The cryptocurrency market is showing activity with projects like Cardano and BONK poised for potential changes. Meanwhile, Cold Wallet is already gaining popularity thanks to its upcoming sale and listing on CoinMarketCap.
Cardano Prepares for a Breakout
Cardano is experiencing pressure below resistance at around $1.0136, tied to the 0.618 Fibonacci mark. A breakout above this level could quickly target prices of $1.1510 and possibly $1.3259 if the trend holds. Maintaining prices above $0.98 is crucial, as this may become a launchpad for further gains.
BONK Holds Key Levels
BONK is testing support around $0.00002500, closely aligned with its 50-day EMA at $0.00002563. This support level could act as a launchpad for growth if buyers hold it. Traders are observing a cup-and-handle pattern that remains in play, although confirmation is nearing a critical stage.
Cold Wallet on CoinMarketCap
Cold Wallet has already secured a listing on CoinMarketCap, which is a milestone most projects achieve only after debuting on an exchange. This listing facilitates legitimacy and draws attention from the crypto community. The current presale price is $0.00998, with a confirmed launch price of $0.3517. The project is currently in Stage 17 and has raised over $6.4 million.
Cardano and BONK remain on traders' radars but wait for technical confirmation for further moves. Cold Wallet, having achieved its listing on CoinMarketCap, is garnering attention in the cryptocurrency space, offering interesting opportunities for early investors.
