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Meme cryptocurrency Dogecoin (DOGE) is currently exhibiting a bullish bias, consolidating its price above the $0.15 support zone amid short-term positive market sentiment.  This comes as the Dogecoin community anticipates the coin maintaining this position, potentially driving its valuation towards the $1 mark. Notably, this milestone appears achievable based on an Analysis by crypto trading expert Ali Martinez in an X (formerly Twitter) post on April 20. Martinez highlighted that Dogecoin has formed a historical classic pattern , suggesting a possible significant breakout .  Picks for you SHIB key support and resistance levels to watch this week 1 hour ago Bitcoin miners scooped $100 million for record daily revenue 2 hours ago Buy signal for two strong cryptocurrencies this week 3 hours ago In retrospective: Gold’s new all-time high against the dollar 3 hours ago He observed that the familiar pattern for DOGE emerged after breaking out from...

Cardano’s (ADA) DeFi ecosystem finally surged in 2023 after years of developments, promises, and awaiting. This growth fueled the demand for its native token ADA, renewing investors’ confidence and forecasts. Much of Cardano’s past price action was mostly speculative in future deliveries that started happening recently. Notably, the speculative nature was enough for a bull run to $3.00 in 2021, following a consolidation range breakout. With the fresh demand, ADA could be on its road to reaching $7 per token soon. According to the renowned cryptocurrency trader Ali Martinez, ADA surged nearly 3,000% from the 2020 breakout to all-time highs. The trader’s account @ali_charts shared this Analysis on X (formerly Twitter) on January 19. Moreover, Martinez sees a possible repetition of this pattern as Cardano threatens to break out of a consolidation range again. In this context, ADA could reach $7.00 by 2024-2025 if the token’s further price action mirrors the previous perf...

Monero price moved sideways in the past few days as the recent rally faded. The coin retreated to a low of $152.18, a few points below this week’s high of $157.16. It has risen by more than 12% from the lowest point in September.  Monero, like other cryptocurrencies, are reacting to the ongoing war in Israel, which started on Saturday. The fear is that this war will push energy price s higher, forcing the Federal Reserve to continue hiking rates in the coming months.  The price of Brent rose to $87.40 while West Texas Intermediate (WTI) soared to $85.60. Natural gas has also risen in the past few days. The next key catalyst for Monero and other cryptocurrencies will be the upcoming FOMC minutes scheduled for Wednesday. These minutes will provide more information on the last meeting and provide more color on what to expect in the next meeting. The other important data to watch will be the upcoming US consumer price index (CPI) data.  Econo...