Three Notable Cryptocurrencies to Keep an Eye on in the Year 2025
In the ever-evolving world of cryptocurrencies, three digital assets have been grabbing the attention of investors – Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). Here's a closer look at their short-term technical setups.
Avalanche (AVAX)
The technical analysis points to a critical support range near $20–$21, with resistance in the mid-$30s. A sustained move above the $33–$36 mark would be a significant bullish trigger, while a failure to hold the $20 support could lead to a retest of lower range levels, such as $14–$20, suggested by some forecasts.
Cardano (ADA)
Short-term technical scenarios indicate immediate support around $0.56–$0.70, with resistance near $1.20–$1.50. If bullish momentum manages to clear the $1.20–$1.50 resistance, it could target the $1.50–$2.00 zone. Conversely, weak momentum may keep ADA trapped within the $0.40–$0.70 range.
Polkadot (DOT)
Models predict key support around $3.50–$4.00, with resistance and Fibonacci congestion around $13–14. A decisive breakout above the $14 mark would be a strong bullish signal towards higher 2025 targets, while holding above the $3.5–4.0 support is crucial to avoid a deeper downside towards lower single-digit levels noted in some forecasts.
These short-term views depend on common technical levels (support, resistance, Fibonacci), momentum indicators, and market conditions. They are sensitive to macro crypto market moves, liquidity, and news-driven flows. Different forecasting services may provide varying numeric ranges and probabilities, so it's essential to consult specific sources before making trading decisions.
In the current market, Avalanche (AVAX-USD) recorded a 1.75% gain, reaching $22.41 after a session low near $22.00. Polkadot (DOT-USD) experienced a 0.26% intraday gain, opening at $3.6724. Cardano (ADA-USD) experienced a 0.46% intraday drop, settling near $0.7419.
As the cryptocurrency market continues to evolve, it's important for investors to stay informed and adapt their strategies accordingly. Keep a close eye on these three digital assets – Avalanche, Cardano, and Polkadot – as they navigate the short-term technical landscape.
In the realm of crypto trading, the technical outlook for Avalanche (AVAX) suggests a potential bullish surge if it manages to breach the resistance in the mid-$30s, while on the downside, a drop below $20 could lead to a retest of lower levels. Cardano (ADA) shows immediate support around $0.56–$0.70, with a bullish breakout of $1.20–$1.50 resistance opening the path to $1.50–$2.00, while a weak momentum might confine it within the $0.40–$0.70 range. Polkadot (DOT), on the other hand, may experience a strong bullish move if it surpasses the $14 resistance, with forecasts pointing to higher 2025 targets, but holding above the $3.5–4.0 support is crucial to avoid a potential downfall toward lower single-digit levels.
