Home  >  Article  >  Cardano (ADA) and Celestia (TIA) Price Stays Bearish, Rally Possible?

Cardano (ADA) and Celestia (TIA) Price Stays Bearish, Rally Possible?

PHPz
PHPzOriginal
2024-06-20 19:50:11811browse

The crypto market is at a stand still now as top crypto coins like Cardano and Celestia try to break out from bearish grip.

Cardano (ADA) and Celestia (TIA) Price Stays Bearish, Rally Possible?

Top crypto coins like Cardano and Celestia have been trying hard to break out from the bearish grip for a long time now. Both tokens are trading in the red zone on the weekly and monthly timeframes with little signs of recovery soon.

As a result, investors are moving to a new crypto ICO called Angry Pepe Fork. Analysts are bullish about this project and forecast a major uptrend in the coming weeks.

Here's a closer look at both cryptocurrencies and the new coin that's catching investors' attention.

Cardano (ADA) Price Stays Bearish, Rally Possible?

While the bearish pressure in the crypto market has pushed Cardano (ADA) into the red region, it remains resilient on the yearly chart. With a YTD gain of 52.7%, the altcoin has kept the hope of investors alive as they tread this perilous time.

However, on the weekly and monthly timeframes, ADA is still trading at a loss. The coin could not survive the market sell-off and dropped by 11.3% over the past seven days, trading at $0.33 at the time of writing.

On the other hand, upcoming events like the Chang hard fork could bring positive sentiment to the Cardano market. A crypto analyst has said they are bullish about the altcoin and the trajectory it could take in the future. They posted a chart showing Cardano rising to $0.51 in the next trading sessions.

Celestia (TIA) Suffers Huge Losses

Unlike Cardano, which has profit on the yearly timeframe, Celestia (TIA) is red on all timeframes. Despite being one of the top crypto coins in the market months ago, it has not been able to recover from the downtrend.

The coin started the year trading at $13 and has lost over 80% of its value since then. It dropped further in the past few weeks and hit a low of $1.9 on August 22. However, TIA has recovered slightly since then and is now trading at $2.3, up 10% in the last 24 hours.

Some analysts remain optimistic about Celestia and predict a rally to $11 and then $12 in the coming weeks. Ehsan_karbin supports this forecast and even sees a more bullish movement to $14.50. Only time will tell if this is possible.

Angry Pepe Fork (APORK): The New Refuge for Cardano and Celestia Traders

While the rest of the crypto market is in chaos, market experts have picked out one altcoin that could help investors regain their losses. This new coin is Angry Pepe Fork (APORK).

As a Solana-based and utility-focused memecoin, APORK plans to surpass top crypto coins like Cardano and Celestia. The project has added a staking option for its massive user base.

Users get more income by staking for more days. The 30-day staking choice is for beginners, 60 days for veterans, and 90 days for top earners. Those with longer staking periods earn more than those with short ones.

Also, Angry Pepe Fork seeks to defeat rivals and become one of the top meme coins, offering real-world utility. Through its army, players show off their battle skills by crushing zombie meme coins and fighting renegades. The more zombies are crushed, the higher the staking profits.

Users receive extra awards for battlefield bravery and brilliance. Zombie killers receive free $APORK tokens and medals.

Investors can buy platform native token $APORK at $0.014. With the platform discussing further features with possible partners, Angry Pepe Fork's future looks bright. Experts expect the coin to rise 250% during the presale and 350% after its exchange listing.

News source:https://www.kdj.com/cryptocurrencies-news/articles/cardano-ada-celestia-tia-price-stays-bearish-rally.html

The above is the detailed content of Cardano (ADA) and Celestia (TIA) Price Stays Bearish, Rally Possible?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn