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COINTURK NEWS > Technical Analysis > Cryptocurrency Takes Center Stage with Exciting Price Movements
Technical Analysis

Cryptocurrency Takes Center Stage with Exciting Price Movements

In Brief

  • Cryptocurrency market remains quiet over the weekend amid no Trump-Xi call.

  • BNB, MINA, AVAX, and ADA show potential for significant price movements this week.

  • Key levels for each coin indicate potential support for upcoming market trends.

Fatih Uçar
Fatih Uçar 4 weeks ago
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The leading cryptocurrency is being traded at $103,850, indicating a quiet day in the crypto market, particularly as weekend expectations foretold. The anticipated phone call between Trump and Xi did not occur, resulting in no upward movement. However, the week ahead promises action for cryptocurrencies like BNB, MINA, AVAX, and ADA, leaving enthusiasts eagerly anticipating market predictions and developments.

Contents
BNB and MINA Coin InsightsAVAX and ADA Coin Insights

BNB and MINA Coin Insights

For BNB Coin, the $630 level holds critical importance and remains well-guarded. Renewed hopes surrounding bullish markets support Binance, translating into a multiplier effect on BNB Coin. The price’s weekly chart showcases large top wicks, reflecting the excitement seen today and during previous periods.

For further price elevation and potential new all-time highs (ATH), the $675 and $690 levels are pivotal. Successful bulls may prompt a BTCD contraction, aiming to turn $743 support into targeting the last ATH of $795 and beyond, potentially achieving four-digit prices.

MINA Coin reverts to the $0.25 level. The project underwent significant transformation, expediting product development, and suggesting the current price might still be attractive for more good news potential this year. On the flip side, reclaiming the $0.38 support is crucial. Although the recent attempt failed, BTC maintaining six-digit levels and ETH aiming for $2,700 provide motivation. The potential rise may target $0.3 and $0.346, subsequently reaching $0.5. Regaining this final threshold paves the way for swift bottom rebounds and journeys to peaks above $1.

AVAX and ADA Coin Insights

AVAX preserves the $22.18 rise base. Although recent fluctuations indicated a dip, maintaining this crucial area supports the $30.7 peak. Such altcoin volatility suggests that a strong rise phase hasn’t commenced yet, but ETH price recovery could signal general rally onset.

Finally, ADA Coin bounced off the $0.86 resistance. Constantly revisiting the significant $0.73 area has proven its robustness. Absent any significant negativity in the new week, fresh peaks between $0.86 and $0.91 may be achievable.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 18 May, 2025 - 2:32 pm 18 May, 2025 - 2:32 pm
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