The cryptocurrency market is exhibiting mixed dynamics: Cardano (ADA) has dropped by 13.4% despite user growth, while Uniswap (UNI) has surged in price. Web3 ai’s presale is gaining popularity, surpassing the $8.6 million mark.
Cardano Declines Despite On-Chain Growth
Cardano (ADA) added over 400,000 new wallets in the last six months; however, its price has dropped by 13.4%, falling from above $0.70 to around $0.60. Although trading volumes remain solid above $700 million, market sentiment stays optimistic, placing ADA at 7th on CoinMarketCap. Still, the charts are indicating bearish signals. The Relative Strength Index (RSI) has fallen to 33.39, nearing the oversold mark, while both MACD and Momentum indicators stay negative. Most key moving averages sit above the current price range. If ADA fails to hold $0.60, the next support is at $0.57. For recovery, ADA needs to regain $0.62 and then try for $0.66.
Uniswap Surges with Strong Bullish Setup
Uniswap (UNI) continues its bullish trend, now trading above $7.46 after a 70% recovery from an April low of $4.55. This rally is one of the strongest since early 2023, with price gains in seven of the last eight weeks. After facing repeated resistance, UNI has managed to break key levels and shift sentiment to bullish. The range between $7.14 and $7.17 is now solid support, with quick buying seen after minor dips. Despite some profit-taking near $7.52, UNI remains strong. If it moves past $7.60, that could signal an even stronger upside trend.
Web3 ai Presale and Its Prospects
Web3 ai stands out as a leading crypto player with its blend of utility and AI-backed features. The project's presale has surpassed $8.4 million, with over 23.7 billion tokens sold so far. The rising numbers point to growing demand and confidence in the project. The platform simplifies crypto trading for everyone, offering a variety of AI tools to assist with real-time decisions. It flags suspicious coins, tracks risks, and enables users to manage their portfolios without spending hours on charts. Features include a Portfolio Optimiser that automatically rebalances assets and a DeFi Yield Farming Advisor that locates top-performing farming options, all within a single user-friendly dashboard.
While Cardano's expanding user base is impressive, its weak charts may limit short-term gains. Uniswap shows momentum and may continue higher if it clears the $7.60 mark. Meanwhile, Web3 ai presents the best case for early-stage potential, boasting practical tools and already crossing $8.6 million in presale.
