The cryptocurrency market is experiencing significant volatility, with major altcoins such as Cardano and Worldcoin facing declines, while Web3 ai shows steady growth.
Cardano: 13% Drop
This week, the price of Cardano (ADA) fell by 13.4%, reaching around $0.60. This decline occurred despite the fact that the number of wallets on the platform grew to 5.4 million, with over 400,000 new wallets added over the past six months. Indicators show weak momentum: the relative strength index (RSI) stands at 33.39, and the price remains below key moving averages. Nevertheless, the $0.60 support level is being retested, and there is a possibility that the price could rebound.
Worldcoin: Slips Below Key Support
The price of Worldcoin (WLD) has fallen below $0.91, considered a critical support level. Declining buying interest is accompanied by a reduction in open interest, indicating less trading activity. Technical indicators also exhibit weakness: the RSI is around 34, and the MACD remains negative. Without a significant event or momentum shift, WLD may continue to slide.
Web3 ai: $8.6M Presale Success
Web3 ai is demonstrating steady growth, having raised over $8.6 million in presale and sold 22.7 billion tokens. The interest in the project has been driven by its user-friendly interface and functionalities that combine asset management and risk management in one platform. The presale is priced at $0.000443, with the listing expected at $0.005242, promising a potential return of 1747%. The project's focus on solving user problems is earning it attention ahead of its launch.
The cryptocurrency market continues to present challenges. Cardano and Worldcoin are facing price declines, while Web3 ai shows positive results due to increased interest and substantial investments. These trends highlight the importance of timely response and adaptability in uncertain market conditions.
