The cryptocurrency market is currently offering mellow results. With Bitcoin hovering at price levels between $94 and $96, the market is anticipating a breakthrough, keeping hopes high in the middle of bearish momentum. The main coins are doing their best to combat current price pressures. Can Dogecoin (Doge) and Cardano (ADA) withstand current pressures? If yes, how high can they both really surge? Let’s look into it.
Dogecoin Price Analysis
Dogecoin is one of the leading market candidates. Cryptocurrency has charted detailed price ranges with its own merits in search of incredible highs between bulls’ momentum. The coin is also supported to some extent by Elon Musk. This helps Doge get a fresh catch of price attention and activity whenever Musk improvisedly mentions Dogecoin.
Tokens are currently trending for two reasons. First, the token is part of the rising ETF story, awaiting approval from US Sec. Secondly, it is speculated that tokens are part of X money. This is a rumor that has not yet been confirmed by those involved. However, speculation itself has recently given Doge a strong drive.
By May 10th, the token could stabilize around $0.16.
According to Cincodex, Dogecoin may investigate the depth of its low price by the end of May 2025.
“According to current Dogecoin price forecasts, DogeCoin prices are projected to fall by -16.60% by June 4, 2025 to $0.143119. According to technical indicators, the current sentiment is neutral. Prediction, now is a good time to buy Dogecoin.”
Cardano Price Analysis
Cardano is another major cryptocurrency token, touted as a true decentralized token from the lot. Tokens are now part of the new ETF story and are helping to attract new investors. According to new data from Token Terminal, the ADA has leveraged 87 active core developers a week in the past 365 days. Meanwhile, Solana averaged weekly active developers for an average of 49 weeks. This comparison has a volume on the growing prestige of ADA and the fact that developers choose to build on ADA compared to Solana.
Meanwhile, Cardano is also preparing to accept the highly anticipated Leio upgrade. This network upgrade is set up to help Cardano improve transactional output and increase speed and processing.
With each CINCODEX, the ADA will be able to sit at a new price spot of $0.76 by May 10, 2025.
By the end of the month, the token could stabilize its $0.78 price mark.
“According to current Cardano price forecasts, Cardano prices are projected to rise by 16.03% to $0.78172 by June 4, 2025. According to technical indicators, the current sentiment is neutral. Now is a good time to buy Cardano.”