This significant sale could trigger sharp movements in Cardano’s price. Meanwhile, DOGEN remains resilient, steadily advancing toward the $1 mark. These contrasting dynamics set the stage for intriguing developments in the digital asset landscape.
The cryptocurrency market faces a potential shake-up as Cardano’s foundation prepares to offload a vast quantity of ADA tokens.
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Cardano poised for breakout: ADA could surge past resistance levels soon
Cardano is trading between $0.3193 and $0.3553, showing signs of consolidation. The RSI is above 56, indicating growing bullish momentum. With the MACD positive, ADA might soon test the nearest resistance at $0.3777. A break above this could see it reaching the next resistance at $0.4137, which is about 17% higher than current levels. The 10-day SMA is close to the current price, suggesting potential upward movement. Despite slight declines over the past week and month, indicators point toward a possible rally. If the altcoin season kicks off, ADA could be set for significant gains.
Conclusion
Amid ADA’s anticipated volatility from a significant sell-off and less short-term potential in other coins, DOGEN stands out. Designed for those seeking luxury and success, DOGEN expects 700% growth by the end of the presale. Following tokens like BONK, WIF, and Popcat, it offers real benefits and builds a community of leaders committed to market dominance.
Site: Dogen crypto
Twitter: https://x.com/dogenmeme
Telegram: https://t.me/Dogen_Portal
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/cardano-price-set-for-major-volatility-as-foundation-plans-500m-ada-sell-while-dogen-holds-strong-onward-to-1-price-mark