Crypto Slides, but SUI, LINK, TAO, ADA And TIA Might Be Deals to Watch
Share:
Predictions Markets
See what traders are focused on
- SUI is at $4.60, with a rising trendline hinting growth in 2025.
- ADA has dropped over 12%, with key support and resistance levels shaping its next move.
- TIA and TAO’s price drop offers a discounted buy opportunity.
Bitcoin is undergoing a major selloff, marking its biggest drop since the start of 2025. Altcoins are also being sold off at discounted prices. However, large buyers are stepping in to capitalize on the dip.
With many cryptocurrencies facing double-digit losses, this could be a chance to “buy the dip” opportunity, especially before President Trump’s inauguration, which might bring a more crypto-friendly environment.
Cardano (ADA) Struggles Below $1
Cardano has declined more than 12% in the last 24 hours and at the time of writing, and now is trading below the $1 level. Despite the drop, ADA remains above its key support level.
As long as the low formed at 96.4 cents holds, ADA could still follow the bullish scenario. However, a deeper pullback could occur, with key support levels between 85.8 and 93 cents. Resistance levels are between $1.10 and $1.20, with additional levels at $1.50 and $1.70 to watch.
Chainlink (LINK) Fights for …
The post Crypto Slides, but SUI, LINK, TAO, ADA And TIA Might Be Deals to Watch appeared first on Coin Edition.
Read More
Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
