As the crypto market enters 2025, investors are preparing to target promising tokens. Many cryptocurrencies have undergone significant changes as we approach the end of 2024. Of these, three tokens clearly stand out. Crypto analyst Aaryamann Shrivastava discusses ADA Coin and these 2 tokens.
ADA Coin forecast: Positioning to buy back $1!
Cardano (ADA Coin) is entering a very important week with its annual member meeting on 31 December. This event will address the 2025 budget and other strategic decisions. Potentially, these will influence ADA’s direction for the coming year. It will also ignite investor interest in the altcoin’s future. The timing of the meeting coinciding with the new year could provide the momentum the ADA coin price needs to reclaim $1.00 as support. Currently, ADA is trying to stay above the critical $0.85 support level. It is also positioned for a possible recovery depending on market sentiment and the results from the meeting.
However, if the decline continues and ADA loses the $0.85 support, the altcoin could fall to $0.77 or below. Such a drop would invalidate the bullish outlook. It would also signal prolonged challenges for ADA price recovery.
TIA Coin forecast: Ginger upgrade could push the token up!
Celestia is preparing for the Ginger upgrade. Therefore, it is one of the important altcoins that should be on the radar this week. This critical update will double Celestia’s data availability throughput. Thus, it will reduce block times by 50% from 12 seconds to only 6 seconds. It will also mark an important milestone in network development. The Ginger update is likely to impact TIA’s price, especially after the altcoin plunged 44% during the crash in early December. Currently trading at $4.82, TIA’s performance will depend on whether the market perceives the upgrade as a catalyst for recovery or more volatility.
If the decline continues, TIA is likely to fall below the $4.52 support level. Also, potentially reaching $3.88 is also on the cards. Conversely, a retake of $4.96 as support would signal a bullish trend. This could take the altcoin to $6.03 and invalidate the bearish outlook.
TRX Coin forecast: The target is to exceed $ 0.30!
Tron (TRX) is trading at $ 0.25. In addition, the token is struggling to break through the $ 0.26 resistance barrier. The Tron network is preparing for a crucial upgrade as it integrates Chainlink’s Data Streams, establishing Chainlink as the official oracle solution, a move expected to improve network functionality. This transition will shift $6.5 billion in Total Value Locked (TVL) from WINkLink to Chainlink. It will also potentially increase the price of Tron. The current target for TRX is to exceed $ 0.30 and turn it into support. This could trigger renewed investor confidence and upward momentum.
However, the failure to exceed $ 0.26 will likely cause Tron to fall to $ 0.22. It would also invalidate the bullish outlook. Such a drop would prolong losses and dampen the enthusiasm surrounding the upcoming upgrade.
The opinions and forecasts in the article are those of the analyst and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.
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