Cardano’s 4-hour chart indicates a typical mean-reversal bounce. Enthusiasts, meanwhile, are scooping in massive numbers to buy Stage 4 presale of the new token, Yeti Ouro (YETIO), and receive Play-to-Earn (P2E) utility with its apart-from-the-pack meme value.
The end-of-April liquidation peak sent Cardano price to the lower Bollinger Band (≈ $0.675) late in the month, and the candle that broke through that band closed well within it, indicating tail-ending capitulation, not trend initiation. Volume in that flush was the session high, and every subsequent red bar printed decreasing volume, a classic exhaustion profile.
Cardano price has recovered both the Supertrend baseline of $0.667 and Bollinger mid-line/SMA-20 of $0.700 and turned them into double-layered supports. Volatility remains high—the bands opened to 7.6% following the dump—and % B has already retraced from 0.05 to 0.45, suggesting statistical gravity is now in favour of drift to the top envelope at $0.726. Missing out on closing above the mid-line in the next few candles, however, would turn that same zone into an anchored VWAP resistance group of April’s distribution, subjecting $0.66 liquidity to exposure again.
Quantitatively, risk-reward skews at 1.9:1 for tactical long at $0.69 with a stop placed below Supertrend flip at ($0.665) and targets at the top band ($0.725) and previous value-area high at ($0.735). Momentum algos will be looking for a strong close above $0.705 to confirm continuation; otherwise, anticipate choppiness and mean-reversion flow within the range of $0.67–$0.72.
A recent tweet stated how the U.S. is aligning towards the approval of Cardano spot ETFs, with an estimated chance of 71%. If said fund received just 5% of Bitcoin ETF inflows ($1.96 Bn), Cardano’s market capitalization would increase to $26.24 Bn from $24.3 Bn, pushing price to around $0.735 from $0.68—a best-case increase of 8%. More realistically, gradual OTC accumulation and just 30% of flows reaching the markets means just a modest 2.5% increase, with higher gains subject to ecosystem adoption and optimism.
$YETIO concluded Stage 3 of its presale at $0.024, with 232,837,657 of its coins sold and $3.81 million raised and moved to Stage 4 at $0.041 last week giving early bird investors a 242% ROI. The price is destined for a steeper increase in the final presale Stage 5. The 25% bonus still holds for buys over $500, and payment can be made in crypto or by card with no KYC.
Developed on Ethereum, YETIO has a capped supply of 1 billion tokens to fuel the project’s Play-to-Earn environment. It’s headlining game, Yeti Go—which is built in Unreal Engine 5—rewards users with YETIO coins for emerging victorious in elimination-style races, providing real-world utility above and beyond meme-coin hype.
Yeti Go delivers a pulse-pounding ride through a visually striking universe, crafted with precision by the same studio behind gaming legends like Call of Duty, Spider-Man, The Witcher, and Dead Space. Every element is engineered for impact—from the razor-sharp graphics to the fluid gameplay. What truly sets it apart is the sound: an electrifying score built by audio pros who’ve worked with Grammy-nominated artists including Major Lazer, Vybz Kartel, and Kabaka Pyramid. Keep scrolling to meet the game’s lead character and get a taste of the speed, energy, and edge that define the Yeti Go experience.
Recent market analysis put out this morning observes that presale’s 242% paper return since Stage 1 is attracting traders away from old memes like XRP and Dogecoin to a $21.91 Bn utility-backed GameFi product. Analysts there believe sealing today’s round will set the token to catch a wider 2025 bull run.
As per ICO calendars, the presales began on 14 September 2024, with 500 million tokens, half of the total supply, going to investors. The contract has been audited by SOLIDProof, and as promised, there will be staking, yield farming, and CEX/DEX listings as soon as fundraising is done. The tokens will be claimable via the project’s dashboard when the sale ends.
The official website broadcasts live presale statistics and Telegram, X, and Discord links to enable backers to keep themselves updated in real-time and remain active within the community.
ADA’s re-taking of the $0.700 SMA-20 with decreasing sell-side volume positions us for a clean 1.9:1 long to $0.725 — 0.735, assuming $0.665 holds. Parallel play, YETIO’s $0.041 still values just half of its audited GameFi roadmap—prior to steeper Stage-5 mark-up—presenting asymmetric upside.
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