Following the latest DIP after Israel attacked Iran on June 13, the cryptocurrency market brought a slight recovery last weekend. The market appears to be facing another revision today, Tuesday, June 17th. Both are traded in the red zone on almost every time frame. Both have dropped by more than 10% on their weekly charts.
Cardano and Dogecoin hit the brunt of the market
Doge prices fell 2.2% on daily charts, 10% on weekly charts, 10.7% on 14-day charts, and 19.9% on previous month. Despite the massive dip, Memocoin has grown 28.5% since June 2024.
Like Dogecoin (Doge), the ADA is also facing considerable fixes at the moment. This asset is down 1.8% on daily charts, 10.1% on weekly charts, 8.4% on 14-day charts and 15.1% on monthly charts. The ADA has maintained some healthy profits last year. Assets have grown 53.4% since June 2024.
The latest market dip comes after President Trump leaves the global leader summit. The president then posted about the true society that everyone should evacuate Tehran. Many have predicted an escalation of the Israeli-Iran conflict. An increase in military deployment could lead to increased volatility in the crypto market.
Which assets could recover first?
According to Changelly, Dogecoin (Doge) will rise to $0.226 on July 12th. Doge’s price will rise 30.6% if it reaches its $0.226 target.
Like Dogecoin (Doge), Changelly is also looking forward to Cardano (ADA) meeting over the next few weeks. The platform expects its assets to reach $0.804 on July 12th. The ADA price will rise approximately 27% if it reaches its $0.0804 target.
Changelly estimates that Dogecoin (Doge) will bring about a greater recovery over the coming weeks.