Cardano Momentum Returns — What About DOT and AVAX This Week?

Cardano (ADA) is showing signs of a comeback, sparking renewed interest from traders watching for the next altcoin breakout. With ADA stabilizing near key support and inching upward, attention is shifting to whether other major Layer-1 coins like Polkadot (DOT) and Avalanche (AVAX) could follow suit. Both have faced recent volatility, but technical setups suggest a possible turning point. This week, all eyes are on whether DOT and AVAX can mirror Cardano’s momentum—or carve out their own recovery path. Cardano’s Price Holds Steady, Eyes on Potential Growth Targets Source: tradingview Cardano (ADA) is trading between $0.54 and $0.60, showing signs of stabilization around its 10-day and 100-day average of about $0.58. The coin has seen a tiny jump of over 2.5% this week, indicating some recovery momentum. If ADA breaks past its resistance level of $0.63, it could push towards $0.70, a rise of around 17%. Yet, caution lingers as ADA has slid over 13% in the past month and nearly 47.5% in half a year. With its RSI under 46, ADA isn’t overbought, suggesting more room for growth if buying pressure increases. Market watchers are closely monitoring its next moves. Polkadot Holds Steady, Eyes Growth Amid Volatility Source: tradingview Polkadot (DOT) is hovering between just over three dollars, showing a slight drop from last week. The currency is battling near a key resistance level close to four dollars. If Polkadot crosses this, it might climb more than 15% towards the next resistance zone situated in the mid-four dollar range. But if it slips below its current mark, it may test its support near two and a half dollars. Polkadot is trying to find stability with a mild bearish mood as shown by its momentum indicators. However, if it gains upward strength, Polkadot could reverse its downward trend. For now, it’s a waiting game to see if the bulls take charge. Avalanche (AVAX) Fights to Break Free from $20 Grip Source: tradingview Avalanche’s (AVAX) price currently floats between seventeen and nearly twenty dollars. The coin struggles to push past the twenty-dollar resistance but remains above the strong support near fifteen dollars. Recent patterns show a slight weekly rise of over one percent, but the monthly drop exceeded ten percent. Over six months, the coin’s value has plummeted over fifty percent. If momentum builds, AVAX might target the next resistance at twenty-three dollars, marking a potential gain of around twenty percent from current levels. However, the recent past suggests caution is warranted due to volatile downtrends. The key levels to watch remain clear as holders and potential investors keep an eye on market movements. Conclusion Cardano has shown renewed strength. Interest is now turning to Polkadot and Avalanche. Polkadot looks to expand its capabilities with its unique approach to connecting blockchains. Avalanche is making strides with its efficient network and fast transactions. Both projects have the potential to see increased activity and development. Observers will be watching to see if this momentum will continue or spark similar trends in the coming days. This week could offer more insights into where these projects are heading. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo