Title Tag:
Cronos Inks $6.4B Deal & Cardano Technicals Rise as Whales Power BlockDAG to Record
What drives smart money to shift gears in crypto? Over the past week, Cardano (ADA) technical analysis shows bulls eyeing key breakout levels, while Cronos (CRO) price surge grabbed headlines after a $6.4B treasury deal pushed CRO to multi-year highs. Yet, both moves pale against what’s happening with BlockDAG.
Whale Money Targets BlockDAG
Add in real adoption, 3M+ users mining BDAG via the X1 app and hardware miners shipping worldwide, and the fundamentals look strong. With big money flowing in and visibility locked at TOKEN2049, BlockDAG is staying firmly on every top performing crypto watchlist heading toward its exchange debut.
Cardano (ADA) Technical Analysis Points to Breakout
Fresh Cardano (ADA) technical analysis shows the coin holding steady above key support levels around $0.84 while eyeing resistance near $0.96. Charts indicate a bullish inverse head-and-shoulders pattern with traders watching closely for a breakout toward the $1 mark. Institutional inflows of nearly $73M and whale accumulation between $0.87 and $0.95 are adding strength to this setup. Momentum indicators like MACD and RSI back the case for further upside if buying pressure continues.
Price forecasts now lean bullish with short-term targets around $1.10 and year-end predictions stretching to $1.50 if ETF approval speculation plays out. At the same time, Cardano (ADA) technical analysis notes some risk from regulatory uncertainty and volatility that could drag prices back toward $0.70. For now, the bias stays positive with most platforms rating ADA a “Buy” or “Strong Buy” across weekly and monthly timeframes.
Cronos (CRO) Price Surge Sparks Market Buzz
The Cronos (CRO) price surge was kicked off by a $6.4B deal linking Trump Media, Crypto.com, and Yorkville Acquisition Corp to create a CRO-focused treasury. This move turned heads fast, with CRO jumping as much as 50% in late August and trading volume spiking over 1,000%. Prices pushed from $0.19 to multi-year highs above $0.23, with analysts now eyeing $0.27 if momentum continues. On-chain data showed active addresses hitting a one-year peak of 20,465 as liquidity poured in.
Alongside price action, speculation about a staked CRO ETF and plans for wider utility on Truth Social are fueling optimism. Technical indicators flashed bullish signals with RSI approaching overbought levels but holding firm, while MACD crossed into positive territory. Market watchers say the Cronos (CRO) price surge could extend if ETF approvals land and the treasury staking model locks in long-term demand, with some forecasts hinting at a possible run toward $1 in 2025 if these catalysts align.
Summing Up
Both Cardano (ADA) technical analysis and Cronos (CRO) price surge point to bullish setups, with ADA eyeing a breakout toward $1 and CRO hitting multi-year highs after its $6.4B treasury deal.
