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:XRPUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script> 
 </div> 
 <div class="tradingview--mini-chart--light"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:XRPUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script> 
 </div> 
 <div class="tradingview-widget-copyright">
  <a href="https://fr.tradingview.com/symbols/XRPUSD/?exchange=BINANCE" rel="noopener" target="_blank"><span class="text-primary-color">XRPUSD chart</span></a> by TradingView
 </div> 
</div>  
<h3 id="h-cardano-ada-ready-to-take-off-a-new-chapter-ahead">Cardano (ADA) ready to take off, a new chapter ahead?</h3> 
<p>Cardano holders are returning to the drawing board to strategize, following <strong>a significant correction from the December peak at $0.67</strong>. The descent has followed the contours of a descending channel, with the lower boundary playing a crucial role in curbing losses. If the channel’s support holds firm, buyers might reassess their position, creating momentum for a potential recovery.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://coingape.com/wp-content/uploads/2024/01/ADAUSD_2024-01-25_15-27-43-1536x824.png" alt="cardano-ada-chart">
  <figcaption class="wp-element-caption">
   Cardano (ADA) Price Evolution – Source: TradingView
  </figcaption>
 </figure>
</div> 
<p>A breakout above the channel could propel Cardano’s price, quickly bridging the gap to $1 and reinforcing the prospect of a prolonged rise. However, losing the channel’s demand zone could intensify the woes, with the 200 EMA in sight as the <strong>next support at $0.415</strong>.</p> 
<h3 id="h-bonk-balancing-on-a-tightrope">Bonk, balancing on a tightrope</h3> 
<p>Bonk, the first memecoin on Solana, is attempting to maintain its balance above the critical support despite headwinds in the market. The crypto, after falling from its highs, is now navigating a <strong>delicate zone around $0.0000105</strong>. Investors are closely watching the support of the green band, a key element for the BONK token lately.</p> 
<p>While respecting this zone could offer an opportunity for a rebound, any weakening could signal a potential storm, with possible implications down to $0.000005. The memecoin continues to juggle volatility, presenting an act where the precarious balance can tip at any moment.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/cointribune?a=2831A22E17" target="_blank" rel="noreferrer noopener">20€ de bonus pour votre inscription sur Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">Ce lien utilise un programme d’affiliation</a> 
</div> 
<p>Remember that Bonk (BONK) recently made <a href="https://www.cointribune.com/le-chauffeur-de-taxi-qui-a-fait-fortune-avec-bonk-bonk-devoile-ses-prochains-investissements/" target="_blank" rel="noreferrer noopener">a New York taxi driver’s fortune</a>: he amassed millions of dollars by betting on this memecoin.</p>

Today’s Must-Buy Cryptos? A Trio of Assets Seeking Renaissance

목차

Cointribune EN

2024년 1월 26일에 게재된 다른 기사

Meme Coin Mania: Will DOGE, SHIB, and BONK Bask in Bitcoin’s Halving Sun?

XRP Whales Shake up Market as Price Struggles to Recover

Ethereum’s Path To Recovery: Analyst Highlights 3 Key Factors Pointing To A Price Boom

Solana launches new token extensions – Here are the details

AltLayer Price Prediction: ALT Climbs 6% On $100 Million Airdrop As Experts Say Consider This New...

XRP greenlist removal leads to FOIA request by legal expert

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!