Cardano Price Prediction: ADA Weekly Chart Suggests Massive Breakout Looming as Mutuum Finance (MUTM) Price Aims for $3.40

Source Cryptopolitan

A bullish storm is building in the crypto market as Cardano (ADA) shoots signals of a potential price blastoff while Mutuum Finance (MUTM) rockets through its presale heading for a mind-boggling $3.40 after the launch. Cardano’s surge of late by 4.32% to $0.701 with a bullish engulfing candle suggests a 40% rally to $1.08. 

Mutuum Finance (MUTM) meanwhile has raised $8,000,000 since its presale began, selling over 455 million tokens to 9,700 holders. In phase 4, 70% is already taken up at $0.025 as investors get in before the price shoots up 20% to $0.03 in phase 5.

Cardano’s Bullish Signals Intensify

Cardano (ADA) is making a good run on its weekly chart. An inverted head and shoulders pattern has taken shape and swing lows have been $0.682 and $0.557 guiding potential breakout. If Cardano goes below the $0.762 neckline analysts expect a rally towards $1.08. The Relative Strength Index floats above neutral supporting this optimistic outlook. 

However, a negative Chaikin Money Flow (-0.08) betrays stubborn caution. The bullish flag on the three-day chart therefore sustains speculation and suggests that a 89% shot into $1.33 is a possibility. Since mid-April, positive funding rates indicate high demand for long positions, which can be read through the lens of the heavy uptake that Cardano is getting. This technical setup amply illustrates the potential of Cardano, but it struggles to maintain momentum in comparison with new projects.

Mutuum Finance (MUTM) Presale Creates Wild Demand

Mutuum Finance (MUTM) is currently making a lot of noise amongst the investor community thanks to its phase 4 presale run up from the initial phase price at 0.01 to 0.025. The project tokenomics promise 140% returns at the $0.06 listing price, with $2.50 post-launch value, offering a massive 9,900% ROI. 

Phase 4 is 70% sold out and with the imminent 20% increase to $0.03 at phase 5. However, the team insists on trust and is on the search for a Certik smart contract audit, results of which will be posted on social media after completion. 

This transparency when combined with a dashboard that indicates the top 50 holders who will earn bonus tokens for maintaining their ranks only escalates investors’ urgency. Mutuum Finance (MUTM) differentiate themselves by the measured approach, with the Cardano’s slow pace falling far behind.

Mutuum Finance (MUTM) Shatters DeFi Utility

Mutuum Finance (MUTM) gets its thumb rapped on its innovative lending model, giving users the opportunity to lend, borrow and earn passively. Its mtTokens, analogous to deposits such as ETH or DAI, have time-cumulating interest and form transferable assets to be used within DeFi. 

Activity through the buy-and-distribute mechanism thus funnel platform revenue into MUTM token repurchase, distributing them back to stakers to keep the demand afloat. This organised ecosystem and overcollateralised loans maintain continuity and on long term investors. 

The $0.025 entry point will soon no longer exist as phase 4 nears sell out. Mutuum Finance (MUTM) puts itself forward as a realistic influence, leapfrogging over Cardano’s speculative gains with actual utility.

Racing Toward a Breakout

Cardano (ADA) and Mutuum Finance (MUTM) are headed for the fulcrum of the crypto market. Cardano’s technical figures indicate a breakout, but its significant dependence on network upgrades is not quite as fast as Mutuum Finance’s (MUTM) current push of presales. Mutuum Finance (MUTM) has 140% listing returns and is going to spike $2.50 post launch making its phase 4 presale at $0.025 a must-buy opportunity.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.
Author  FXStreet
Aug 22, 2023
Prioritize filling the $27,000 gap and even try higher.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, 2024
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Ethereum (ETH) Underperforms All Top 5 Major Cryptos in Brutal 2025 DowntrendDespite signs of improving momentum, with RSI climbing and EMA lines hinting at a potential breakout, ETH continues to lag behind competitors like Solana in multiple metrics.
Author  Beincrypto
Apr 23, Wed
Despite signs of improving momentum, with RSI climbing and EMA lines hinting at a potential breakout, ETH continues to lag behind competitors like Solana in multiple metrics.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Bitcoin Weekly Forecast: The calm before the stormBitcoin (BTC) price remains steady above a key support level, trading slightly above $106,000 at the time of writing on Friday.
Author  FXStreet
Jun 20, Fri
Bitcoin (BTC) price remains steady above a key support level, trading slightly above $106,000 at the time of writing on Friday.
goTop
quote