Shiba Inu Faces Weakness, While Cardano Rises Amidst BlockDAG’s Explosive Presale

Crypto markets are dynamic, shifting based on technical signals and momentum. Shiba Inu (SHIB) is struggling, falling below its 20-day moving average while facing a drop in burn rate. Despite this pressure, bulls are defending key support levels near $0.0000125, hoping for a recovery. Conversely, Cardano (ADA) is gaining momentum with bullish chart patterns and accumulation driving higher prices towards $2.12. Its strong technical setup is backed by increased open interest in futures contracts and rising DeFi TVL.