Cardano Primed for 159% Breakout as Analysts Track Bullish Wedge Rebound
Cardano (ADA) appears poised for a powerful breakout. Analysts project a potential surge of up to 159%, taking the asset as high as $1.8612, provided key technical support levels hold strong. According to a recent analysis by Rose Premium Signals, ADA has entered a critical phase of retesting a falling wedge structure—a well-known bullish reversal pattern. In an X (formerly Twitter) post published on March 20, the analyst confirmed that Cardano is approaching a pivotal price region that could ignite an aggressive uptrend. Cardano’s Bullish Setup: Retest Before Liftoff? After forming a falling wedge since reaching a local high of $1.327 in December, Cardano broke out of the pattern on February 13. The breakout showed promise but lacked immediate follow-through, as the asset returned to test its breakout support near $0.65 on March 2—a move that coincided with President Donald Trump’s announcement of a strategic U.S. Bitcoin reserve. Rather than view the pullback as a weakness, Rose Premium argues it’s part of a healthy bullish retest. The asset has demonstrated strong reversal momentum since that bounce, and analysts believe this consolidation marks the beginning of a longer-term uptrend. If ADA successfully defends the $0.65 support level, Rose Premium anticipates a strong rebound toward three bullish price targets: However, the analysis also highlights that ADA must break through local resistance at $0.82 to confirm a continued bullish structure. Failing to do so may stall or even reverse the expected upside. ADA Still Range-Bound: Another Analyst Weighs In Meanwhile, another market analyst, known as the “Man of Bitcoin,” has also commented on ADA’s trajectory. He pointed out that Cardano remains trapped within a sideways trading range, with price movement narrowing between $0.65 and $0.777. In his view, the next major breakout—or breakdown—will define ADA’s medium-term trend. If ADA pushes beyond the $0.777 resistance, he believes it will create bullish momentum for further gains. However, should it fall below the $0.65 support, it could initiate a bearish correction, pulling the price back to $0.580 and potentially even to the 0.618 Fibonacci retracement level at $0.533. Market Sentiment and Momentum Adding to the bullish case, sentiment around Cardano is heating up. According to a recent report, positive social sentiment surrounding ADA has reached a four-month high. This renewed interest may attract capital inflows and reinforce momentum, helping the asset sustain any breakout attempts. Related article: Cardano (ADA) Falls 5% Below $0.70 – What’s Next for Investors? With key support holding, technical patterns forming, and sentiment rising, Cardano could be poised for its next major rally. However, market participants will be watching closely to see if the asset confirms these bullish signals or drifts further into uncertainty.
Dogecoin Rally on the Horizon? Analysts Predict a Surge to $0.60 as Whales Accumulate
According to market analysts who are closely monitoring Dogecoin’s (DOGE) performance, it could be gearing up for a major price surge. On Wednesday, March 19, TradingView Idea crypto analyst Whalesdesk highlighted a bullish setup for Dogecoin. He pointed to a strong support zone between $0.16 and $0.17 and a pennant formation on the weekly candlestick chart. If DOGE maintains this support and breaks out from the pennant pattern, it could ignite a rally toward $0.30, $0.45, and eventually $0.60. With Dogecoin currently trading at $0.1715, these price targets represent significant upside potential of 75%, 160%, and 250%, respectively. Mixed Analyst Predictions: Will DOGE Dip Before a Breakout? Whalesdesk is not alone in predicting an upward move for Dogecoin. Another respected analyst, MMBTrader, also suggested that a rebound could be on the way. However, unlike Whalesdesk, MMBTrader believes DOGE might dip first before recovering. He identified support levels around $0.13834 and $0.09081 on the daily chart. Additionally, he cautioned that the meme coin may encounter resistance at crucial psychological price points, particularly around $0.30 and $0.40. Whales Accumulate Millions in DOGE as Network Activity Soars Recent on-chain data further supports the bullish case for Dogecoin. Whale investors have been aggressively accumulating DOGE, signaling growing confidence in the asset. Notable whale purchases in recent weeks include: At the same time, Dogecoin’s network activity is skyrocketing. The number of active addresses surged by 76%, climbing from 160,000 last week to over 280,000 this week. This increase in whale accumulation and network engagement suggests a rising demand for DOGE. If this momentum continues, Dogecoin could be poised for an explosive breakout in the coming weeks. Related article: Dogecoin at $0.1661: Will a 30% Rebound Take It Past $0.22? Will Dogecoin Hit $0.60? The coming weeks will be crucial for Dogecoin’s price action. If the support holds and a breakout occurs, DOGE could be on track for massive gains. However, traders must monitor potential resistance zones and short-term pullbacks. With whales actively buying and network activity spiking, Dogecoin’s bullish momentum continues to build. Will the meme coin reach $0.60, or will resistance slow it down? The market will soon reveal the answer.
Xenea Wallet Quiz Answer 20 March 2025: Play and Earn $Gems
Xenea Wallet continues to be a favourite among cryptocurrency users looking for unique ways to earn digital rewards. With its engaging daily quizzes, referral programs, mining options, and tasks, Xenea Wallet allows users to collect $GEMS effortlessly. One standout feature that keeps users returning is the Daily Quiz, where every correct answer earns you valuable $GEMS. Below, you’ll find today’s latest quiz answers and tips on maximizing your rewards. Xenea Wallet Daily Quiz Answers – March 20, 2025 If you’re participating in today’s quiz, here’s the correct answer to help you secure your rewards: By submitting the correct answer, you increase your chances of accumulating $GEMS, which can later be exchanged for other valuable rewards within the app. How to Participate in the Xenea Wallet Daily Quiz Taking part in the Xenea Wallet Daily Quiz is simple. Follow these steps: How to Redeem Coupon Codes in Xenea Wallet Xenea Wallet also allows users to redeem coupon codes for extra rewards. To activate a coupon code, follow these steps: Important Note: If the coupon code has expired or becomes invalid, a message will appear stating, “This code is invalid.” You’ll need to wait for a new code to be released. Conclusion Xenea Wallet provides an exciting and rewarding way for users to earn $GEMS effortlessly. Users can continuously grow their digital rewards with opportunities like daily quizzes, referrals, mining, and coupon codes. To maximize your earnings, stay updated with the latest quiz answers, participate in daily tasks, and watch for new coupon codes. Whether you’re answering quiz questions or redeeming vouchers, Xenea Wallet ensures a seamless and enjoyable way to earn crypto rewards!
25.5 Billion SHIB on the Move – Are Whales Accumulating or Selling?
Blockchain tracking platform Etherscan has detected a surge in Shiba Inu transactions over the past few hours. Data shows that nearly 30 billion SHIB coins have been transferred between anonymous wallets, including major cryptocurrency exchanges. This activity raises speculation about whether whales are accumulating or selling their holdings. Large-Scale SHIB Transfers Indicate Whale Activity Several significant transactions have moved billions of SHIB, with each transfer carrying substantial amounts. Some transactions were smaller, involving at least 340 million SHIB. However, the largest transfers included: These transactions link back to large exchanges such as OKX and Binance, confirming that institutional players and major investors are reshuffling their positions. While SHIB’s price has been on a downward trend, some whales have chosen to accumulate, while others have opted to sell billions of tokens. This influx of movement suggests that investors are responding to market conditions, possibly positioning themselves for future price action. If accumulation continues, it could signal confidence in SHIB’s long-term potential. On the other hand, the selling pressure might indicate a strategy to capitalize on previous gains before further declines. SHIB Team Responds to Unethical Crypto Practices As SHIB transactions gained momentum, the Shiba Inu marketing lead, Lucie, addressed concerns over unethical practices in the cryptocurrency market. She criticized those engaging in “shady crypto practices” and pointed out the “schizophrenic behavior” of individuals manipulating rules to serve their interests. Lucie reassured the SHIB community that the team remains committed to ethical standards. She emphasized that Shiba Inu does not maliciously target competitors. Instead, the team focuses on building, improving, and ensuring the safety of its users. What’s Next for SHIB? With billions of SHIB shifting hands, market participants remain divided on the coin’s short-term direction. Some investors see this as an opportunity to buy at a discount, while others fear further price drops. Whether accumulation or selling prevails, SHIB’s price movement in the coming days will reflect the outcome of these major transactions.
Charles Hoskinson Dismisses Centralization Claims, Defends Cardano’s Decentralization
Charles Hoskinson, the founder of Cardano and a billionaire mathematician, recently addressed claims suggesting that three entities control Cardano. In a tweet, he responded to accusations that the Cardano Foundation, Input Output Global (IOG), and Emurgo dictate the network’s direction, supposedly making it less decentralized than Bitcoin. Hoskinson Defends Cardano Against Centralization Accusations Hoskinson dismissed these allegations as misinformation and part of ongoing FUD (fear, uncertainty, doubt) campaigns. He pointed out that debunking such claims requires substantial effort, saying, “It takes millions of dollars and years to correct the effort.” He also predicted that critics would continue spreading misinformation about Cardano even in 2030. Hoskinson Acknowledges XRP’s Strength and Longevity Earlier this month, Hoskinson made an unexpected statement that caught the XRP community’s attention and Ripple’s CTO, David Schwartz. He described XRP as “great technology” and recognized it as a global standard. His comment was in response to a tweet from Peter Schiff, who had reacted to former U.S. President Donald Trump mentioning ADA, XRP, SOL, ETH, and BTC as assets for a potential U.S. crypto reserve. Related article: Cardano (ADA) Falls 5% Below $0.70 – What’s Next for Investors? Schwartz, surprised by Hoskinson’s remarks, tweeted, “Am I dreaming?!” to which Hoskinson reaffirmed his stance. He praised XRP for surviving multiple market cycles and commended its strong and dedicated community. By addressing these criticisms and acknowledging XRP’s resilience, Hoskinson continues to shape the conversation around blockchain decentralization and the future of cryptocurrencies.
Analyst Predicts Dogecoin’s Parabolic Surge as Stoch RSI Signals Bullish Crossover: Here’s Why
Prominent market analyst Ali Martinez predicts that Dogecoin (DOGE) could experience a powerful rebound as its Stochastic Relative Strength Index (Stoch RSI) prepares for a bullish crossover. Dogecoin has recorded two consecutive daily gains for the first time since March 2. The meme coin rebounded 22% from a low of $0.1427 on Tuesday to a high of $0.1742 yesterday, reflecting a broader market recovery. This resurgence follows speculations that Donald Trump is open to resolving the tariff war with Canada. Dogecoin Poised for a Strong Rally DOGE’s latest rebound has helped it recover earlier losses this week while forming a dragonfly doji on the daily chart. This price action aligns with a bullish crossover on the Stoch RSI, a key momentum indicator. Market analyst Ali Martinez highlighted this bullish signal, emphasizing its potential impact on Dogecoin’s price. In a tweet on Wednesday, Martinez suggested that DOGE could be on the verge of a parabolic rally, citing historical data on the Stoch RSI’s influence. Historical Trends Suggest a Massive Price Increase Martinez pointed out that previous Stoch RSI crossovers on the weekly timeframe have led to significant price increases for Dogecoin. In October 2023, the Stoch RSI flipped bullish, triggering an 88% surge from $0.0569 to $0.1075. A similar situation occurred in February 2024 when another bullish crossover led to a 187% increase, with DOGE climbing from $0.0793 to $0.2290. The most notable rally happened in September 2024, when Dogecoin skyrocketed 444% from $0.0890 to $0.4846, marking its highest point in the current bull cycle. Now, Martinez identifies that DOGE’s weekly Stoch RSI is on the verge of another bullish crossover. If this scenario materializes, he predicts a strong upward trajectory. Interestingly, each of the last three crossovers has produced larger price gains than the previous one. If this pattern continues, Dogecoin could rally by at least 444%, surpassing its all-time high and potentially reaching $0.914. Read more: Dogecoin Struggles at $0.2101: Will It Hold or Crash Below $0.17594? Higher Prices Could Follow the Rebound In the short term, Dogecoin continues to show bullish momentum. On Tuesday, the TD Sequential indicator hinted at a bullish reversal, pushing DOGE above the critical $0.16 support level. Analysts believe this move could set the stage for a breakout toward $2. If Dogecoin maintains this trend, it could push even higher. Some projections suggest that DOGE could reach $8.5 when the third wave of its Elliott Wave pattern kicks in. Currently, Dogecoin trades at $0.1715, with its RSI at 37.63, close to the oversold territory. With technical indicators aligning, the meme coin could be gearing up for another explosive move in the coming weeks.
Why Is Crypto Rising and Will It Crash Again? Market Analysis
February’s Consumer Price Index (CPI) inflation data came in lower than expected, driving a bullish sentiment in the crypto market. Analysts had predicted the annual CPI rate to decline from 3.0% in January to 2.9% in February, with core CPI dropping from 3.3% to 3.2%. However, the actual CPI rate fell further to 2.8%, reinforcing the expectation that the Federal Reserve may cut interest rates. A rate cut would weaken the US dollar and boost crypto investments by increasing liquidity in financial markets. Investors anticipate an 85-basis-point rate cut from the Fed this year, making risk assets like Bitcoin and altcoins more attractive. Additionally, the US Producer Price Index (PPI) data, released on March 12 at 12:30 p.m. GMT, has added to the market’s upward momentum as traders bet on looser monetary policies. Bitcoin’s Recovery and Growing Investor Confidence Bitcoin rebounded strongly after a sharp drop on March 11, surging 1.10% intraday to trade at $82,767.64. The price is forming higher lows within a rising wedge pattern, which suggests an 8% breakout potential. Crypto analyst Ali Martinez predicts that if Bitcoin surpasses $84,000, it could rally toward $89,000–$90,000. Markets responded positively to the February CPI report, which showed a 0.2% month-over-month inflation increase, below the expected 0.3%. With inflation cooling, investor sentiment has improved, fueling Bitcoin’s bullish momentum. Traders are watching key resistance levels closely, as breaking above $84,000 could drive further gains. Fear and Greed Index Signals Market Recovery The Fear and Greed Index climbed from Extreme Fear (24) to Fear (34), reflecting a shift in investor sentiment. Historically, extreme fear has created buying opportunities, and traders have taken advantage of the improved market outlook. As confidence returns, Bitcoin and the broader crypto market continue to rise. Will Crypto Crash Again? Factors to Watch Despite the bullish trend, potential risks could trigger volatility in the market. Economic Uncertainty and Trump’s Trade Policies The US recently retracted its plan to double tariffs on Canadian steel and aluminium but still imposed a 25% tariff. Trade tensions could impact the broader economy, affecting risk assets like cryptocurrencies. Investors remain cautious as geopolitical and economic factors evolve. Regulatory Concerns Over XRP ETF Delay Regulatory uncertainty lingers as the US Securities and Exchange Commission (SEC) delays its decision on XRP, Dogecoin, Litecoin, and Solana ETFs. Franklin Templeton’s application for an XRP ETF has increased optimism, but approval likely won’t come until 2025. Analysts estimate a 65% chance of approval next year, but ongoing delays create uncertainty about the crypto market’s stability. Final Thoughts The crypto market is experiencing short-term gains fueled by the lower-than-expected CPI report, Bitcoin’s rebound, and rising investor confidence. However, economic policies, regulatory decisions, and global trade uncertainties remain key factors that could impact market stability. While the current trend looks bullish, traders should stay vigilant as the market navigates potential challenges.
MetaMask Introduces Debit Card and Smart Wallet Features as SEC Dismisses Lawsuit
MetaMask is evolving with a major update designed to enhance user security, simplify transactions, and support a wider range of cryptocurrencies. This announcement follows the U.S. Securities and Exchange Commission’s (SEC) decision to drop its lawsuit against Consensys, MetaMask’s parent company. The SEC signals greater regulatory flexibility for crypto firms, reducing legal uncertainties. SEC Drops Lawsuit Against Consensys The SEC previously accused MetaMask of acting as an unregistered securities broker, citing its staking and swapping functionalities. Consensys refuted these claims, arguing that MetaMask neither holds user funds nor trades on their behalf. Joseph Lubin, CEO of Consensys, confirmed on X that the SEC agreed to dismiss the case on February 27, 2025, pending final approval. This decision marks a shift under Chairman Mark Uyeda, who has shown a more open stance on crypto regulations. The outcome could set a precedent, clarifying the classification of decentralized platforms like MetaMask and providing much-needed regulatory relief. MetaMask Unveils Key Upgrades With the SEC case no longer a concern, MetaMask has fast-tracked several updates to enhance user experience and security. Here are some of the major improvements: Currently, MetaMask relies on private keys, meaning users lose access to their crypto if they misplace their keys. The introduction of smart contract accounts provides wallet recovery options, making MetaMask safer and more user-friendly. Batch Transactions (ERC-5792) Users can now execute batch transactions in one click instead of approving and completing swaps in two separate steps. This feature streamlines the process, reduces transaction fees, and improves efficiency. MetaMask Debit Card (U.S. Launch) Following its success in Europe, MetaMask will launch its debit card in select U.S. states by mid-March. The card allows users to spend crypto at any retailer accepting Mastercard, bridging the gap between digital and traditional finance. Bitcoin & Solana Support Expanding beyond Ethereum, MetaMask will soon support Bitcoin (BTC) and Solana (SOL). This integration enables users to manage multiple cryptocurrencies within a single wallet. Read article: Monad Testnet Surpasses 100 Million Transactions: Airdrop Eligibility and How to Claim MetaMask’s Expanding Role in Web3 With over 100 million installations and 30 million monthly active users, MetaMask remains one of the most widely used crypto wallets. These security enhancements, reduced fees, and improved accessibility reinforce its position as a leader in the Web3 ecosystem. The SEC’s decision to drop the lawsuit boosts the crypto industry, allowing businesses to innovate without looming legal threats. The regulatory agency has also withdrawn cases against major platforms like Coinbase, OpenSea, Uniswap, and Gemini, signaling a more constructive approach to crypto oversight. The Future of Crypto Innovation MetaMask continues to simplify and secure crypto transactions for users worldwide. Whether new to crypto or a seasoned investor, these updates offer enhanced security, lower fees, and greater flexibility. The SEC’s case dismissal sets a positive tone for the industry, paving the way for broader adoption and future growth.
Monad Testnet Surpasses 100 Million Transactions: Airdrop Eligibility and How to Claim
The Monad blockchain is rapidly gaining attention in the cryptocurrency space, thanks to its impressive performance and upcoming $MONAD airdrop. With its testnet achieving a staggering 100 million transactions in just one week, Monad has demonstrated its potential to revolutionize blockchain technology. Here’s everything you need to know about the Monad airdrop, eligibility, and how to claim your free tokens. Monad Testnet Achieves Milestone: 100 Million Transactions in 7 Days Launched on February 19, 2025, the Monad testnet has already processed over 100 million transactions, showcasing its speed, scalability, and efficiency. This achievement highlights Monad’s ability to handle high-volume applications, making it a strong contender for DeFi, gaming, and NFT platforms. Key Features of Monad Testnet: 10,000 TPS: Monad supports 10,000 transactions per second, ensuring lightning-fast processing. 0.5-Second Block Times: Transactions are confirmed almost instantly, providing a seamless user experience. Near-Zero Gas Fees: Users and developers benefit from cost-efficient operations. EVM Compatibility: Monad is fully compatible with Ethereum-based dApps, making it easy for developers to migrate and build. Monad Fantasy Top Tournament: A Gateway to NFTs and Airdrop Eligibility From February 24, 2025, Monad hosted its first-ever NFT gaming tournament, attracting over 200,000 participants. This event not only showcased Monad’s capability to support large-scale gaming applications but also offered players a chance to win exclusive rewards. Highlights of the Tournament: Participants competed for 5,000 whitelist spots in premium NFT collections. The tournament served as a key eligibility criterion for the upcoming Monad airdrop. Future gaming events on the Monad blockchain are expected to provide similar opportunities. If you missed this tournament, keep an eye out for upcoming events to boost your chances of qualifying for the airdrop. How to Claim the $MONAD Airdrop: Step-by-Step Guide The Monad airdrop is one of the most anticipated crypto events of 2025. If you participated in the Monad testnet or its gaming tournament, you may be eligible to claim free $MONAD tokens. Steps to Claim Your Tokens: Connect Your Wallet: Visit the official Monad faucet and connect your wallet. Check Eligibility: Verify your eligibility on the airdrop claim page. Claim Tokens: Follow the instructions to claim your free $MONAD tokens instantly. Pro Tip: If you missed the testnet or tournament, stay updated on future airdrop and whitelist events to secure your share of $MONAD tokens. What to Expect from the Monad Token Launch While the official launch date for the Monad token has not been announced, the crypto community is eagerly awaiting further details. Here’s what we know so far: The $MONAD token release date will be revealed soon. The airdrop listing date is expected to generate significant interest. The token price will be determined closer to the launch. Read also: PAWS Listing Date Revealed: Is Binance About to List $PAWS on February 27? Why You Shouldn’t Miss the $MONAD Airdrop The Monad blockchain has already proven its capabilities with 100 million transactions, a successful NFT gaming tournament, and a highly anticipated airdrop. Here’s why you should get involved: Free Tokens: Claim free $MONAD tokens through the airdrop. High Performance: Enjoy fast and low-cost transactions on the Monad blockchain. Massive Potential: The airdrop is expected to be one of the largest of 2025, offering a unique opportunity to earn free crypto. Final Thoughts The Monad blockchain is setting new standards in the crypto world with its speed, scalability, and innovative applications. Don’t miss your chance to be part of this groundbreaking project. Claim your $MONAD tokens today and stay tuned for more exciting updates from Monad! Stay Connected: Follow Monad’s official channels for the latest news on the airdrop, token launch, and upcoming events.
Bitget Lists Kaito (KAITO) with 50,000 KAITO Rewards
Bitget, a leading cryptocurrency exchange and Web3 company has officially announced the Kaito (KAITO) listing on its platform. Trading for the KAITO/USDT pair will begin on February 20, 2025, at 13:00 (UTC). What is Kaito (KAITO)? Kaito is an AI-powered Web3 information platform that integrates artificial intelligence and blockchain to create a decentralized social media ecosystem. It is designed to organize and streamline the vast amount of crypto-related information available today. The $KAITO token is the native asset of the ecosystem and acts as a fundamental pillar of the platform. Users can earn KAITO tokens by creating and contributing digital content, while KAITO holders influence how attention is distributed within the InfoFi ecosystem. Bitget’s CandyBomb Promotion – 50,000 KAITO Up for Grabs To celebrate the listing, Bitget is launching an exclusive promotional event, CandyBomb, which will offer 50,000 KAITO tokens as rewards. This initiative reflects Bitget’s ongoing commitment to supporting emerging blockchain projects and rewarding its community with exciting opportunities. How Bitget Supports Blockchain Innovation The listing of KAITO and the associated campaigns highlight Bitget’s dedication to fostering promising blockchain projects while connecting users with innovative ecosystems. By supporting projects like Kaito, Bitget continues to drive blockchain adoption and contribute to a more efficient and fair Web3 landscape. Bitget has expanded its market share in spot and derivatives trading as one of the fastest-growing cryptocurrency exchanges. The exchange offers over 800 cryptocurrency pairs and is set to expand beyond 900, providing access to multiple blockchain ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. Bitget – A Global Leader in Crypto Trading Founded in 2018, Bitget has become one of the world’s leading cryptocurrency exchanges and Web3 companies. With a global user base of over 100 million across 150+ countries, the platform remains committed to helping traders make informed decisions through its pioneering copy trading feature and other innovative trading solutions. Beyond its exchange services, Bitget Wallet (formerly BitKeep) is a top-tier multi-chain crypto wallet that provides various Web3 solutions, including wallet functionality, token swaps, an NFT marketplace, and a DApp browser. Bitget’s Strategic Partnerships & Crypto Adoption Initiatives Bitget is actively driving cryptocurrency adoption through strategic partnerships with globally recognized organizations. Through these collaborations, Bitget aims to inspire the global community to embrace the future of cryptocurrency and blockchain technology. Final Thoughts With the listing of KAITO, the CandyBomb promotional campaign, and its continued support for blockchain innovation, Bitget remains at the forefront of the cryptocurrency industry. As it expands its ecosystem, supports innovative projects, and builds strategic partnerships, Bitget is pivotal in driving mainstream blockchain adoption worldwide.
