The first quarter of the year has been challenging for cryptocurrency markets, with altcoins rebounding from lows influenced by Trump’s tariffs. This has resulted in a tough bear market for traders, as many cryptocurrencies have faced mass delistings from major exchanges like Binance. Nevertheless, interest in leading cryptocurrencies such as ADA and AVAX continues to thrive.
ADA Coin and AVAX Insights
After dipping to $0.514, ADA Coin has risen above $0.63. This price level marks a key point where the previous upward momentum gained traction. Should optimism in overall market sentiment persist, a movement towards the $0.70 support level appears likely.
Following this potential increase, new highs between $0.829 and $0.98 could be achievable. Conversely, a scenario where prices test back at $0.60 and $0.58 is also possible. Previous analyses indicated that closing below $22 could lead to dips between $17.5 and $15. In an oversold environment, AVAX fell to as low as $14.75.
Currently, with AVAX closing above $17.5, it may surpass $20, reaching new highs between $23.6 and $25.
Pi Coin and Ethereum (ETH) Analysis
Pi Coin recently dipped below $0.40 but has since stabilized above $0.75. If the market appetite continues to grow, it could rise back above $1. Analysts have even commented on a $1.6 target, despite some negative sentiment affecting interest. However, the community’s strength is visibly reflected in the charts, allowing for continued optimism.
Nonetheless, discussions on transparency should not overlook long-term risks. The $0.805 level is crucial, and closing above this could recover the support needed for a rise to $1.17. Following this, rapid upward movement is anticipated.
After a prolonged period, Ether has set a new low at $1,385. While BTC remains above its 2021 all-time high, ETH continues to show sluggish recovery. Strong closures above $1,690 are essential to regain the critical support level of $1,820. Without this, the prevailing weakness might persist.
