Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Cardano dips below $1, but analysts expect $2 soon. Dogecoin eyes $30, while AI token INTL surges 700%, targeting 15x in 2025.
Table of Contents
Cardano (ADA) is one of the altcoins that is suffering from the ongoing liquidation in the crypto market. Its value has dipped below $1 but analysts say ADA might rise to $2 soon. In other news, Tardigrade believes the value of Dogecoin (DOGE) could rally to $30 in the coming months.
According to the analyst, the memecoin’s price chart is mirroring a bullish pattern from previous cycles. Meanwhile, AI coins like IntelMarkets (INTL) are going against the downtrend, rising by 700% and raising over $5 million in funding. Given its unique utility and connection to the $36.5 billion crypto trading sector, analysts expect a price surge of 15x in Q1 2025.
Cardano price declines, analysts predict recovery
Cardano, one of the top crypto coins last month has been overrun by bears. Price information from CoinMarketCap shows its value has decreased by 20.2% on the weekly chart and 26.8% on the biweekly timeframe.
The only consolation Cardano coin holders have are the price increases of 10.4% and 47.4% on the monthly and yearly charts. Looking ahead, Tanxcrypto forecast the Cardano price could surge to $1.2-$1.4 in the short term.
The analyst expects a mid-term target of $1.6-$2.0 if the bullish momentum continues. Another analyst called InvestingHaven notes that the Cardano crypto must hold the support around $0.824 to reach new levels in the coming year.
The cryptocurrency enthusiast expects a rally to $1.88 and then $2.55 in a very bullish scenario. In the meantime, some of ADA’s technical indicators are still bullish
Go to Source to See Full Article
Author: Guest Post
