![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
As traders search for breakout opportunities, two well-known altcoins are showing renewed activity.
May 09, 2025 at 02:30 am
Pi Network is signaling early bullish momentum after months of decline, while Cardano continues to consolidate near $0.70
Two well-known altcoins are showing renewed activity as traders search for breakout opportunities. Pi Network is signaling early bullish momentum after months of decline, while Cardano continues to consolidate near the $0.70 support with strong accumulation and developer activity. Both assets are being watched for potential upside, but neither currently offers the kind of traction already visible in Dragoin (DDGN).
Now in stage 2, Dragoin has increased its token price to $0.0000335. The presale is still building steam, projecting a 6,700% ROI before the launch price of $0.002 is reached. With a live game already gaining massive traction, Dragoin is stepping into the breakout crypto spotlight, not just with hype, but with delivery.
Pi Coin Shows Early Bullish Momentum
After a decline from a high of $1.69 to a low of $0.57, Pi Coin has begun forming what technical analysts view as a potential bullish base. The price has narrowed into a tighter range between $0.55 and $0.73, signaling market indecision. However, indicators like MACD and RSI have started to shift. The 12-day EMA has crossed above the 26-day EMA, typically an early bullish sign.
Momentum indicators such as the Money Flow Index also suggest rising accumulation, particularly among mid-sized wallets. Social sentiment has begun stabilizing after a volatile April, further supporting the possibility of a near-term reversal. Analysts stress that confirmation is still needed, but the convergence of technical signals is drawing attention to Pi as a possible short-term mover.
Cardano Holds $0.70 Support As Accumulation Rises
Cardano (ADA) maintained consolidation near the $0.70 support level, following a breakout from the $0.60 range earlier this month. While trading volumes remain subdued, a surge in developer activity and historical accumulation patterns are reinforcing ADA’s long-term potential. Cardano has now surpassed Ethereum in core GitHub commits, recording over 21,000 in the past year.
Market data shows $379 million in ADA was accumulated over seven consecutive weeks, a number that significantly exceeds historical cycles. This level of buyer interest represents a growing vote of confidence in Cardano’s fundamentals, despite mixed short-term price momentum. Whether this translates into a breakout depends on renewed usage and network adoption but the technical structure is giving analysts reason to keep watch.
Dragoin’s Presale Brings The Fun In Crypto
Unlike Pi and Cardano, which are showing technical recovery or waiting for usage to catch up to development, Dragoin is already delivering. Its stage 2 presale price of $0.0000335 has rewarded early supporters and still attracts new participants with a target launch price of $
Disclaimer:info@kdj.com
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin (BTC) and Altcoins DOGE, XRP, ETH and SOL Cross Above Ichimoku Cloud, Signaling Bullish Breakout
- May 09, 2025 at 09:25 pm
- This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. About two weeks ago, I discussed bitcoin's (BTC) bullish breakout above a technical resistance called the Ichimoku cloud and potential for a rally to $100,000. This week, the cryptocurrency obligingly surged into six figures.
-
- The cryptocurrency market is entering a new phase of bullish momentum
- May 09, 2025 at 09:25 pm
- Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and Toncoin (TON) are showing strong upside activity. These four digital assets have not only surged in price but also witnessed substantial spikes in trading volume.
-
-
-
-
-
-
-