Ethereum

Rally

Cryptocurrency

Cardano

Dogecoin

Cryptocurrency analyst Ali Martinez shared his views on the future of Dogecoin, Cardano and Ethereum in a recent analysis.
Currently trading at $0.05945, Dogecoin is nearing the top of its multi-year descending triangle formation. According to Martinez, a close of the weekly candlestick above $0.0835 could trigger the start of a new bull season for Dogecoin and potentially push its price to $1.
However, according to Martinez, DOGE users should consider the $0.0482 support level. The analyst thinks that any signs of weakness at this level could lead to a new yearly low.
Related News: <a href="https://en.bitcoinsistemi.com/beware-volatility-very-high-in-this-altcoin-up-50-percent-in-5-minutes/" target="_blank" rel="noopener noreferrer nofollow">Beware: Volatility Very High in This Altcoin - Up 50 Percent in 5 Minutes</a>
Martinez's analysis of Cardano reveals an interesting pattern. According to the analyst, Cardano's current consolidation trend is eerily reminiscent of the years 2018-2020. If history repeats itself, ADA could remain in this consolidation phase until July 2024.
According to the analyst, barring unforeseen events such as the COVID-19 crash, ADA may debut as early as December.
According to the analyst, Ethereum is currently moving in a stable range. Interestingly, the TD Sequential indicator gave a positive signal at the lower end of this range, indicating that Ethereum could rise as high as $1,630. However, the analyst said caution is needed and if Ethereum closes below $1,530, the bullish expectation will be invalidated.
*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/analyst-expects-potential-1-rally-in-dogecoin-if-this-level-breaks/">Analyst Expects Potential $1 Rally in Dogecoin If This Level Breaks</a>

Analyst Expects Potential $1 Rally in Dogecoin If This Level Breaks

Bitcoin Sistemi EN

Other articles published on Oct 15, 2023

5 Popular DeFi Projects That Are Very Likely To Yield Profits

Binance Decides to List an Altcoin in Futures, Which Soared 90 Percent Today

Metal DAO (MTL) Price Prediction 2024, 2025, 2030, 2040, and 2050

5 Canadian Consumer Good Stocks That Are Profitable Investments

SEGA, Double Jump Tokyo execs see future in blockchain gaming

The $27k question: Can Bitcoin’s close defy odds?

Join our free newsletter for daily crypto updates!