Cardano Trapped in Bearish Descending Triangle—AI Crypto Rival Threatens to Eclipse Dogecoin with 100X Potential
Cardano (ADA) bulls are sweating as the smart contract platform grinds lower within a textbook descending triangle—a pattern that screams 'sell the rallies' to chart-watching traders. Meanwhile, an obscure AI-powered altcoin is quietly positioning itself as the next meme-to-mega-cap story.
Dogecoin's days as the retail crowd's darling might be numbered. The unnamed AI project—rumored to leverage decentralized machine learning—is attracting VC interest at a pace that makes 2021's NFT mania look tame. Early backers whisper about testnet results that could disrupt everything from blockchain oracles to Robinhood's meme-stock casino.
Will ADA break its downtrend before the AI dark horse sucks all the oxygen out of the room? Either way, hedge funds will still take their 2% management fee while you HODL through the chop.
Cardano (ADA) Price Gears Up for Major Move Amid ETF Speculation
The cardano price may be on the verge of a major breakout, according to technical analyst Aniekeme Umoh. He noted that the DeFi crypto has spent the last seven months forming a descending triangle.
This pattern is often followed by a strong directional move. If the Cardano price breaks above this structure, it could surge toward the $2 mark. Nevertheless, failure to break out can drive the Cardano price to test the $0.50 mark.
Despite the cautious technical setup, Umoh remains optimistic due to strong fundamental drivers supporting ADA's long-term outlook. Among them is growing public speculation around a potential cardano ETF. A regulatory decision on this matter is anticipated in August 2025.
Positive news could fuel institutional adoption, further lifting the Cardano price to higher levels. Currently, CoinMarketCap notes that Cardano's prices range between $0.77 and $0.90.
The RSI indicator is 56.66, which indicates that Cardano is in the neutral range. More buyers need to enter the market to force an uptrend.
Selling Pressure Pulls Dogecoin (DOGE) To Key Level
The Dogecoin price is showing volatility after a recent spike to $0.29. The July 30-31 Federal Reserve rate decision is causing traders to reduce exposure to altcoins.
According to data from CoinMarketCap, the dogecoin price has dipped by 15.0% on the 7D timeframe. This decline shows a high increase in selling pressure.
Technical indicators like the MACD histogram have been negative since July 27. The RSI has also dropped to 53, supporting a bearish trend. On the other hand, the Dogecoin price trades above the 50-SMA ($0.19), which shows the presence of buying activity.
Galaxy, a top analyst, told his audience that the dogecoin price is in an accumulation phase. So, a breakout could occur in the coming weeks. Another market watcher, BabyyBlockChain highlights that the price of Dogecoin is currently pulling back to $0.22.
The level has previously served as strong support. The analyst added that this Point of Interest could once again act as a launchpad for a rebound. If support holds, the Dogecoin price may return toward the $0.28 level, signalling renewed bullish momentum.
Unilabs' (UNIL) AI-Powered DeFi Investment Options Attract Investors, Pushing It To Stage 5
Unilabs (UNIL), the Solana Slayer, is among the new DeFi projects that are gaining traction in the DeFi market, which was worth $20 billion in 2024. Old giants like Lido Finance came to the spotlight due to their staking solutions, enabling users to stake assets like ethereum for rewards.
However, Unilabs takes it one step further. This new giant blends AI-driven investment strategies with DeFi. According to popular YouTuber crypto Show, Unilabs uses AI algorithms to manage diversified funds across DeFi, Bitcoin, and tokenized real-world assets (RWAs), creating a broader spectrum for investors.
In addition, Unilabs has an Early Access Scoring System (EASS), which continuously tracks new projects with huge ROI before they launch. This is something Lido does not offer, giving Unilabs a competitive edge in terms of access to high-potential investments.
Unilabs' AI engine also analyzes market trends, determines risks, and optimizes portfolios to achieve high returns consistently. Furthermore, investors who stake UNIL tokens on the platform can earn up to 122% APY, making it one of the most lucrative options for passive income in the DeFi market.
As of now, Unilabs' crypto ICO has entered stage 5 with $7.2 million raised. Its native coin, UNIL, has increased in price to $0.0085. This value is expected to keep increasing as the presale continues.
Why Unilabs Could Be the Best Crypto Investment For New And Old Investors
As the Cardano price struggles, Unilabs is living up to its name as the solana Slayer. Unilabs' cutting-edge AI-based asset management and promising tokenomics positions it as the best crypto to buy for future profit. Unlike Dogecoin, Unilabs goes beyond hype and is based on real-world innovation, making it the best choice for smart traders.
Find out more about the Unilabs (UNIL) Presale Today:
Website: https://unilabs.finance/
Telegram: https://t.me/unilabsofficial
