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The Altcoins point to a bullish breakup as Bitcoin approaches the USD 100K milestone

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  • ETH points to USD 3,200 after breaking the lines of trend.
  • Sol points to a USD 230 range with a bullish configuration.
  • Doge rises more than $ 0.18 as retail interest grows.

    • An important change in the cryptocurrency market is being developed as Bitcoin approaches the USD 100,000 psychological brand, which causes renewed attention to the Altcoins.

    With Bitcoin’s domain starting to decrease, market participants are observing a wave of bullish technical signals in the main Altcoins.

    Coins such as Ethereum (ETH), Solana (Sol), Dogecoin (Doge) and Near protocol (Near) are leading what analysts believe that they can be the early stages of an extended rupture cycle of Altcoins.

    The change occurs after months of lateral movement both in Bitcoin and in alternative digital assets.

    Traders are interpreting recent consolidations in key altcoins as signs of accumulation.

    With the bullish graphic patterns that are being formed in higher time frames, the configuration for a generalized break seems to be strengthening.

    Bitcoin’s rebound triggers the interest of the Altcoins

    The constant increase in Bitcoin has captured world holders, but under the surface, there is a quieter transition.

    Market observers are noticing a drop in the Bitcoin domain, the measure of Bitcoin’s participation in the total capitalization of the cryptocurrency market, indicating that the capital is rotating towards the Las Altcoins sector.

    This development is aligned with the patterns observed in previous cycles, where Bitcoin recovers first and is followed by huge earnings in cryptocurrencies of less capitalization.

    As a result, several important tokens are now trying to exceed the long -term resistance levels that have been intact since the last bullish race.

    ETH, Sun and Doge show price strength

    Ethereum (ETH), the second largest cryptocurrency for market capitalization, has exceeded the key trend lines and now points to the USD 3,200 area.

    The movement is supported by technical indicators that point to an increase in impulse and volume accumulation.

    Solana (Sol), which has recovered strongly since the late 2024, now points to the USD 220 to USD 230.

    After bouncing from the main support areas, Sol has formed a reverse pattern of head and shoulders in the daily chart, which suggests a sustained bullish impulse.

    Meanwhile, Dogecoin (Doge), one of the most viewed memecoins, has risen above USD 0.18, a key resistance level from its maximums of early 2024.

    Doge’s rise is supported by the growing interest of social networks and the increase in the volume of retail operations, both considered speculative impulse indicators.

    Near, Kas, ada in rupture areas

    Near protocol (Near) and Kaspa (Kas) are also showing bullish configurations.

    Near has left a consolidation of months and is showing signs of institutional interest.

    The technical analysis reveals a rupture of a symmetrical triangle, which often precedes a strong continuation movement.

    Kaspa (Kas), known for its blockdag technology and its high transaction performance, is forming a classic bullish flag.

    If confirmed, the pattern could point to rapid acceleration of prices from current levels.

    Cardano (ADA) and Sonic (s) exhibit similar accumulation patterns.

    ADA is currently testing the higher trend lines, while Sonic recently completed a new test and a successful break.

    These movements suggest that Altcoins are now trying to recover a significant part of their losses in the bearish market, and analysts point out the potential of rebounds of 100-250%, if the feeling is maintained and Bitcoin remains above the critical levels.

    Technical data support an upward cycle

    The last rebound of the Altcoins is not merely speculative. It is supported by technical confirmation in higher temporal frames, including weekly graphics.

    Patterns such as the cup and the handle and the head and the inverse shoulders have been formed in several main tokens, a common characteristic during the early stages of the upward cycles.

    The broader involvement is that the Altcoins could go back around 60% of their previous losses if the impulse of the market continues to improve.

    With Bitcoin approaching the $ 100,000 brandthis change in liquidity towards the Altcoins could mark the beginning of a new wave of capital entries in the cryptocurrency market in general.

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    Hbar’s price falls 3.4% as RSI and Bop indicators point to greater sales pressure

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  • The RSI stands at 44.62.
  • The balance of power indicator returns a negative reading of -0.23.
  • The following key support is 0,150 dollars; The resistance is 0.185 dollars.

    • The native token of Hedera, Hbar, is showing signs of intensification of the bearish impulse, since technical indicators such as the relative force index (RSI) and the balance of power (BOP) suggest a growing domain of vendors in the market.

    The price of the Token has fallen 3.4% in the last week, now quoting at 0.1703 dollars, below its maximum of April 0.1747 dollars.

    This fall has left Hbar struggling to stay above the key support levels, with the RSI reading in a worrying 44.62 in the one day graph.

    Fountain: Coinmarketcap

    The RSI, a key impulse indicator used to evaluate whether a cryptocurrency is overcompraded or oversized, operates on a scale of 0 to 100. A RSI value below 50 usually reflects a weakening of the price impulse.

    In the case of Hbar, the fact that its RSI falls below the neutral brand of 50 and has a downward trend indicates a growing sales pressure.

    Unless there is a strong upward movement, the current trend can reinforce new declines.

    Power balance reading becomes negative

    In addition to the RSI, the Hbar power equilibrium indicator has become negative, with a reading of -0.23 from the latest data.

    The balance of payments compare the relative force of buyers and sellers for a defined period of time.

    A negative reading of the balance of payments means that sellers are currently more dominant, which could even weigh the Hbar price in the next few days.

    When the balance of payments remains in negative territory during a bearish trend, it reflects a continuous bearish feeling throughout the market.

    Combined with the low HBAR performance in other indicators, this suggests that buyers are currently marginalized and may need a strong trigger, such as a rebound throughout the market or an important development in the Hedera network, to recover the impulse.

    The price quotes below the key trend line

    Hbar has also fallen below a descending trend line, which reinforces the bearish configuration.

    A line of descending trend is drawn by connecting lower maximums for a period, indicating a constant downward pressure on the price.

    If Hbar fails to break this line up, the trend can be maintained.

    This formation has kept the token blocked on a descending channel for several weeks.

    While the price action remains below the trend line, technical traders can see this as a signal to sell or sell the asset in short.

    In the event that the descent continues, the next key support level is close to USD 0.150.

    A rupture below this level could pave the way for new losses unless a strong demand emerges again.

    What Hbar needs for recovery

    While the technical panorama is still weak, some factors could help change the impulse in favor of Hbar.

    A rupture above the line of descending trend, if accompanied by an increase in volume, could initiate a reversal and allow the Token to point to a recovery towards USD 0.185.

    This level represents a key resistance zone, previously tested at the end of April.

    However, for that to happen, Hbar needs to see a renewed interest of investors, either for positive developments in the hedera ecosystem or a broader recovery in the Altcoins market.

    Without a significant catalyst, the impulse indicators of the Token continue to suggest short -term bearish conditions.

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    Cardano price prediction: Are the Alcistas de Ada to the point of recovering $ 1?

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    • Cardano’s price rose 11% as the broader cryptocurrency market became bullish.
    • Ada recovered when Bitcoin exceeded $ 94,000 and the main Altcoins jumped.
    • The technical panorama suggests that the bullies could point to 1 dollar in the short term.

    The price of Cardano (ADA) has risen, while most Altcoins benefit in the middle of a generalized rebound in the cryptocurrency market.

    The price of Ada has joined other important altcoins in the wave of bunder impulse, with its value exceeding $ 0.70. On Wednesday, April 23, the price of Cardano registered an increase of 11%. The volume increased more than 75%, exceeding $ 1,000 million.

    The technical panorama is promising and the on-chain metrics point to growing confidence among investors. With positive financing rates and an increase in bullish bets, the question is whether Ada’s bulls can boost the price again to the psychologically significant brand of $ 1.

    Chain data and ada price perspectives

    On-chain data reveal a strong upward trend towards Cardano, driven by whale activity. These have significantly increased their ADA holdings during the last month.

    The main cohorts now have more than 12,670 million, a massive accumulation that has occurred in the middle of the last price drop. As the whales take advantage of the price drop, promoting investor confidence, Cardano seems to be about to explode.

    This optimism is reinforced by the relationship between long and short positions Coinglass Ada which is located at 1.06. This is the relationship between long and short higher positions in Cardano in more than a month.

    A relationship superior to one indicates that more operators bet on price increases, which reflects a upward feeling of the market.

    Financing rates also indicate a growing bullish impulse. Ada’s financing rate changed positively and is now 0.0096%, its highest level since February 22.

    In the market, positive financing rates, where long positions pay for shorts, usually indicate a bullish feeling, since more operators anticipate price increases. This contrasts with a negative rate, which would suggest bearish expectations.

    The current positive rate, combined with the increase in open interest, underlines the growing confidence in ada price recovery potential.

    Can adapt the 1 dollar barrier?

    From a technical perspective, Cardano’s price is encouraging. After finding support in 0.50 $ on April 7, Ada rose 21 % during the next two weeks.

    It currently lies above the key level of 0.67 $. If the bundles maintain this impulse and exceed $ 0.71, ADA could point to the weekly resistance of $ 0.75, with $ 1 as the next important milestone. The relative force index (RSI) in 56, with a trend above the neutral level of 50, further reinforces this upward perspective.

    Cardano price chart of tradingview

    However, risks persist. A daily closure of candles below the minimum of Monday of $ 0.61 would invalidate the upward thesis, which could take Ada back to the support level of $ 0.50.

    The combination of whale accumulation, positive financing rates and a solid technical analysis suggests that Cardano’s bulls are preparing for a rise to $ 1, but operators must be kept attentive to any reversal signal.

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