Neonc's 15min chart shows KDJ Golden Cross and Bullish Marubozu signals.

On the 15-minute chart for Neonc, a bullish momentum indicator, the KDJ Golden Cross, has been triggered at 14:00 on April 24, 2025. This signals a shift towards positive momentum in the stock price, which may lead to further increases. The presence of a Bullish Marubozu candlestick pattern further supports this bullish sentiment, indicating that buyers are in control of the market. Therefore, it is likely that bullish momentum will continue.

The crypto market is currently in a pivotal phase, marked by trend reversals and mixed short-term performance. While some major cryptocurrencies like Bitcoin, Ethereum, and XRP have experienced downturns, Cardano (ADA) and Ethereum (ETH) have shown signs of robust recovery.

Cardano (ADA)

Cardano (ADA) has been maintaining bullish momentum despite the overall market volatility. The ADA price witnessed a significant rally this week, surging by over 16% and climbing from a low of $0.62 to $0.73. This rally was supported by a surge in retail participation, with wallet and address activity increasing by double digits week-over-week. Moreover, the open interest in ADA-related derivatives also rose, indicating growing market engagement [1].

The ADA price is currently stuck between the 200-day and 50-day moving averages (MAs), with the MAC showing a drop in selling pressure and a bullish crossover. This suggests a potential increase in buying interest. The RSI is not yet in the overbought range, but the rise in levels indicates a strong bullish sentiment. The next critical resistance for ADA is around $0.77, and a breakout could lead to a rise above $1. Additionally, a potential Golden Cross may further ease the bullish activity [1].

Ethereum (ETH)

Ethereum (ETH) is showing strong recovery signs as it breaks past the critical $1,800 level and the 50-day exponential moving average (EMA). This breakout signals a potential trend reversal rather than just a short-lived bounce. The $1,800 level has acted as a significant resistance zone since early March, and surpassing it with strong bullish volume underscores the seriousness of this move. The breakout was also accompanied by increased trading volume, indicating decisive action from bullish investors [2].

The next technical challenge for Ethereum lies at the 100 EMA, which if surpassed, could propel ETH toward the $2,100 to $2,200 range. A close above $1,800 would strengthen this bullish case. The ultimate confirmation of a sustained uptrend would come with Ethereum breaching the $2,500 level, aligning with the 200 EMA. This breakout is more than just a price move — it could represent a structural shift in Ethereum’s market trend [2].

Conclusion

Both Cardano (ADA) and Ethereum (ETH) are showing strong bullish momentum, supported by technical indicators and increased market engagement. While the crypto market remains volatile, these two cryptocurrencies are leading the charge with significant price gains. Investors and traders should keep a close eye on the next critical resistance levels for both ADA and ETH, as sustained momentum and supportive macro conditions could propel these prices to new highs.

References:
[1] https://coinpedia.org/price-analysis/cardano-ada-enters-a-decisive-phase-will-a-golden-cross-trigger-a-move-above-1/
[2] https://www.tokenpost.com/news/investing/15076