Renowned cryptocurrency analyst Ali Martinez spoke about the road ahead for the world’s largest memecoin, Dogecoin (DOGE), Cardano (ADA), Bitcoin (BTC), and Ripple (XRP).
According to Martinez, if DOGE price can close April above $0.20, it could start a rally to the all-time high price level of $0.74. Such a breakout move would signal strong bullish momentum and could attract more users, he said.
Speaking about XRP, the analyst noted that the coin currently appears to have broken out of an inverse head-and-shoulders formation, setting a potential upside target of around $2.70 to $2.90.
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Martinez claimed that the ADA price is approaching a major test area at $0.74, and if this is overcome, a route towards $0.88 may be formed.
Finally, the analyst shared his thoughts on Bitcoin and said that according to the Pi Cycle Peak Indicator, the peak point in the BTC price could be $155,400, but this will only be valid if the price stays above $91,400.
*This is not investment advice.
Continue Reading: Experienced Analyst Shares Predictions on the Future of Bitcoin, Dogecoin, XRP, and Cardano Prices
