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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Cardano (ADA) (data as of May 28, 2025):
* Current Price: Approximately $0.7643 USD
* 24-Hour Change: Approximately +1.19%
* 7-Day Change: Approximately +2.94%
* Last Month High: $0.8545 (May 12, 2025).
* Last Month Low: $0.6448 (May 06, 2025).
* All Time High Price (ATH): $3.10 (September 02, 2021).
* All Time Low Price: $0.01735 (October 01, 2017).
* Circulating Supply: Approximately 33,313,246,915 ADA.
* Total Supply: Approximately 33,719,282,563 ADA.
Cardano (ADA) Technical Analysis and Future Expectations:
There are various opinions and technical analyzes about the future of Cardano.
* Support and Resistance Levels: There are support and resistance levels determined by different analysts. For example, in some analyzes, the $0.63 - $0.69 band is shown as an important support. Resistance levels are stated as levels such as $0.78, $1.00, $1.16.
It is predicted that ADA can reach $0.789237 in 2026, $0.959323 in 2030 and $2.54537 in 2050.
As a result, ADA coin has been very weak with the rise of BTC. Therefore, I expect an upward trend in the near future, although it is delayed.