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Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, reigniting bullish sentiment among investors and analysts. The global crypto market capitalization now stands at $2.66 trillion, up by 0.83%, signaling renewed momentum across major altcoins.
Cardano (ADA) Eyes Breakout Above Key Resistance
Cardano has recently faced bearish pressure, dipping to a monthly low of $0.5165. However, ADA has shown resilience, rebounding to $0.6153—a 1.37% increase in the last 24 hours. According to analyst AMCrypto, ADA is currently testing a crucial resistance-turned-support level around $0.60.
A 4-hour candlestick close above $0.67 could confirm a bullish reversal, potentially paving the way toward AMCrypto’s short-term price target of $0.70. If momentum builds, ADA may even challenge the $1.51 mark—a significant level based on historical trend patterns.
Still, AMCrypto warns that global uncertainties, including the US-China trade standoff, may influence investor confidence and delay a breakout. These geopolitical tensions remain a key factor for market sentiment in the coming weeks.
Dogecoin (DOGE) Bounces Back with Bullish Targets
Meanwhile, Dogecoin has climbed to $0.1559, posting a 2.21% daily gain after briefly plunging to $0.151. The meme-favorite coin continues to captivate bullish analysts. Prominent trader STEPH IS CRYPTO projects DOGE will hit $2 within the next three months—a bold forecast backed by CryptoSurf, who sees $1 as a realistic near-term target.
$ADA is now at its short-term support trendline.
— AMCrypto (@AMCryptoAlex) April 16, 2025
For price reversal, it needs a 4H close above $0.67
I think until US vs. China trade war isn't over, ADA breakout is a bit difficult. pic.twitter.com/IwUiyKIaFD
According to CoinGape’s 2025 price prediction, DOGE is expected to reach $0.1824687, reinforcing its long-term potential amid growing social media hype and meme coin enthusiasm.
Bottom Line: Are ADA and DOGE Ready to Soar?
As both ADA and DOGE trade near pivotal technical levels, bullish forecasts and broader market recovery suggest that a significant price surge may be imminent. If historical trends hold, April could be the start of a major uptrend for both cryptocurrencies.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Cardano Faces Pressure as 100 Million ADA Tokens Sold by Whales: Will ADA Recover?
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
