Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only.
Cardano has fallen below $1, but analysts expect $2 soon. Dogecoin eyes $30, while AI token INTL rises 700%, targeting 15x in 2025.
Cardano (ADA) is one of the altcoins suffering from ongoing liquidation in the cryptocurrency market. Its value has fallen to less than $1, but analysts say ADA could rise to $2 soon. In other news, Tardigrade believes the value of Dogecoin (DOGE) could rise to $30 in the coming months.
According to the analyst, the memecoin price chart reflects a bullish pattern from previous sessions. Meanwhile, such as AI coins IntelMarkets (INTL) It is bucking the downward trend, rising 700% and raising more than $5 million in funding. Given its unique utility and connection to the $36.5 billion cryptocurrency trading industry, analysts expect a 15-fold price rise in the first quarter of 2025.
Cardano price declines, analysts expect recovery
Cardanoone of the top cryptocurrencies was overtaken last month by bears. Price information from CoinMarketCap shows that its value fell by 20.2% on the weekly chart and 26.8% on the biweekly time frame.
The only consolation that Cardano holders face is the price rise of 10.4% and 47.4% on the monthly and yearly charts. Looking to the future, Tanxcrypto expects the price of Cardano to rise to $1.2-1.4 in the short term.
The analyst expects the medium-term target to be between $1.6 and $2.0 if the upward momentum continues. Another analyst called InvestingHaven notes that the Cardano cryptocurrency should hold support at around $0.824 to reach new levels next year.
Cryptocurrency enthusiasts expect a rise to $1.88 and then to $2.55 in a very bullish scenario. Meanwhile, some technical indicators for ADA remain bullish. The fast stochastic (14) is showing a buy signal which means the bulls are fighting for a price reversal.
Analysts expect a $30 rise for Dogecoin
Trader Tardigrade, one of the top cryptocurrency experts at X, posted an optimistic forecast for Dogecoin. According to him, the next pump for the Dogecoin token is on the way. Tardigrade based its predictions on the historical chart of DOGE.
The chart shows that the meme had a double bottom during the bear cycle of 2019 and 2020. Following these events, an emerging down channel pattern emerged followed by a major breakout.
Its chart also revealed that the Dogecoin cryptocurrency had two bottoms in bear markets in 2022 and 2023 and formed a bearish channel before the breakout. Analyst Tardigrade is convinced that memecoin is doing just that with its current price action.
The price of Dogecoin is expected to rise to $30. Meanwhile, CoinMarketcap data shows that the Dogecoin token was in a downtrend after missing the key support of $0.4. Its price fell by 20.7% and 15.9% on the weekly and semi-weekly time frames, respectively.
IntelMarkets is assembling a team of experts to build the best trading platform
IntelMarkets It is taking the world of cryptocurrencies by storm, beating even Cardano and Dogecoin. IntelMarkets It has assembled a team of experts that includes former employees with experience at Google, OpenAI, Goldman Sachs, and Renaissance Technologies.
This team of professionals aims to design an AI-powered trading platform that is more advanced and unique than existing platforms. The core of IntelMarkets is Rodeum's unique AI-based trading bots. These robots can carefully study market patterns, find profitable trades, and learn from mistakes. To further enhance its predictive power, IntelMarkets has the Intelli-M multi-channel analysis tool.
This unique system carefully scans over a thousand trusted feeds, providing highly accurate trading signals that enable traders to exploit rare market opportunities. IntelMarkets is driven by one mission: to make effective trading strategies available to the general public and help retail traders make more money than ever before.
The project has recently gained great popularity among analysts, and the price of the INTL token has performed better than that of Cardano and Dogecoin, rising by more than 700%. At the current price of $0.073273, the INTL token offers investors an opportunity to be part of this revolutionary project.
Analysts chose IntelMarkets as the best cryptocurrency to buy compared to Dogecoin and Cardano
While the price of Dogecoin and Cardano fell after a massive correction, investors turned to IntelMarkets. AI coin is among the best currencies to invest in right now. Analysts expect its price to rise 15 times in the first quarter of 2025.
For more information, visit IntelMarkets pre-sale site And join the community on cable and X.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users should conduct their own research before taking any actions regarding the Company.
Source link