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Cardano eyes $1.4, Dogecoin shows bullish signs, and INTL surges 600%, dominating the crypto scene.
Cardano (ADA), one of the top crypto coins, is showing positive movement on the price chart. The cryptocurrency had reclaimed the $1 level and analysts forecast it could rise to $1.4 in the coming weeks.
Meanwhile, Trader Tardigrade has highlighted a bullish indicator on the Dogecoin (DOGE) price chart. In other news, IntelMarkets (INTL) is the best ICO in the market right now. Its value has increased by over 600% to its current price of $0.064091.
Cardano shows resilience, targets $1.4
Cardano (ADA) has regained the $1 level after a recent downturn that pulled it to $0.9. CoinMarketCap data reveals the Cardano price has fallen by 16.5% on the weekly chart. However, the cryptocurrency continues to hold strong on higher timeframes.
So, analysts are hoping for a trend reversal in the coming weeks. AlparslanAntpgl predicts the value of the Cardano token could soar to $1.4 in the coming weeks. The analyst highlighted a major support around $0.98-$1.02.
Holding this level could determine the price movement of the Cardano coin. Another analyst called CW predicts a higher target of $1.9. Looking ahead, some of ADA’s technical indicators are bullish. The relative strength index is above 50, which is a bullish sign.
Also, it is trading above the 50-SMA at $0.698013, which is a sign that bulls are in charge. To support the uptrend, the Cardano team has launched Daedalus v7.0.0, an updated version of its full-node desktop wallet software.
Dogecoin: Analyst predicts uptrend as RSI drops
Analyst Trader Tardigrade has posted a bullish Dogecoin price prediction, which has brought relief to the community. According to him, Dogecoin’s relative strength index rose to the overbought region when DOGE price rallied to a peak of $0.48 levels a few weeks ago.
However, the RSI has dropped to 50, Tardigrade added. This decrease comes as the Dogecoin price drops in the weekly timeframe. The analyst forecasted the retracement has placed the Dogecoin token in a position for another potential wave up.
In the meantime, the value of Dogecoin (DOGE) has dropped by 4.5% on the weekly timeframe. It has been consolidating between $0.3696 and $0.4758 during this period. However, CoinMarketCap data indicates the Dogecoin price has increased by 38.0% on the monthly chart. This means that ADA might record some gains in the coming days.
IntelMarkets presale gains traction, $1 in view
Since the launch of its presale, there has been a massive demand for IntelMarkets because of its next-gen AI-powered trading platform. The project has already received more than $4.1 million in funding as it nears its launch. The primary advantage of IntelMarkets over other platforms is that it uses artificial intelligence and blockchain technology.
IntelMarkets provides traders with a multichannel analysis tool where traders can simultaneously watch different assets and receive reports. Within seconds, IntelMarkets gives users sufficient information to make better decisions.
Another feature of IntelMarkets is the dual-chain architecture. It is built on the Ethereum and Solana blockchains. This means that traders can select the most appropriate blockchain depending on their needs: Ethereum for smart contracts or Solana for fast and cheap transactions.
Features such as multichannel analysis and dual-chain architecture make IntelMarkets one of the best DeFi projects to watch out for in the market. The INTL coin has skyrocketed by more than 600% to reach $0.064091. Analysts forecast the value of its native token could pump by to $1 in the coming months.
In summary
Investors who want to see gains in the coming weeks should keep an eye on Cardano and Dogecoin. Analysts also advise that they keep an eye on the new DeFi project, IntelMarkets. They forecast its tokenomics and utility could push its value to $1 in the coming months.
For more information, visit the IntelMarkets presale website and join the community on Telegram and X.
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