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Experienced Analyst Predicts XRP, Cardano and Dogecoin Price! In two of them he thinks of the bull and in one he thinks of the bear!
Cryptocurrency analyst Ali Martinez has published his analysis, including price expectations in popular altcoins, following recent events that have caused high volatility in the market.
Speaking about the Cardano (ADA)**, which is also included in the US Strategic Cryptocurrency Reserve announced by Donald Trump, the analyst said that the coin is consolidating in a descending triangle pattern, which could potentially trigger a 33% price movement in the near future.
Additionally, unusually, the analyst claimed that ADA could experience a rally towards $10 if it stays above the $0.80 support and breaks the $1.20 resistance.
Offering a more bearish outlook on XRP, the analyst said that the coin appears to be forming a head-and-shoulders pattern and could potentially target $1.20 if the pattern is confirmed.
Finally, Ali Martinez, who made a statement about **Dogecoin (DOGE)****, claimed that if the $0.17 level support at the lower boundary of the channel in which the DOGE price is located, it could trigger a strong bounce back towards $2.74.