Cardano breakout alert: Bullish symmetrical triangle forms, Dogecoin and new coin eye $1

Cardano forms bullish pattern for $2, while Dogecoin and IntelMarkets eye $1, with INTL up 700% for early investors.

Cardano (ADA), one of the top altcoins in the market, has formed a bullish pattern that could push it to $2. Meanwhile, Dogecoin (DOGE) and a new coin are poised to reach $1 in the coming months.

The new coin called IntelMarkets (INTL) has given early investors over 700% returns on their investments, far more than what DOGE and ADA have given investors. As a result, analysts believe it could peak above $1 before DOGE.

Cardano targets $2 after bullish pattern forms

VipRoseTr, an analyst, is expecting the Cardano coin to produce a bullish breakout in the next chart period. From the daily chart, the analyst noted that ADA has formed a symmetrical triangle. This is a bullish pattern formation, which suggests an upward movement. 

Currently, the price of the Cardano token has been approaching the lower support zone at $1.059, which is a good opportunity to buy. Potential targets for the Cardano price after a breakout area $1.4594, $1.7574, and $2.0387. The Cardano coin is showing mixed sentiment on the price chart. 

Data CoinMarketCap indicates its value has dropped by 4.5% on the weekly chart. However, the Cardano crypto is up 40.1% on the monthly chart. The rising relative strength index is a sign that bulls are gaining momentum. We could see a price surge soon.

Dogecoin aims for breakout, targets $1.5

Dogecoin took the market by surprise last year after it posited a 200% gain to hit $0.48 last month. This rally allowed the Dogecoin token to climb up the crypto ladder. While the memecoin has witnessed a minor correction, CoinMarketCap data shows it is among the top 8 cryptos in the market by market cap. 

On the weekly timeframe, the Dogecoin price is consolidating between $0.3696 and $0.4471. Analysts are looking forward to a price surge in the coming days. EWT forecasts the value of the Dogecoin crypto might surge to $1.5 in the coming weeks. 

However, the meme coin must claim $0.5 and then rally to $1 first. Going forward, Dogecoin (DOGE) faces resistance at $0.44 and $0.47. Claiming this region would push DOGE to a new yearly peak of $0.5.

IntelMarkets is changing crypto trading with AI

IntelMarkets is not like the usual crypto trading platform: It is a new leap forward in the world of crypto trading. Being based on AI and blockchain, this platform allows traders, even novices, to get the most out of the crypto market. Picture a world where trading is done without constant monitoring and with high-profit potential. 

With IntelMarkets, this vision becomes real. Using such sophisticated AI tools as Rodeum AI™ and Intelli-M™ self-learning bots, IntelMarkets provides a fully automated trading environment. These intuitive and complex algorithms pay close attention to market trends, perform accurate trades, and adjust easily to changes in market situations as investors sleep. 

As a result, IntelMarkets can make retail traders more efficient and gain more returns. IntelMarkets bridges the gap between retail and institutional traders by providing access to advanced tools and features, including multi-channel analysis and up to 1000:1 leverage.

IntelMarkets is growing fast with its unique concept and support from investors. The INTL token is trading at $0.073273. According to industry experts, the token is expected to increase by 10x in the coming months.

In Conclusion

Cardano could break out of its bullish symmetrical triangle in the coming weeks. Such potential makes it one of the best altcoins to watch. Also, Dogecoin and IntelMarkets are gaining more traction in the market. Experts say their value could pump in the next few weeks.

For more information, visit the IntelMarkets presale website and join the community on Telegram and X.