The price of Bitcoin $90,190 stands at $67,750, while altcoins continue to show positive trends. Today, many experts shared new target updates for various cryptocurrencies, including SOL, MASA, and ADA Coin. Peter Brandt also released his updated prediction for BTC. What are the expectations of experts regarding Cardano $0.574632, Solana $220, and MASA Coin?
Predictions for MASA and SOL Coins
New charts have emerged for MASA Coin, one of Michael Poppe’s favorite cryptocurrencies. As the BTC price exceeds $68,000, the appetite among altcoin investors has increased. Unlike previous attempts, the expectation for a continued rise is not unfounded, as BTC has created a higher low and is lingering at elevated levels.
Crypto analyst Poppe stated:
“MASA still looks great to continue. Staying above $0.06 seems reasonable, and then we will likely advance to $0.12-$0.14.”
Kyle focused on the on-chain data from the Solana network beyond price charts. He noted a 50% increase in transaction volume, stating that Ethereum $3,237 has fallen behind in this regard.
“The on-chain transaction volume for SOL surged 50% this week, reaching $51 billion, surpassing ETH’s $46 billion. Memecoins account for 40% of Solana’s transaction volume, with pumpdotfun alone making up 35% of total DEX activity.
Weekly token production has climbed to 110,000, with Solana achieving an impressive market share, increasing from 60% to 86%.”
Predictions for Cardano (ADA) and Bitcoin
Carl focused on ADA Coin, a popular smart contract platform, in today’s assessment. Currently at $0.35, this altcoin has been criticized for the sluggishness of its network development. However, Carl takes a more superficial view and targets $0.54 based on technical analysis.
“ADA Coin is about to break out of a symmetrical triangle! If ADA breaks upwards, the target is $0.54.”
Finally, Peter Brandt shared his update on the leading cryptocurrency today. Warning investors about the risk of bad surprises, the seasoned analyst wrote:
“The chance of a measured target working within an inverted expanding triangle is about 50%. If you say, ‘Only 50%, then what’s the use of charts?’ you probably shouldn’t be trading, as you lack a developed understanding of timing and asymmetry between reward and risk.”