Market Overview: Ethereum and Cardano Face Bearish Pressure, Digitap Emerges
The recent market swing has increased bearish pressure for Ethereum and Cardano. However, both coins remain above key technical support levels. Meanwhile, investor attention is shifting towards a new ICO crypto called Digitap ($TAP). The cryptocurrency is currently topping investors' watchlists as the next 50x token, due to its utility and presale growth. Digitap has raised over $950K in funding and sold 69 million coins. Investors are scrambling to pick the coin at its present value since its prices are projected to rise by 38% in the near future.
Ethereum Holds Above $3,800 Support: Will ETH Pump Now?
The Ethereum token has been on the decline in the last seven days. Per CoinMarketCap, the ETH coin trades around $3,700-$4,100 with support at $3,800. Presently, the momentum is subdued. The RSI has not been able to regain the 50 level, which is a major indicator of a possible trend reversal.
In the meantime, Ali_Charts says that the Ethereum price may fall to lower values. The analyst posted a target of $3,700 on his X page. In contrast, Poseidon predicts that the price of Ethereum may pump to $8,400.
If Richard Wyckoff were alive, he would buy $ETH here. pic.twitter.com/0ZWXcgJZ9C
— Poseidon (@CryptoPoseidonn) October 22, 2025
According to the analyst, the Ethereum price has been following a Wyckoff pattern and is ready for upside movement. Additionally, Gordon anticipates the Ethereum price to reach $5,000. Once complete, Gordon expects the altcoin to skyrocket to a new peak, saying it is over for bears.
Once $ETH breaks above $5K, it'll be game over for bears.
Do you understand? pic.twitter.com/FDngOFnBzM — Gordon (@AltcoinGordon) October 22, 2025
Cardano (ADA) Must Hold Support For Uptick, Says Analysts
The Cardano coin continues to battle with sell pressure on the charts as bulls fail to secure an upside past $0.68. CoinMarketCap data shows that the ADA price has been trading below this level in the past week, with $0.60-$0.62 acting as a major support.
Given the current price movement, the Cardano price is now down by 4.6% on the 7D chart. Despite the downtrend, the DeFi coin still boasts a YTD gain of 75.6%. Looking ahead, technical indicators paint a bearish picture for Cardano.
The RSI has dropped to 34, signaling high selling pressure. Also, the Fear and Greed Index is in the Fear Zone. Meanwhile, analysts say a broader market recovery could turn the tide in Cardano's favor. Carl Moon forecasts the Cardano price could climb to $0.73 if the current support holds. Another expert, Ali Chart, noted that the ADA price trades inside a triangular pattern.
$0.62 must hold as support for Cardano $ADA to have a real shot at breaking out toward $1.90. pic.twitter.com/INQ5TRHcu4
— Ali (@ali_charts) October 21, 2025
He added that the price of Cardano must hold the current support level at $0.62 to have a real shot at an upside. If this happens, Ali predicts a breakout to $1.90 in the coming weeks.
Digitap Speeds Up Cross‑Border Payments with Low Fees and Instant Cards
It is no news that traditional international transfers often take 1-5 days before the recipient receives the funds. Additionally, senders may incur fees of up to 6.2%, creating friction for those sending money abroad. Digitap, the world's first omni-bank, is building a platform that offers a better solution.
Its mobile app, which is available on Google Play Store and App Store, allows users to move funds globally in seconds and with fees of under 1%. This feature is beneficial for freelancers, migrants, and businesses who need speed.
Additionally, Digitap features a crypto-to-fiat conversion system that enables customers to spend cryptocurrency or fiat in real-time. They can also use virtual or physical cards, plastic, metal, or custom design, and set spending limits or freeze cards instantly from their phone.
Digitap's goal is to link legacy rails like SWIFT and SEPA with blockchain networks such as Bitcoin and Ethereum, giving people access to global money tools behind a single dashboard.
Meanwhile, onboarding is fast on Digitap as users do not have to submit KYC forms. For those tired of slow banking systems and high remittance fees, Digitap offers a real alternative.
Currently in the second round of its presale, the $TAP coin trades at $0.0194, a favorable entry price for investors seeking to grow their portfolio by 38% as the price increases to $0.0268. Investors who wish to be part of the next giant project do not want to miss round two.
What is the Next Big Cryptocurrency 2025?
While Ethereum and Cardano attempt to stabilize, Digitap's momentum is hard to ignore. Its presale growth has attracted a lot of investors searching for the best cryptocurrency to invest in today. With the price expected to increase by 38% in the next six days, investors will have to move quickly to get $TAP at its current price.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.Digitap.app
Website: https://digitap.app/
Social: https://linktr.ee/DigiTap.app