Posted 2/13/2024, 3:31:28 PM
Cardano Price Could Surge 20% if Key Resistance Level Broken; Dogecoin Activity Slowing Down
- Cardano (ADA) could see a 20% price surge if it breaks through key $0.54 to $0.56 resistance level where 2 billion ADA was purchased
- Breaking through this heavy supply area could pave the way for a rally to $0.68
- ADA price previously predicted to potentially rise 32% to $0.68 based on bullish descending triangle chart pattern
- Crypto analyst notes downtick in Dogecoin (DOGE) transaction volume and whale activity, signaling reduced interest/confidence
- Reduced DOGE trading activity as fewer people appear to be buying, selling or transferring the memecoin