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Crypto Prune > News > Crypto > Cardano > Ada’s $5 Moment, Doge’s $1 a day: Closer than you think
Cardano

Ada’s $5 Moment, Doge’s $1 a day: Closer than you think

10 months ago 3 Min Read

Currently, the Crypto market is bustling with ADA price predictions and Doge price predictions. Honestly, the charts seem pretty interesting. It appears Cardano is being prepared for a potential breakout, but Dogecoin – yes, that Dogecoin – is finally preparing for the much-anticipated $1 run. As the bulls intensify in 2025, both of these coins have attracted a lot of attention not only from retailers but also from big money players.

When will the ADA reach $5 and Doge reach $1? This is what’s going on

Cardano’s whale movement suggests a big move

Currently, the price of the ADA is fluctuating at around $0.70, which isn’t too promising on the surface, but under the hood everything is starting to get hot. ADA price forecasts are affected by the whales group in this group. Whales continue to accumulate more coins after an average increase from 12 billion to 12.8 billion since January. Even bigger players have acquired more ADAs between the 100m to 1B ADA counterparts, increasing their stakes from 2.6B to 3.14B ADA since March.

And then there’s staking. Last month, 307 million ADAs (worth approximately $215 million) were locked up. Furthermore, looking at the daily charts, there is a clear drop pattern. This has historically tended to lead to bullish breakouts. This could further impact ADA’s price forecasts.

Dogecoin’s chart looks dubious and bullish

Doge, meanwhile, costs $0.18, but the 8-hour chart shows reverse head and shoulder patterns. This is usually a good indication. I also buy whales here. Last week, $100 million (worth approximately $18 million) was scooped up. Their total holdings have risen from 10.3B to 10.59B Doge since March.

See also  Cardano: Can Ada rise 30% amid interest rate cuts?

Some analysts believe Doge will soon see a surge of 5-10%. This will set the stage for a $1 phase by the second half of 2025. The 50th period moving average is maintained as support.

Bitcoin Factor – Because everything depends on BTC

Here it is: Both ADA and Doge need Bitcoin to work together. If BTC actually hits $200,000 by the 2025 quarter (as some estimates suggest), Altcoin Wave can easily push Cardano to $5 and Dogecoin to $1. The ADA has the advantage of expanding integration with Bitcoin, but Doge, well… that’s Doge. Meme power and community hype are always wildcards.

What’s not going well? (Because Crypto loves dramas)

Of course, nothing is guaranteed. Regulatory surprises, exchange issues, or sudden changes in the market mood can slow these goals. Whale activity and staking trends look promising, but let’s become reality. The crypto market has a humble way to even predict ADA prices, the most confident.

TAGGED:Cardano
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