The crypto market deleted its earnings at the weekend. Bitcoin and the main subcoins experienced sharp corrections. In the midst of uncertainty, several token, such as Ada Coin, attracted the attention of investors for various reasons. Crypto analyst Abiodun Oladokun, The market is closely taking care of these 3 tokens.
CARDANO (ADA Coin )
Ada Coin is another trend today. This is due to the fact that President Donald Trump is involved in a digital asset reserve as a part of crypto coins. After the proposed reserve was announced on March 2, the price of Ada Coin rose, while the upward trend has lost acceleration since then. It is currently traded for $ 0.80 and has dropped 22 %in the last 24 hours.
Power balance (BOP) data emphasize that the pressure of the decline in the island coin market revives again. During the article, this indicator compares the power of the buyers and sellers of an asset is -0.49. When the BOP of an asset is negative in this way, the pressure pressure is dominant. If this persists, the island coin price may extend the decrease and go below the support of $ 0.72. If this happens, the island can be traded at a low level of $ 0.60. However, an increase in the island demand will invalidate this decline forecast. In this case, the price of the crypto currency may rise to $ 0.94.
Ada Price Analysis. Source: TradingViewGoplus Security (GPS)
GPS is the local Token of Goplus, a user security network that protects a user’s entire process life cycle. Today, the giant crypto exchange Binance, Goplus Security (GPS) Hodler AirDrop is a trend for announcement of the Actcoin. Airdrop will be broadcast within six hours and then list Binance Altcoini. In addition, USDT, USDC, BNB, FDUSD and TRY will open the trading parity.
The upcoming AirDrop and listing expectation led to an increase in GPS trading activities. It is traded for $ 0.14 compared to the press time and recorded a 10 %increase in the last 24 hours. During this period, the transaction volume increased by over 300 %and reached $ 34 million. If this rise persists, the GPS may exceed $ 0.15 and increase to $ 0.18. On the contrary, if profit purchases gain acceleration, token may lose their last earnings and may drop to $ 0.13.
GPS Price Analysis. Source: Gecko TerminalHyperliquid (Hype)
Hype is one of the most sought -after subcoins today on the Hyperliquid Centered Stock Exchange (Dex) recently due to a significant recent whale activity. On Tuesday, a whale invested 2 million USDCs to Dex to Long, solana (left) and ordered multiple limits between $ 100 and $ 131.82. This led to a 25 %increase in the transaction volume in Hyperliquid and increased the interest in the Hype token.
However, Hype fell 15 %in the last 24 hours due to a wider market decline trend. As of this article, it is traded for $ 16,15 and demand is gradually decreasing. If this persists, HYPE may fall below $ 15.73 support and may decline to $ 10.44, the lowest level of all time. On the contrary, a positive change in market sensitivity can increase the price towards $ 19.89.
Hype Price Analysis. Source: TradingViewThe opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
