Cardano’s Price Fluctuates Around $0.49 The price of Cardano (ADA) is rising after breaking above the 21-day SMA or resistance at $0.45.
https://coinidol.com/cardano-p....rice-fluctuates-arou

TRON Slips But Recovers Above The $0.124 Support Level The price of TRON (TRX) is currently moving above the moving average lines after reaching resistance at $0.128. Price analysis by Coinidol.com.
https://coinidol.com/tron-slips-but-recovers/

BNB Remains Stable And Is Ready For An Outbreak The Binance (BN coin price is in a sideways trend and has gone below its moving average lines. The cryptocurrency has been trading in a range of $530 to $610.
https://coinidol.com/bnb-remains-stable/

Fantom Price Continues To Shine – What’s Behind The Latest 15% Surge? Fantom price has been such a joy to watch for investors in recent days, as a much-needed breath of fresh air continues to spread throughout the crypto market. Bitcoin and other large-cap assets seem to be recovering well after a period of sluggish and frustrating price action. Notably, Fantom emerged as one of the best performers in the cryptocurrency market over the past week, posting a substantial 26% price increase in the last seven days. The Layer 1 token has particularly been on a hot streak in the past day, soaring by 15%. The Catalyst Behind The Latest FTM Surge The much-awaited Sonic upgrade has been critical to the turnaround the Fantom price has witnessed in the past few months. Sonic is expected to improve Fantom’s technology stack and introduce major scalability enhancements without a disruptive hard fork. Related Reading: This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why Most recently, the Fantom Foundation unveiled the details of the upcoming layer-1 chain Sonic Network. According to the blog post, the new blockchain network will be connected to and be able to tap into vast amounts of liquidity, users, and protocols from “Ethereum and beyond” via a native layer-2 bridge. As disclosed previously, the Sonic Network is expected to go live alongside a new token, with the ticker S. In the latest memo, the project revealed that FTM token holders will be able to migrate Sonic’s token at a 1:1 ratio, depending on the results of a governance vote. The Fantom Foundation said in its latest blog post:  Initially, this migration process is anticipated to be bi-directional, which will allow users to swap back and forth between $FTM and $S. Since the $S token will only exist on Sonic and $FTM will only exist on Opera, we anticipate utilizing a bridge to enable bi-directional swaps. This process enables a seamless migration for current Opera network participants to experience Sonic. After a transitional period (to be determined in the future), the migration process is expected to transition to a one-way migration of $FTM to $S. The project noted that the supply of the new S token will match that of FTM to facilitate the token migration process after the Sonic chain launch. It is worth mentioning that the Fantom price experienced a significant surge following this update on the Sonic Network on May 17. Fantom Price At A Glance As of this writing, the Fantom price is around $0.908, reflecting an almost 15% increase in the past 24 hours. Related Reading: Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally Featured image from iStock, chart from TradingView
https://www.newsbtc.com/news/f....antom-news/fantom-pr

Toncoin Tsunami: $1 Billion Whale Activity Shakes Up Price – What’s Next? Despite a recent surge in activity from large investors, often referred to as “whales,” the price of Toncoin (TON) appears headed for choppier waters. This comes as analysts raise concerns about the cryptocurrency’s weakening technical indicators and its potential breach of a key support level. Related Reading: Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally Whales Make A Splash, But Can They Save The Day? In a recent report, Joao Wedson, a crypto analyst at CryptoQuant, observed a significant spike in whale activity on the Toncoin network. Transactions exceeding 100,000 TON (roughly equivalent to $645,000 at current prices) surpassed a staggering $1 billion in the past few weeks. This indicates that major holders have been actively moving large amounts of TON, but the purpose behind these movements remains unclear. While the whales are certainly making a splash, Wedson said it’s not necessarily translating to smooth sailing for TON’s price. He pointed out that while large transactions dominate the network’s volume (over 50%), their impact on the price seems negligible. Conversely, smaller transactions, although constituting the majority of overall activity, contribute a much smaller share of the total volume. Technical Indicators Flash Red Toncoin’s price has been exhibiting signs of weakness despite the influx of whale activity. Notably, TON recently dipped below its 20-day Exponential Moving Average (EMA), a technical indicator used to gauge short-term trends. This suggests that the average price of TON over the past 20 days has been on a downward slope, signifying a shift towards selling pressure. Adding to the bearish sentiment is the imminent crossover of the Moving Average Convergence Divergence (MACD) indicator. The MACD line appears poised to fall below its signal line, which traditionally indicates a loss of upward momentum and a potential price decline. These technical indicators are flashing red flags for TON. If the price breaches the lower line of its ascending channel, which has been acting as a support level, a drop to $5.70 is a distinct possibility. Related Reading: Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars Is This A Buying Opportunity Or A Sinking Ship? The current situation surrounding Toncoin presents a conundrum for investors. The substantial whale activity hints at potential bullish interest, but the technical indicators paint a bleak picture. The key question remains: are the whales accumulating or distributing? If they’re accumulating, this could be a buying opportunity before the price rebounds. However, if they’re selling off their holdings, it could be a sign of a distressed ship. Featured image from Vikks/Shutterstock, chart from TradingView
https://www.newsbtc.com/news/t....oncoin-tsunami-1-bil