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Cardano eyes $1.4, Dogecoin shows bullish signs, and INTL surges 600%, dominating the crypto scene.
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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.
