Cardano’s native token, ADA, is facing a notable price drop amid market uncertainty, mirroring the downturn seen across major cryptocurrencies. The volatility has shaken investor confidence, triggering millions of dollars in liquidations across both long and short positions.
For the past few days, the overall cryptocurrency market has witnessed a price surge followed by a drop. This pattern has been ongoing for the last couple of weeks, leaving investors and traders confused.
Current Price Momentum
ADA is currently trading near $0.72 and has recorded a 2% price drop in the past 24 hours. However, during the same period, its trading volume declined by 25%, indicating lower participation from traders and investors compared to the previous day.
Cardano (ADA) Technical Analysis and Upcoming Levels
With notable price fluctuations in recent days, ADA appears to be forming a symmetrical triangle pattern on the four-hour timeframe.
Source: Trading View
Based on the recent price momentum, if the asset breaks out of the pattern and closes a four-hour candle above the $0.74 level, there is a strong possibility it could soar by 13% to reach $0.83 in the near future.
Besides this short-term price prediction, if the asset breaks down from the pattern and falls below $0.70, it could decline to the crucial support level of $0.65 in the coming days.
Based on expert analysis, a potential breakout or breakdown will determine the price direction in the coming days.
Major Liquidation Areas
At press time, traders seem to be strongly betting on the bearish side, as reported by the on-chain analytics firm Coinglass. Data reveals that traders are currently over-leveraged at $0.71, with $2.61 million worth of long positions. Meanwhile, $0.73 is another over-leveraged level, where traders have built $4.20 million worth of short positions.
Binance founder Changpeng Zhao (CZ) has warned that 95% of cryptocurrencies are destined to fail due to weak fundamentals, lack of real-world utility, and terrible execution. However, Ozak AI (OZ) is emerging as a standout project with a sturdy use case in AI-driven blockchain generation. By integrating predictive analytics, machine learning, and decentralized finance, Ozak AI offers real-time market insights and automatic trading solutions, setting it apart from speculative tokens.
Currently in its 3rd presale stage at just $0.003, analysts expect OZ could attain $1, imparting a large growth possibility. With AI reshaping industries and blockchain technology evolving, Ozak AI’s progressive method positions many of the elite 5% of cryptos with long-term potential, proving CZ’s caution at the same time as highlighting its promising destiny.
The Crypto Market’s Harsh Reality
Binance founder Changpeng Zhao (CZ) has long been a vocal figure within the cryptocurrency space, offering insights into market trends and potential risks. Recently, CZ issued a stark caution: 95% of cryptocurrencies will finally fail. His declaration aligns with a widely usual reality within the crypto enterprise—most projects lack real-world software, sturdy development groups, or long-term sustainability.
Despite the fast increase of the blockchain sector, history has shown that only a handful of tasks manage to survive and thrive over time. Many cryptocurrencies released with bold roadmaps however fail due to terrible execution, lack of adoption, or unsustainable tokenomics. With regulation tightening and investors becoming extra cautious, most effective tasks with sturdy basics and innovative use instances will have a risk at long-term success. This raises the question: Which cryptos will defy the odds?
Among the emerging crypto initiatives, Ozak AI (OZ) is swiftly gaining traction as a promising project. Unlike the heaps of speculative tokens flooding the market, Ozak AI is built on a foundation of artificial intelligence and blockchain integration, offering real-world applications that deal with urgent financial and analytical needs.
Ozak AI combines AI-pushed predictive analytics, machine learning algorithms, and decentralized finance (DeFi) to offer users with real-time monetary insights, automated trading strategies, and advanced data analytics. This approach unites it other than conventional cryptocurrencies, many of which lack a tangible use case beyond hypothesis. By leveraging AI, Ozak AI ambitions to revolutionize the way investors have interaction with the crypto market, making facts-driven decisions extra accessible and efficient.
The project’s particular features include the Ozak Stream Network (OSN) for low-latency statistics processing, decentralized protection via DePIN (Decentralized Physical Infrastructure Networks), and customizable Prediction Agents (PAs) that permit users to tailor AI models to their unique wishes. These innovations role Ozak AI as a leading pressure inside the AI-powered blockchain revolution.
Moreover, the 3rd stage of the Ozak AI presale is currently occurring, and the task is already making waves within the crypto community. With an outstanding over $900K raised so far, Ozak AI tokens are currently priced at simply $0.003 each, with the next level price set at $0.005. This early-level opportunity is poised for sizable growth, with projections suggesting that the token ought to reach $1 by 2025.
The Road to $1: A Realistic Projection
Currently, Ozak AI is in its 3rd presale stage, with the OZ token priced at simply $0.003. Given the growing hobby in AI-driven crypto solutions and the speedy adoption of blockchain-based predictive analytics, analysts are expecting that OZ should reach $1 in the near future. This could represent an outstanding 333x return for early investors, making it one of the most money making opportunities in the current crypto market.
Unlike many tokens that rely simply on hype, Ozak AI is sponsored by a strong ecosystem and clear software. The growing demand for AI in financial markets, mixed with the assignment’s innovative method, gives it a great area over competitors. If adoption keeps at its current pace and the AI area keeps its momentum, Ozak AI might be among the elite 5% of cryptos that prevail, proving CZ’s caution right while solidifying its place as a chief player within the industry.
CZ’s caution about the fate of 95% of cryptocurrencies is a reminder that now not all initiatives are built to remain. However, Ozak AI’s solid fundamentals, progressive AI integration, and strong market positioning make its route to $1 extra promising than ever. For traders seeking a project with real-world value and long-term boom potential, Ozak AI sticks out as an extraordinary opportunity in an otherwise unsure market.
About Ozak AI
Ozak AI is a blockchain-based project that provides a technology platform that specializes in predictive AI and advanced data analytics for financial markets. Ozak AI helps crypto investors and businesses in decision-making by providing real-time, accurate, and actionable insights through machine learning algorithms and decentralized network technologies.
The post CZ’s Warning: 95% of Cryptos Are Doomed—But Ozak AI’s Path to $1 Looks Stronger Than Ever! appeared first on Coinpedia Fintech News
Binance founder Changpeng Zhao (CZ) has warned that 95% of cryptocurrencies are destined to fail due to weak fundamentals, lack of real-world utility, and terrible execution. However, Ozak AI (OZ) is emerging as a standout project with a sturdy use case in AI-driven blockchain generation. By integrating predictive analytics, machine learning, and decentralized finance, Ozak …
Coinbase, one of the most trusted and regulated crypto exchanges in the world, has announced it will suspend trading for five tokens, including Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ).
The trading halt will officially begin on May 16, 2025, at around 2 PM ET across all Coinbase platforms, Coinbase.com, Coinbase Exchange, and Coinbase Prime.
Why These Tokens Are Being Delisted
According to Coinbase, this decision isn’t about poor performance or security issues. Instead, it has to do with token versions. Each of these projects, GAL, LIT, DAR, ORN, and PRQ, has released new versions of their tokens.
That means the original versions listed on Coinbase are now considered outdated and no longer meet the platform’s listing standards.
Coinbase cares a lot about keeping things safe, reliable, and clear for its users. When tokens go through major upgrades or migrate to new contracts, the old ones can cause problems or stop working well. That’s why Coinbase is removing these older tokens from trading.
Trading Already in Limit-Only Mode
To ease the transition, Coinbase has already moved all five token pairs to limit-only mode. This means users can still place or cancel limit orders, and trades may happen, but no market orders or advanced trading types are currently supported.
It’s a heads-up to the community, get your affairs in order before full suspension takes effect.
What Happens to Users Holding These Tokens?
If you hold any of these tokens on Coinbase, it’s time to act. You might want to withdraw your holdings or convert them before May 16. After the suspension, your ability to trade them will be gone, at least on Coinbase.
The post Coinbase to Delist Five Tokens Amid Token Upgrades – See If You’re Holding Any! appeared first on Coinpedia Fintech News
Coinbase, one of the most trusted and regulated crypto exchanges in the world, has announced it will suspend trading for five tokens, including Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ). The trading halt will officially begin on May 16, 2025, at around 2 PM ET across all Coinbase …
