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Cryptocurrency News Articles
Despite Recent Market Recovery, The Cardano Price Has Failed to Break Out
May 17, 2025 at 06:30 pm
Despite recent market recovery, the Cardano price has failed to break out from a key threshold and remains in the sideways consolidation phase.
Despite recent market recovery, the Cardano price failed to break out from a key threshold and remains in the sideways consolidation phase. While ADA has established a short-term uptrend, the price action is relatively weak and fragile considering the wider market momentum.
However, a new player, Unilabs (UNIL), is rapidly changing the landscape of DeFi investments with its AI-powered fund manager. This emerging utility-driven project is making waves in the crypto market with its rapid token presale.
The new crypto has attracted more demand than ADA in the past week and shows potential to outperform the Cardano price in the coming bull run. Let’s understand why early participation in this growing project can prove to be the best crypto play of 2025.
Cardano Price Prediction: Will ADA Breakout Or Continue Sideways?The Cardano price was highly volatile after its last rally and remained so for the first quarter of 2025, trading in a broad sideways range between $0.58 and $1.16. Despite volatility, the overall trend was a downtrend as ADA dropped over 60% during this period.Image courtesy: TradingView
As the market sentiment shifted in favour of bulls last month, the Cardano price regained momentum and recovered steadily in an uptrend channel. Rising within this channel for nearly forty days, ADA has gained 50%, currently trading at $0.78. Last week, Cardano reached the crucial resistance at $0.84, but failed to breakout.
ADA has declined 7% from this swing high over the past few days, and the bullish pressure is wavering, raising uncertainty about continuing this short rally. As Cardano consolidates between the $0.74 support and $0.84 resistance, the next move depends on whether bulls or bears control these key levels.
Unilabs (UNIL): Grab Early Investment Opportunities In Time With AIWhile the Cardano price shows weak action in an uptrending market, investors are shifting funds to successful early-stage opportunities like Unilabs that show potential to generate huge returns as we enter a bull cycle.
Unilabs is taking an innovative approach to a long-standing problem retail crypto investors face — limited access to high-leverage potential projects in their initial stages. This AI-powered asset management platform controls over $30.4 million in AUM as of Q2 2025, providing users with unprecedented automated fund baskets.
The AI invests each user’s deposits into their fund of choice and delivers high yields as periodical dividends directly into their linked wallets. It perpetually analyses real-time on-chain market data and rebalances the fund allocation into the top-performing assets to consistently provide the best possible returns.
Unilabs’ secure and decentralized Self-Custodial Asset Vault gives users complete ownership of their digital assets. Powered by blockchain-grade encryption for maximum protection, the vault enables users to securely maintain their capital without depending on third-party custodians.
The native token, UNIL, is a core component of Unilabs’ ecosystem. The live presale for UNIL has already reached stage two, and the token’s value has increased from $0.004 in stage one to the current price of $0.0051. With this surge, early adopters are already at 21.5% profit, and new investors can also make similar gains as the presale progresses to further rounds.
ConclusionThe crypto market has entered a bull cycle, but the Cardano price rally has stalled near a crucial resistance level. While ADA may resume upward, Unilabs investors are reaping the benefits with the presale price hikes.
Unilabs is solving a critical issue in the market and provides an impressive real-world use case, which positions the project for immense growth and a huge market cap. With a boost from the ongoing bull run, UNIL can grow to be among the top 50 cryptos, which would provide presale investors with multi-fold returns.
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The post Cardano Price Fails to Breakout From Key Threshold as Another Token Soars in Presale appeared first on Benzinga.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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