Cardano Up 26%, Dogecoin Up 18%: Can ADA Hit $1 and DOGE Reach $0.25 by July’s End?

Sean Williams
Cardano (ADA)

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Key Takeaways:

  • Cardano (ADA) could hit $1.03 by mid-August, driven by ecosystem upgrades and bullish sentiment.
  • Dogecoin (DOGE) eyes a move to $0.28 after breaking past $0.20 resistance.
  • July 2025 may become a defining month for both tokens as market confidence surges.

With Bitcoin recently breaking past $120,000, the broader crypto market has surged in tandem. Among the standout performers are Cardano (ADA) and Dogecoin (DOGE), two of the most recognizable altcoins. Both tokens are witnessing renewed investor interest and strong technical indicators suggesting potential breakouts this July.

Cardano (ADA) Sees Renewed Bullish Potential

Cardano has taken significant steps toward expanding its ecosystem, with the launch of Midnight, a sidechain focusing on privacy and secure data handling. The project aims to bring confidentiality to blockchain transactions in sensitive areas like health and finance.

From a price perspective, renowned analyst Ali Martinez believes ADA could see a major upswing. He highlights that “a daily close above $0.85 could propel Cardano toward the next key resistance at $1.31.” CoinCodex supports this optimism, predicting ADA could hit $0.90 by the end of July and even surpass $1 by mid-August. The sentiment is currently bullish, with a Fear & Greed Index rating of 74—indicating strong market confidence.

Dogecoin (DOGE) Battles Resistance with Eyes on $0.36

Dogecoin is also showing bullish signals, currently fighting to break the key resistance level at $0.20. If successful, DOGE could rally toward the $0.36 mark, as pointed out by market analysts. Trader Tardigrade suggests a shorter-term target of $0.26 may be achievable if momentum holds.

Also Read: Cardano (ADA) Soars 27% Weekly, But $0.78 Liquidity Zone Signals Possible Bull Trap

CoinCodex forecasts DOGE to reach $0.25 by the end of July, with potential for a further rise to $0.28 by mid-August. Similar to ADA, DOGE’s market sentiment remains bullish with a Fear & Greed Index at 73 and a 63% green day ratio over the past month.

ADA vs DOGE: Who Will Lead the July Altcoin Rally?

While both tokens are showing promise, Cardano’s recent technical developments and strong ecosystem expansion could give it a slight edge. On the other hand, Dogecoin’s meme-driven popularity and historical price action continue to fuel its short-term gains. Investors are closely monitoring resistance levels and trading volume for clues about the next big move.

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

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