Cardano has just seen a surge beyond the $0.85 mark, potentially confirming a 
bullish breakout forming in the asset&#8217;s 4-hour price chart. Cardano Is 
Breaking Out Of A Falling Wedge Pattern In a new post on X, analyst Ali 
Martinez has talked about a technical analysis (TA) pattern forming in the 
4-hour price of Cardano. The pattern in question is a &#8220;Falling Wedge,&#8221; which 
belongs to the broader class of Wedges. Related Reading: Old Bitcoin Supply 
Keeps Moving Into ETFs: Data Shows Three Waves So far Wedges form whenever an 
asset travels between two converging trendlines. When the lines are sloped 
upward, the formation is known as a Rising Wedge. Similarly, price action to 
the downside creates a Falling Wedge. Wedges sound similar to Triangles, which 
also involve converging trendlines, but the key difference between the two is 
that Triangles are consolidation patterns, while Wedges involve some net 
movement up or down. Just like with Triangles, though, the trendlines of the 
channel act as support/resistance barriers for the price. Also, a breakout of 
either of these bounds can imply a continuation of the trend in that 
direction. Generally, Wedges are considered more likely to lead to reversals. 
A Falling Wedge may see the price eventually break past the upper line, while 
a Rising Wedge could end with a breakdown of support. Cardano has recently 
been moving inside a channel similar to a Falling Wedge. Below is the chart 
shared by Martinez, showcasing the formation. At the time the analyst posted 
the graph, Cardano was beginning to show signs of a surge beyond the 
resistance line of this Falling Wedge. The breakout attempt came as the asset 
was closing in on the convergence point of the trendlines. Near the apex of 
such patterns, price action occurs inside a tight range, so breakouts can 
become more likely. This could be what was developing for ADA at the time. 
Martinez noted in the post that the cryptocurrency must break past $0.84 to 
confirm the bullish breakout. Since then, ADA has surged further, reaching the 
$0.85 level. Thus, it&#8217;s possible that a sustainable break could really be 
kicking off for the coin, at least if the Falling Wedge is anything to go by. 
Related Reading: Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For 
First Time In 6 Months While Cardano is witnessing this Falling Wedge, fellow 
altcoin Solana has been traveling inside a Rising Wedge instead, as pointed 
out by the analyst in an earlier X post. As displayed in the chart, Solana has 
been trading inside this Rising Wedge for a few months now and is slowly 
inching toward the end of it. If the pattern is going to be a reversal one, 
then a bearish breakout may be coming for SOL. ADA Price At the time of 
writing, Cardano is floating around $0.851, up almost 4% over the last seven 
days. Featured image from Dall-E, charts from TradingView.com

Cardano Pushes Past $0.85: Falling Wedge Breakout Confirmed?

Vivopower’s EV subsidiary is slashing cross-border payment costs by adopting 
RLUSD stablecoin, unlocking instant settlements and boosting blockchain-driven 
growth across key developing markets. Vivopower Taps RLUSD for Instant, Low- 
Cost Transfers in Developing Markets Vivopower International Plc (NASDAQ: 
VVPR) announced on Sept. 8 that its electric vehicle subsidiary, Tembo e-LV, 
will begin accepting Ripple USD (RLUSD) […]

Vivopower’s Tembo to Accept Ripple’s RLUSD for Global Transactions

Upbit&#8217;s move to adopt OP Stack for Ethereum Layer 2 could enhance scalability 
and efficiency, potentially influencing broader crypto adoption.
The post Upbit announces Ethereum Layer 2 using OP Stack appeared first on 
Crypto Briefing.

Upbit announces Ethereum Layer 2 using OP Stack

Bitcoin price is currently at a critical juncture, sitting right on top of the 
Bull Market Support Band. Throughout past bull cycles, this band has 
historically served as a crucial support level, with price retesting it during 
corrections and bouncing off it to continue its upward trend. Why This Level 
Matters For Bitcoin Uptrend In an X post, full-time crypto trader and 
investor, Daan Crypto Trades, has pointed out that Bitcoin is currently 
sitting directly on top of the Bull Market Support Band. This level has long 
been regarded as one of the most reliable high-timeframe momentum indicators. 
Related Reading: Bitcoin Holds Key Support Amid Gravestone Doji – $120,000 
Hangs In Balance Daan Crypto Trades noted that while Bitcoin has seen short- 
term consolidation at or even slightly below this band, it has never 
experienced a prolonged detachment for more than a week or two during a bull 
market. The broader market structure remains intact as long as Bitcoin 
continues to print higher highs and higher lows on the larger timeframe. 
However, any subsequent dips that occur while this structural integrity is 
maintained are generally seen as areas of interest and potential buying 
opportunities for investors. The Role Of Liquidity In Driving Bitcoin&#8217;s Next 
Move Bitcoin is showing the first bearish divergence against the Global M2 
Money supply since the cycle lows began, and signaling a potential slowdown in 
momentum. According to Saint Pump, a market expert, a one-month liquidity 
pullback is expected in late September, coinciding with the Federal Reserve 
(Fed) anticipated rate cut amid job weakness. Related Reading: Analyst Says 
All Bitcoin Price Uptrend Are Duds Unless This Happens This confluence of a 
bearish technical signal and a macroeconomic liquidity event suggests that 
BTC&#8217;s recent poor price action since July and divergence with global liquidity 
will continue leading to a period of choppy price action. In addition, there 
will be volatile trading until global liquidity conditions improve in late 
October. Adding to the short-term pressure, October also marks the expected 
end of the four-year cycle, which historically brings additional selling 
activity. Despite these headwinds, no major cycle top or euphoria signals are 
evident. Saint Pump noted that the Trump Administration may unleash a monetary 
bazooka through a Fed takeover to stimulate the economy ahead of the midterms. 
As a result, this cycle could extend into late 2026, until Inflation fears 
resurface once the Fed overdoes it due to political pressures. From a 
technical perspective, the best bid scenario in a sell-off lies between 
$93,000 and $98,000, aligning with a retest of the weekly 55 Exponential 
Moving Average (EMA), which has sustained the bull trend since last year. 
While short-term volatility is expected, the broader uptrend remains 
structurally sound. Featured image from Pixabay, chart from Tradingview.com

Bitcoin Finds Crucial Support On Bull Market Band — Will Momentum Hold

Nasdaq ignites Wall Street transformation with bold SEC filing to bring 
tokenized securities into the U.S. equities markets, merging blockchain speed 
with institutional-grade safeguards. Nasdaq Aims to Bridge Traditional Finance 
With Digital Asset Innovation Nasdaq revealed on Sept. 8, 2025, that it has 
submitted a filing to the U.S. Securities and Exchange Commission (SEC) to […]

Cryptocurrency price in CNY