Cardano price confirms falling wedge breakout, targets upside to $0.32

Internet Computer price extended its explosive rally this week, climbing nearly 70% over the past seven days as investors increasingly bet on the project’s push into decentralized cloud infrastructure and AI-focused blockchain services. According to data from crypto.news, Internet Computer…

After months of heavy consolidation, BNB is finally showing signs of expansion as price pushes back into a key resistance zone. The market now sits at a pivotal stage where a successful breakout could ignite a stronger rally, while failure to hold momentum may lead to another rotation within the broader range.  BNB Nears Completion Of Key Corrective Structure BNB appears to be in the final stages of a corrective sequence on the daily timeframe. According to Elliott Waves Academy, the market is navigating a connecting wave X, which serves as a bridge between two larger corrective movements. This structure indicates that the broader sideways-to-downward trend remains intact for now. Related Reading: Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum The bearish outlook is defined by a W-X-Y pattern, where the initial wave W decline is already complete. The current wave X acts as a continuation pattern that aligns with the previous trend, suggesting that any recent upward mov

The post Cardano Ecosystem Gets Critical Upgrade Alert Amid New Node Release: What to Know appeared on BitcoinEthereumNews.com. Upgrade alert issued Cardano price In a new tweet, Intersect, a member-based organization in the Cardano ecosystem, shared a recent upgrade status about the Van Rossem hard fork. Intersect noted that momentum toward the intra-era Van Rossem hard fork continues across node, infrastructure, and ecosystem coordination, with the Preview now moved into the first live governance-driven activation stage. You Might Also Like Veteran Trader Peter Brandt Calls ‘Major Bottom’ for SUI 3 Reasons Why Hyperliquid (HYPE) $50 Rally Failed, Bitcoin (BTC) Has No Fuel Left, Toncoin (TON) Critical Market Correction Begins: Crypto Market Review A highlight of the report is the Node 11 release, with the preview environment forked early on May 8. Intersect stated that Node v11.0.1 is now fully released and mainnet hard fork-ready. Upgrade alert issued With the Node v11.0.1 now fully

The post SUI Price Prediction: SUI Climbs 33% as Bulls Target $1.50 Breakout Zone appeared on BitcoinEthereumNews.com. SUI holds above key support as bulls target another breakout toward $1.50 Rising open interest signals renewed speculative momentum returning to SUI Balanced spot flows suggest selling pressure across SUI continues easing Sui (SUI) continues strong bullish momentum despite a recent pullback from its local high near $1.46. It currently trades at $1.26, posting an 11.78% daily gain and a 33.71% weekly increase. Trading volume stands at $2.87 billion, showing strong market participation and renewed interest. Additionally, market capitalization reaches $5.03 billion, highlighting expanding investor confidence. Bulls Defend Key Support After Sharp Rally SUI recently faced rejection near the 0.786 Fibonacci level after touching highs around $1.46. However, buyers quickly defended the pullback, preventing a deeper correction from developing. The current structure still favors

The post Will Pi Network price drop back to $0.15 as it forms bearish divergence? appeared on BitcoinEthereumNews.com. Pi Network price remained under pressure on Monday as weakening momentum indicators and growing concerns surrounding upcoming token unlocks raised the risk of another decline toward the $0.15 support zone. Summary Pi Network price traded near $0.173 after failing to sustain its recovery from March highs around $0.30 amid weakening market momentum. Upcoming Pi token unlocks and increasing circulating supply have raised concerns about additional selling pressure in the near term. Technical indicators, including a bearish MACD divergence and Supertrend sell signal, suggest PI could retest support near $0.15 if current weakness persists. According to data from crypto.news, Pi Network (PI) traded around $0.173 at press time on May 11, struggling to sustain the recovery attempt seen late last month. The token has now fallen sharply from its March peak near $0.30 and continue

Pi Network price remained under pressure on Monday as weakening momentum indicators and growing concerns surrounding upcoming token unlocks raised the risk of another decline toward the $0.15 support zone. According to data from crypto.news, Pi Network (PI) traded around…

The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com. ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.

BNB price climbed toward the $660 level after breaking above a multi-month descending triangle resistance, with traders increasingly positioning for a larger upside move toward the $785 region. After briefly dipping near $627 earlier this month, BNB (BNB) price rebounded…