TheCryptoUpdates
Press Release

Cardano (ADA) Breaks Bearish Sentiment With 40% Monthly Gains, PEPE Inflows Push Unilabs to $700K Raised

Cardano (ADA) Breaks Bearish Sentiment With 40% Monthly Gains, PEPE Inflows Push Unilabs to $700K Raised

While ADA and PEPE holders have enjoyed a notable period in the volatile market, it’s about time the attention shifts to newer projects with stronger fundamentals. Unilabs (UNIL) is becoming the talk of the town for its explosive gains and cutting-edge investment protocol that delivers exceptionally high growth with its AI-backed data analysis and in-depth trading signals.

Cardano Price Analysis Amid Charles Hoskinson Controversy

Cardano (ADA) is maintaining its key support level around $0.74 despite serious allegations against its founder, Charles Hoskinson. The Cardano price has shown resistance against the growing controversy, with a 1.4% surge in the past 24 hours while experiencing a 5.6% decline over the past week.

The Cardano price is currently trading at a point that sits roughly 75% below its all-time high of $3.09, which was reached in September 2021. Technical indicators suggest ADA is in a consolidation phase. The relative strength index of 51.7 indicates neutral momentum, while the MACD shows a negative crossover with minimal upward pressure, presenting a bearish outlook.

Source: CoinGecko

The 10-day and 20-day moving averages (both EMAs and SMAs) are currently acting as resistance points for the Cardano price, suggesting short-term selling pressure in the market. However, the 30-, 50-, 100-, and 200-day moving averages provide longer-term support for ADA, which continue to trend upward.

Unilabs Positioned To Rally By 10x This Q3 And Dominate Cardano

Unilabs (UNIL) is gradually progressing toward higher ranks in the crypto market with its insane trading tools and insights from an advanced AI algorithm. This next-generation investment protocol has gained over $30.7 million in assets under management (AUM) and continues to expand into a larger body as more and more ADA and PEPE holders join the platform.

While the Cardano price and PEPE rally have reignited excitement among short-term traders, Unilabs is shifting the spotlight with its massive presale rally for investors in for the long play. Its explosive growth in the last two weeks has completely shifted the attention from crypto giants, with senior analysts speculating a breakout from Unilabs before Q3 kicks in.

PEPE Price Prediction Signals Rally: Best Memecoin This Cycle?

PEPE coin is currently displaying strong bullish momentum, with price action resembling the build-up to a potential breakout. Despite recent market volatility and manipulative dips, PEPE has shown resistance, bouncing back from key support levels and maintaining upward pressure. The key price level to monitor is $0.000012, which currently acts as support.

If it holds, especially amid growing optimism around Bitcoin potentially reaching new all-time highs, PEPE could continue climbing. While its monthly gains remain impressive at around 77%, short-term fluctuations have seen minor dips, suggesting a need for consolidation for PEPE before any further upward momentum.

Source: TradingView

Technical patterns show that PEPE has broken out of an ascending channel and followed through with a bullish recovery. If PEPE can maintain this consolidation phase, there’s potential for it to form a new upward channel. However, any dramatic price movement such as a 2x or more from current levels would require a major surge from PEPE to reach previous highs.

Unilabs Overshadows Cardano Price Rally With Massive Inflows

While ADA holders showed stronger network activity in the market, Unilabs Finance (UNIL) has knocked out this giant from the league by delivering massive inflows in its ongoing presale rush. According to on-chain data, Unilabs’ DeFi asset manager has bagged over $766,000 in less than 2 weeks of going live in the trillion-dollar crypto market.

Unilabs accommodates diverse investor profiles and strategies by offering four unique fund options, with each leveraging top-tier expertise and AI-driven insights. Its funding options include AI Fund, BTC Fund, RWA Fund, and Mining Fund to help traders make the most of the crypto market and benefit from these funding options and upscale portfolios.

Conclusion:

While the Cardano price surge may have attracted ADA holders, the majority of investors and analysts are betting big on Unilabs’ (UNIL) fast-selling presale frenzy. It’s ideal for traders just stepping into the market to explore Unilabs, as it could be a golden ticket opportunity to 10x gains before Q3.

Discover More About Unilabs:

Presale: https://www.unilabs.finance/

Buy Presale: https://buy.unilabs.finance/

Telegram: https://t.me/s/unilabsofficial

Twitter: https://twitter.com/unilabsofficial

Loading

Related Articles

JIL TOKENS Simplifies Cryptocurrency Transactions For The Non-Technical User

Kesarwani

Price Prediction In February: Steller, Dogecoin and Remittix

Jack

Three Major Factors That Will Divert Solana’s (SOL) Price As Mutuum Finance (MUTM) Emerges As The Solution To DeFi Lending

Jack
Close No menu locations found.