Some projects in the cryptocurrency market are showing signs of strength, while others are under pressure. Cold Wallet is gaining attention, while Toncoin and Ethena are in different conditions.
Ethena: Prospects for an 89% Rise
The popular asset Ethena shows technical signs suggesting a possible rise to $1.33. Familiar patterns are forming on the charts—a falling wedge and a double bottom—reminiscent of a previous 89% rally in 2024.
Toncoin: Support at $2.93
The current situation with Toncoin appears more concerning. Daily price dropped by 3.63%, reaching $3.26 which makes investors closely watch the support level at $2.93. Increased trading volume signals rising sell-side pressure.
Cold Wallet: Attention from Major Investors
Cold Wallet ($CWT) presale has attracted major players, raising over $5.7M and selling more than 643.72 million coins across 16 stages. The active purchases by large wallets indicate growing interest and trust in the project.
In recent days, the cryptocurrency market has shown diverse trends. Ethena and Toncoin are facing downturns, while Cold Wallet continues to attract attention through active purchases. These movements highlight the importance of monitoring market conditions and investor sentiments.
