Cryptocurrencies Price Prediction: Cardano, Solana & Fartcoin — Asian Wrap 29 July
Cardano Price Analysis: Hoskinson's optimism clashes with bearish technical outlook
Cardano (ADA) edges lower by 1% at press time on Tuesday, extending the nearly 5% drop from Monday. Despite the short-term bearishness, Charles Hoskinson, the co-founder of Cardano, shared an optimistic note in a recent podcast, suggesting that Cardano could outperform Bitcoin while potentially becoming Bitcoin’s (BTC) yield layer.
Solana Price Forecast: SOL slips below support as sell pressure builds
Solana (SOL) trades in red below $183 at the time of writing on Tuesday after closing below its key support level the previous day. The bearish case for SOL is further reinforced by Spot Taker Cumulative Volume Delta (CVD) turning negative, indicating a shift toward sell-side dominance. The technical analysis shows weakening momentum, raising concerns about a potential short-term correction.
Fartcoin, Jupiter, Pump.fun lead the crypto market pullback as bullish momentum fades
Fartcoin (FARTCOIN) edges lower after a nearly 14% drop on Monday, outpacing the broader market pullback in the last 24 hours. The meme coin holds above the 100-day Exponential Moving Average (EMA) as the rising bearish momentum risks a potential retest of the $1 psychological level.
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FXStreet Team
FXStreet
