Cardano Approaches Key Resistance Amid Bullish Momentum Cold Wallet Offers 35X Presale Discount BONK Tests 50-Day EMA as Technical Outlook Remains Tenuous

Cardano (ADA) is currently positioned at a key technical juncture as it approaches a critical resistance level near $1.0136, coinciding with the 0.618 Fibonacci retracement level [1]. A successful breakout above this zone could open the path to $1.1510 and potentially $1.3259 if bullish momentum is sustained. Meanwhile, ADA remains above $0.98, a level that analysts suggest serves as a crucial support area and potential launchpad for further gains. However, a pullback below $0.95 could trigger a retest of the $0.94 zone, which may stall upward momentum. High volume and positive derivatives data suggest continued interest, but the narrow window for action remains a key factor for traders tracking Cardano’s price trajectory [1].

BONK is also in a pivotal position, testing a key support area around $0.00002500, closely aligned with its 50-day EMA of $0.00002563 [1]. Traders are closely watching the token’s ability to hold this level, as a sustained move above it could drive the price toward the July high of $0.00004074. The current cup-and-handle pattern appears intact, though the timeframe for confirmation is tightening. The RSI remains below neutral, suggesting mixed momentum. Nevertheless, BONK continues to trade above its 50-day, 100-day, and 200-day EMAs, reinforcing the case for a potential rebound [1].

Among the top crypto gainers to watch, Cold Wallet stands out as a project already showing strong early traction. The utility token $CWT has secured a listing on CoinMarketCap, an unusual step for a token still in presale [1]. While most projects achieve such visibility post-launch, Cold Wallet’s early listing has boosted investor confidence and broadened its market profile. Currently in presale stage 17, the token is being sold at $0.00998 per unit, with a confirmed launch price of $0.3517, offering a 35x discount to early buyers. Over $6 million has already been raised in the presale, signaling strong initial demand [1]. The listing provides credibility, while the presale window remains open, allowing investors to access the opportunity before the launch date.

Cold Wallet’s strategy combines immediate visibility with early-stage discounts, making it distinct from projects like Cardano and BONK, which remain dependent on technical confirmations for further moves [1]. The 35x price gap between the presale and launch price is a clear indicator of potential gains for early buyers. For traders seeking exposure to top crypto gainers, Cold Wallet presents a defined opportunity with both legitimacy and accessibility [1].

Source: [1] Cardano Eyes $1.32, BONK Defends Support, Cold Wallet Offers 35x Gap: Top Crypto Gainers to Watch Now (https://coinmarketcap.com/community/articles/68a5d72500db01532553fe3a/)