As major altcoins posted minor losses earlier today following a slight drop in Bitcoin’s price, ADA continued to show signs of strength with another 15% gain in the last 24 hours.

The start of the year has been impressive for ADA, as it surged through the $0.9 level after staying calm for over a week. That brought a halt in the four-week correction, and as we can see on the price chart, the bulls are slowly stepping back in their actions.

Though the latest surge in volatility has yet to confirm with a break. While anticipating, the $1.3 level is an important resistance to watch on the way up. A successful break above it should trigger a massive rally.

The early drop in Bitcoin’s price today was a bit worrisome as most altcoins currently paint minor loss, but ADA defied the odds as it kept rising Looking at the setup, the price remains strong on a daily scale.

If ADA loses grip above $1, the price may pull back to the $0.9 level before regaining strength. A continuous breakdown from there could cause serious panic selling in the short-term.

As of now, the bears are off the market. If they step back to resume correction, ADA may plummet into the $0.52 range before locating a threshold for a rebound. But currently, the bulls are taking charge.

ADA’s Key Levels to Watch

Moving higher, ADA may encounter resistance at the $1.18 level before reclaiming the $1.32 high, where it initiated drops last month. Crossing over this high could stir a surge to the $1.5 level in no time.

A sudden drop from the current trading level could send us back to the $0.9 support. Failure to bounce back may result in a dip to $0.765. The lower level to watch for drops is $0.69.

Key Resistance Levels: $1.18, $1.32, $1.5

Key Support Levels: $0.9, $0.765, $0.69

• Price: $1.1
• Trend: Bullish
• Volatility: High

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: Photo by Traxer on Unsplash // Image Effects by Colorcinch

Polygon price prediction 2025, predicting the price of cryptocurrencies involves analyzing various factors, including market trends, technological developments, and macroeconomic conditions.

The Role of Polygon in the Blockchain Ecosystem: Polygon, previously known as Matic Network, plays a pivotal role in the blockchain ecosystem, particularly within the Ethereum network.
 

Polygon Price Prediction for 2025

Polygon, formerly known as Matic Network, has been making significant strides as a layer-2 scaling solution for Ethereum, designed to increase throughput and reduce transaction costs. Here’s a comprehensive look at what analysts and experts predict for Polygon’s (POL/MATIC) price in 2025:
 

Current Market Context

As of late 2024, Polygon’s native token, MATIC, is navigating through a market characterized by both volatility and growth potential. The cryptocurrency has seen its share of price swings but has also benefited from increased adoption and development in the blockchain space. Polygon’s value has been influenced by several factors including upgrades to its network, partnerships, and the broader crypto market sentiment.
 

Fundamental Analysis

Technological Advancements:
Polygon 2.0: Polygon is evolving with its upgrade to Polygon 2.0, which promises to unify liquidity across its various chains. This development is expected to increase the utility and demand for POL, potentially driving up its price.
zkEVM and Scaling Solutions: With the full implementation of zero-knowledge Ethereum Virtual Machine (zkEVM) and other scalability solutions, Polygon aims to remain competitive against other layer-2 solutions like Arbitrum and Optimism.

Partnerships and Adoption:
Polygon has secured partnerships with major corporations and platforms, including Nike, Starbucks, and Reddit, which have helped cement its presence in industries beyond just DeFi. These partnerships could enhance the token’s value by increasing network usage and transaction volume.

Market Sentiment:
The sentiment around Polygon is generally bullish, considering its strategic positioning in the Ethereum ecosystem. However, this is also contingent on the overall health of the crypto market, regulatory changes, and investor confidence in layer-2 technologies.
 

Technical Analysis

Historical Performance:
Polygon reached an all-time high of $2.92 in December 2021. Since then, it has experienced significant fluctuations, but the infrastructure and community growth suggest a potential for recovery and further growth by 2025.

Price Predictions by Experts:
CoinCodex suggests that Polygon could trade within a range of $0.517567 to $0.677464 for 2025, with an average price around $0.588994. This forecast is based on historical volatility and market trends.

Changelly projects a slightly more optimistic scenario, predicting an average trading price of about $0.5893 in 2025.

DigitalCoinPrice and other sources provide varied predictions, with some suggesting Polygon could achieve a high of $0.87, while others envision a broader range up to $1.91.

AMBCrypto anticipates Polygon’s price could fluctuate between $0.59 and $0.89, averaging around $0.74 in 2025.

Posts found on X also reflect optimism, with some users predicting a $5 price target for POL in 2025 due to significant chain integrations and the impact of AggLayer.
 

Market Dynamics and External Factors

1. Competition:
Polygon faces stiff competition from other layer-2 solutions. Its ability to maintain or increase its market share will be crucial. Innovations like Polygon’s zkEVM might give it an edge in terms of transaction finality and cost.

2. Regulatory Environment:
The regulatory landscape, particularly in the U.S., could significantly impact Polygon’s price. The recent crypto-friendly policies might bolster investor confidence, but any adverse regulatory changes could pose risks.

3. Economic Conditions:
Broader economic conditions, like interest rates and inflation, will influence crypto markets. A more favorable economic environment in 2025 could lead to increased investment in cryptocurrencies, including Polygon.

4. Adoption Rate:
The growth rate of decentralized applications (dApps) and decentralized finance (DeFi) projects on Polygon will be a key determinant. More dApps and higher transaction volumes could push the price upward.
 

Long-Term Potential vs. Short-Term Volatility

While the short-term might see volatility due to market corrections, regulatory news, or technological setbacks, the long-term outlook for Polygon remains positive. The project’s commitment to expanding its ecosystem, interoperability, and scalability solutions positions it well for future growth.

Bearish Scenarios: If Polygon fails to maintain its competitive edge or if there’s a significant market downturn, prices could remain around or below the lower end of current predictions.
Bullish Scenarios: With successful implementation of Polygon 2.0, increased adoption, and favorable market conditions, Polygon could surpass even the highest predictions, potentially reaching towards $1.91 or beyond.
 

Investment Considerations

Investors should approach Polygon with a strategy that considers:
1.     Diversification: Not putting all resources into one asset, especially in the volatile crypto market.
2.     Risk Management: Understanding that even with optimistic forecasts, Polygon, like all cryptocurrencies, carries significant risk.
3.     Long-term Perspective: Polygon might be more suited for those looking at longer-term gains rather than short-term trades, given its developmental trajectory.
 

Conclusion

While price predictions for cryptocurrencies like Polygon are speculative, the consensus among various analyses points towards a potential price increase by 2025. This is supported by ongoing technological developments, strategic partnerships, and the expanding use case within the Ethereum ecosystem. However, investors should remain cautious, keeping abreast of market dynamics and regulatory changes that could impact these projections.
 

When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. 

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

The prices of most of the coins are rising today, according to CoinStats.

SOL/USD

The rate of Solana (SOL) has gone up by almost 2% since yesterday.

On the hourly chart, the price of SOL is in the middle of the local channel, which means neither side has accumulated enough energy for a sharp move. 

Related

If buyers want to be back in the game, they need to restore the rate to the $218 mark.

On the bigger time frame, one should pay attention to the interim zone of $220. If a breakout happens, the growth may continue to the $23-$240 range. Such a scenario is relevant over the next few days.

From the midterm point of view, the price of SOL is far from the key levels, which means neither buyers nor sellers are ready to seize initiative over the next weeks.

SOL is trading at $215.79 at press time.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

With 2025 around the corner, the cryptocurrency market is experiencing momentum changes in top altcoins. The once-promising tokens Ripple (XRP) and Cardano (ADA) are struggling in the market. A new project, Yeti Ouro (YETIO), also keeps drawing in investors through its highly successful presale and innovative gaming ecosystem and is making waves in the world of crypto.

Yeti Ouro: P2E Gaming And Crypto Investment Reimagined

Yeti Ouro combines the worlds of gaming and crypto with its Play-to-Earn (P2E) game Yeti Go. Yeti Ouro is rooted in a strong ecosystem with capped tokenomics, balancing utility and community-led development. The existing presale stage has garnered considerable momentum driven by the likes of token burns, staking opportunities and lively in-game economies.

Why Investors Are Betting On Yeti Ouro

1. Brand New Play-to-Earn Game: Yeti Go (Unreal Engine) is PvP racing with chaos, fun, madness, abilities, environmental hazards, and a unique staking system for YETIO tokens. The unique nature of this gaming experience has made it just as attractive to gamers as it has to investors, establishing strong demand for the token.
2. Inflationary Supply: The capped supply of 1 billion tokens ensures scarcity, which could lead to an increase in value as demand and adoption rise.
3. Community Engagement: Yeti Ouro generates community interest through meme contests, referral programs and other initiatives, fostering community loyalty among participants.

XRP News: Amid Legal Battles And Competition

According to Ripple’s CTO, XRP price is on the verge of a major increase, with growing institutional adoption and innovative payment solutions behind it.

                       1-month XRP price chart- source: CoinMarketCap

XRP Price Prediction: Comparison To Yeti Ouro

XRP’s utility in this space dramatically benefits the financial services sector, but it’s also one of the most regulated areas of crypto. In comparison, Yeti Ouro is in the new and expanding realm of P2E gaming. YETIO thus enjoys a unique position in terms of both market opportunity and a varied investor pool.

Cardano Price Prediction: Steady Development And Growth For ADA

Cardano is praised for its slow-and-steady methodology for blockchain building. Its emphasis on scalability, sustainability, and interoperability has made ADA a platform of choice for decentralized applications (dApps) and smart contracts. Through persistent upgrades, Cardano hopes to cement itself as one of the foremost blockchain ecosystems with ADA price currently at $1.09

                        1-month Cardano price chart- source: CoinMarketCap

Comparison To Yeti Ouro

Whereas Cardano has gamified appeal for developers and institutional investors, Yeti Ouro is explicitly meant for gamers and crypto geeks. Yeti Go’s interactive and immersive experience gives YETIO a unique market appeal that Cardano’s wider blockchain applications don’t compete with.

Thinking of expanding into Africa?

Avoid the common mistakes businesses during expansion. Register to learn the common mistakes business make when expanding into Africa.

Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.

Reasons Why Yeti Ouro Might Overtake Competitors

In 2025 Yeti Ouro is poised to shake up the crypto world. Similar altcoins lack Yeti Go integration, unique gameplay mechanics, and strong tokenomics.  Although XRP and ADA could still be considered solid investments through 2025, Yeti Ouro’s focus on Play-to-Earn gaming and its unique tokenomics may set them apart. With expectations of huge price growth and an all-encompassing gaming environment, Yeti Ouro may be the one to be a dark horse and outrun its competitors in the years to come.

Join the Yeti Ouro Community

Website: https://yetiouro.io/ 

X (Formerly Twitter): https://x.com/yetiouro 

Telegram: https://t.me/yetiouroofficial 

Discord: https://discord.gg/YtUsEZ2ZrV  

The weekend has started bullish for the majority of the coins, according to CoinMarketCap.

XRP/USD

The rate of XRP has risen by 1.11% over the last 24 hours.

Despite today’s growth, the price of XRP is looking bearish on the hourly chart. If a breakout of the local support happens, the decline is likely to continue to the $2.40 zone by tomorrow.

On the bigger time frame, the picture is also more bearish than bullish. The rate of XRP has made a false breakout of the recently formed resistance of $2.4798.

Related

If the daily bar closes far from that mark, one can expect a test of the $2.35 range soon.

From the midterm point of view, the situation is neither bullish nor bearish. The volume is falling, confirming the absence of buyers’ and sellers’ power. All in all, sideways trading in the zone of $2.30-$2.70 is the more likely scenario.

XRP is trading at $2.4430 at press time.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Trader Tardigrade, a notable market analyst, believes the Dogecoin to $1 target is reasonable as DOGE enters the distribution phase of his PO3 pattern.

The market commentator disclosed this in his latest update on Dogecoin’s price movements today. For context, despite closing last year, 2024, with an impressive 252% increase, DOGE witnessed bearish turbulence in December 2024, ending the month with a 25% drop.

Dogecoin PO3 Phases

During the bearish December period, Tardigrade called attention to what he called the Power of Three (PO3) pattern on the daily chart, as reported by The Crypto Basic. Notably, the chart structure features three different phases: Accumulation, Manipulation and Distribution.

According to Tardigrade, Dogecoin entered the Accumulation phase when it witnessed an impressive price upswing on the back of President-elect Donald Trump’s win in the November 2024 election. 

This Accumulation phase endured until Dec. 17, 2024, when DOGE witnessed a pullback. The pullback led to the bearish December period, leading to the Manipulation phase. Tardigrade’s chart indicates that the Manipulation phase, which featured price declines and consolidation, lasted until the end of the year, 2024.

Interestingly, Dogecoin witnessed an impressive price recovery on the back of a market-wide upswing as the new year, 2025, took form. The meme coin is already up 23.15% with just four days into the new year. Tardigrade confirmed that this rebound has catapulted Dogecoin into the bullish Distribution phase.

Dogecoin to $1

In his latest analysis, the market watcher contended that the Dogecoin to $1 price goal is reasonable, as the meme coin navigates the Distribution phase. According to him, this phase would likely push Dogecoin to $1, representing a 157% increase from current prices. This is lower than the 160% spike Dogecoin recorded in November 2024.

#Dogecoin daily candle closed.
It has just entered Distribution phase in the “Power of Three” (PO3) pattern 🔥$Doge $1 is a reasonable target in this pattern 🚀 pic.twitter.com/AoVdmTnwOl

— Trader Tardigrade (@TATrader_Alan) January 4, 2025

Notably, several analysts have echoed the Dogecoin to $1 target over the past few months. Market watcher Trading Jesus predicted this price mark in November 2024, identifying relevant support and resistance levels on the meme coin’s path. 

Also, Market veteran Ali Martinez stressed in a previous report that Dogecoin was already looking to break out again following the recent pullback, eyeing the $1 mark. Interestingly, Galaxy Research further predicted a Dogecoin to $1 target for 2025.

Meanwhile, as the rebound takes form in the new year, analyst Javon Marks highlighted in a recent report that Dogecoin is now showing strength. He expects the meme coin to first hit an initial target of $0.6533 before eventually spiking above $1 to $1.20.

$DOGE (Dogecoin) is back showing MAJOR STRENGTH and can be getting ready to finish a run to its original target @ $0.6533 with another +75% increase but prices look to have enough strength behind them to break above!

With a break above, prices could push $1.20+, which is… https://t.co/HlByhSvHEC pic.twitter.com/k3vvE9MiFB

— JAVON⚡️MARKS (@JavonTM1) January 3, 2025

In addition, another market commentator Crypto Poseidon is equally bullish. He noted yesterday that Dogecoin has now begun the second leg up, which is expected to be larger than the initial run. At press time, Dogecoin trades for $0.3878, up 15% in the last 24 hours.

Ripple’s XRP is currently up by more than one percent and is trading at the $2.45 levels. The current price action for XRP continues to follow a triangle pattern, which suggests the possibility of higher prices in the short term. There has been no confirmed top within this structure yet, and the overall analysis still points to the formation of an Elliott Wave triangle. A potential scenario involves one more higher low before the next significant upward movement in wave five.

The Ongoing Correction and Market Structure

Since topping at around $2.90 a month ago, the market has been in a correction. This correction is unfolding in a series of three waves up and three waves down, typical of a corrective phase. While a direct breakout is possible, the most probable scenario suggests one more higher low, forming part of the Elliott Wave triangle pattern. 

Key Support and Resistance Levels to Watch

The support area for XRP is defined by the Fibonacci retracement levels, located between $2.28 and $2.27. This zone is where the price could find weak support before the next move. Importantly, the primary invalidation point for this structure is a break below $1.95, the previous swing low from December 20th.

To invalidate the triangle to the upside, XRP would need to break above $2.70. A breakout above this level would signal a continuation of the bullish trend, but the market would still test all-time highs as long as it holds above $1.95.

• Also Read :
•   XRP Lawsuit News: Expert Believes Atkins Won’t Dismiss Case, Settlements Likely
•   ,

Outlook for XRP: Higher Prices Likely, but Caution is Key

While there are no minimum requirements for the E-wave, it is possible to see a shallow correction, similar to previous triangles in XRP’s history. The focus remains on higher prices, and the resistance levels to watch are at $2.55, $2.62, and potentially $2.72. A break above the $2.72 level could lead to the next phase of price discovery, possibly testing the previous all-time high around $3.30.

FAQs

XRP experienced a significant bullish surge in early 2025, with analysts predicting a potential rise to anywhere between $7 in the worst-case scenario and $20 by the end of the year.

Currently priced at $2.41, XRP has shown a steady increase of 9.71% over the past week and a slight 0.69% rise in the past 24 hours. This upward momentum follows a rally that began during the New Year celebrations.

XRP Worst Case Scenario for 2025

Amid the bullish momentum, one prominent voice in the XRP community, “The Modern Investor,” shared a promising forecast for XRP 2025. He cited an analysis that argued the worst-case scenario for XRP in 2025 is $7 per coin. Meanwhile, the expected “normal” scenario could push the coin to between $16 and $20. 

In addition to these projections, “The Modern Investor” also noted that XRP could reach $10 in the near term. He notes that this price point could trigger heightened excitement and further investments, especially among retail traders.

XRP’s extensive network of financial institutions and central banks is often cited as one of the primary reasons for such bullish forecasts. Ripple’s ongoing work with Central Bank Digital Currencies (CBDCs) further strengthens this view.

XRP Projected Dynamics Post Ripple Lawsuit

In a related update, XRP pundit Digital Asset Investor also expressed an optimistic forecast for the token’s future. Drawing insights from an AI-powered chatbot, he highlighted the potential for XRP to achieve new all-time highs following the conclusion of its ongoing legal battle.

This optimistic perspective suggests that a favorable resolution in the case could trigger significant price growth fueled by renewed investor confidence.

Over the years, the legal battle between Ripple and the SEC affected XRP’s price trajectory. For context, the lawsuit, which began in December 2020, caused a sharp decline in XRP’s value, with the coin dropping to as low as $0.17.

However, some analysts now speculate that a favorable ruling for Ripple could reverse these losses and push XRP to new price levels. XRP has already reclaimed most of the losses for the SEC case and is now attempting to break a new peak after seven years of trading below. At press time, XRP is trading at $2.41.

Rising Interest in XRP in South Korea

In a related report, recent data highlights XRP’s growing prominence, particularly in South Korea’s crypto market. Specifically, XRP surpassed Bitcoin in trading volume on local exchanges such as Upbit. 

XRP accounted for nearly three times the trading volume of Bitcoin on Upbit, with $606 million compared to Bitcoin’s $246 million. This trend was also evident on other major South Korean platforms, including Bithumb and Coinone.

• Cardano’s price hit $1 on Friday, surging 31.4% in the first 3 days of 2025 to become the best-performing top 20 crypto asset.
• The ongoing ADA rally aligns with a recent post by Cardano’s Founder on X, suggesting upcoming product launches in 2025.
• Cardano’s DeFi TVL increased by $140 million, signaling the rally is driven by organic network demand rather than speculation.

Cardano price crossed the $1 mark on Friday, having gained 31.4% in the first 3 days of 2025. Market reports suggest the rally was driven by Founder Charles Hoskinson’s recent post hinting at new product offerings in 2025. Will ADA price flip the $1.50 resistance in the coming days? 

Cardano price leads 2025 crypto market recovery

 After a volatile close to 2024, Cardano has emerged as the best-performing mega-cap crypto asset in the first week of 2025.

While Bitcoin (BTC) and Ethereum (ETH) rose 7% and 8% respectively since December 31, ADA prices have increased by more than 31%. 

Cardano price action (ADAUSDT) 

Why is Cardano’s price going up? 

Cardano’s recent price surge can be attributed to a combination of blockchain advancements and broader market optimism ahead of the new year.  

On Thursday, the network introduced its CIP-113 proposal, which focuses on programmable assets, enhanced security features and smart accounts.

According to Matteo Coppola, Cardano Senior Engineer and FluidTokens CEO, this could potentially enable the launch of “stablecoins, securities and real world assets” on the Cardano network. 

Cardano Founder Charles Hoskinson mulls over 2025 Improvement proposals | Source: X.com/IOHK_Charles Jan 2, 2025

Recent media updates show that ADA’s ongoing rally has coincided with a recent post by Cardano’s Founder Charles Hoskinson on X, endorsing the proposed CIP-113 network updates.

Within 72 hours of the post, ADA price had climbed by more than 31.4% to hit the $1.1 level at press time on Friday. 

Cardano TVL surges by $140M amid positive start to 2025 

Despite the recent market-leading 31.4% gains, other vital on-chain indicators suggest ADA prices could potentially advance further.

DeFiLlama’s Total Value Lock chart below tracks daily changes in the value of assets held within the Cardano blockchain network. By monitoring changes in TVL, strategic traders can infer the directional flow of organic capital during key market events. 

Cardano (ADA) TVL | Source: DeFiLlama 

As depicted in the chart above, Cardano price has increased from $423 million on December 30 to $569.4 million on Friday.

This reflects an increase of 32% in the Cardano DeFi capital base, closely comparable to the 31.4% price rally.

When a cryptocurrency price surge coincides with DeFi TVL inflows as observed this week, it paints a bullish outlook for the coming trading sessions.

First, it re-affirms a positive reaction to the network updates recently endorsed by the Cardano founder. 

More so, it also suggests the current rally was supported by organic network demand rather than speculative trading. 

With Cardano TVL rising at pace, ADA is likely to hold relatively high support levels and avoid abrupt corrections as it makes its way towards the $1.20 area in the coming trading sessions.

Cardano price forecast: More gains ahead if $1.20 resistance folds

Cardano (ADA) price has demonstrated bullish momentum, closing with a notable 13% gain over two days.

Rising trading volumes suggest renewed investor confidence, aligning with an uptick in the Accumulation/Distribution Line (ADL), which reflects positive accumulation trends. 

Cardano price forecast | ADAUSDT

Current price action indicates a breakout above the $1.1157 upper Keltner Channel boundary could clear the path toward the $1.20 resistance level.

A decisive close above the $1.20 territory could invite further buying pressure, potentially propelling ADA further toward the $1.50 mark.  

On the downside, if bullish momentum wanes, immediate support lies at the $0.9467 midpoint Keltner level.

Further declines could see Cardano price test the lower Keltner boundary near $0.7778. 
 

Solana (SOL), the fifth-largest cryptocurrency by market cap, is poised to continue its upside momentum after breaching one of its strong resistance levels. This upward movement follows a notable price decline of 33% in the last month of 2024.

Solana (SOL) Price Analysis and Upcoming Levels 

Today, January 3, 2024, SOL has experienced a price surge of over 6.25% in the past 24 hours and is currently trading at $217.60.

This recent price surge has caused a breakout of the trendline that SOL formed during its price decline last month. Following this breakout, sentiment for the altcoin appears to be shifting, gaining attention from both investors and traders, which has led to a 15% increase in trading volume.

According to expert technical analysis, if SOL maintains itself above the $210 level, there is a strong possibility it could soar by 22% to reach its all-time high in the future.

Are Long-Term Holders Selling-Off?

Besides SOL’s bullish outlook, one thing that traders and investors need to know is the continuous dumping by long-term holders, despite the price witnessing upside momentum, as reported by the on-chain analytics firm Coinglass.

Data shows that SOL has witnessed a price surge of over 15% in the past three days. During the same period, spot inflow/outflow metrics reveal that exchanges have experienced an outflow of a significant $201.69 million worth of SOL, indicating a potential dump by long-term holders.

According to experts and analysts, massive outflows have the potential to create selling pressure and a price decline. However, the market has not reacted to these activities, as it seems to be experiencing upside momentum.

The potential reason for this dump is the continuous discussion regarding the new health crisis in China, which has recently been compared to Covid-19.