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ADA analysis:

ADA is trading in the broadening channel and the price continues the uptrend. The support is $0.36-$0.37 area and this is the zone for new entries. The resistance is $0.41-$0.42 area and a break above this will send the price toward $0.49-$0.50 resistance.

The current demand for Inscription transactions has sent the Bitcoin Transaction Count Momentum to its highest level since Jan 2021.

The rapid ascent in Transaction Count reflects a significant increase in network activity, as demand for on-chain transactions begins to return.

FTM analysis:

FTM bounced from the daily candle support area. The major resistance is the $0.65-$0.68 area. If you have open long positions then increase your stop loss to the buying price. The local support is $0.45 and major support is $0.40 level.

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