The Famous Analyst Described the Critical Points for Cardano (ADA), Dogecoin (DOGE) and Litecoin (LTC


The crypto currency sector continues to move horizontally after a turbulent course lasting 3-4 days. The crypto currency that attracts the most attention during the horizontal course is rising hard and falling hard Dogecoin (DOGE) It has happened. A famous analyst, on the other hand, in October critical levels for Litecoin and Cardano in addition to DOGE.

Cardano Can Go to the Record

Crypto currency analyst Scott Melker (The Wolf of All Streets), YouTube cardano is currently decoupling between the $1.50 and $0.98 levels, the company said in a statement. Cardanoexpressing that the chances of getting rid of consolidation are approaching, the analyst underlined that the rise will come if the 1.24 dollar level is raised above the level.

Melker noted that as long as the bullish expectation continues, the ISLAND can be bought at $ 1.20, which is a serious support. According to the famous analyst, if the $ 1.20 resistance is broken, the target will be $ 1.50. Melker stated that it is possible to reach the record of $ 2.20.

The DOGE Will Push the Resistance of the 0,45 Dollar

Dogecoin, which has recently achieved a serious rise through the Elon Musk effect, has also been caught on Melker’s radar. Melker expressed strong support for the DOGE and pointed out that there needs to be consolidation for this.

Emphasizing that the target is 0.45 dollars with the breaking of the 0.28 dollar resistance for the DOGE, the analyst also thinks that the way for this is clear after 0.45 dollars. As of the moment of writing this article, DOGE is trading at the level of 0.32 dollars.

It’s Time For Consolidation For Litecoin

The popular crypto currency analyst recently reviewed the Litecoin (LTC) chart. Stating that Litecoin is in the descending channel formation, the analyst stated that the 370 dollar level was targeted with the break. it is also difficult for Litecoin to lose here, while it seems that $ 250 is a significant support, the analyst stressed that LTC is actually also connected to Bitcoin.

According to the analyst, for the rise of Litecoin, the price of Bitcoin (BTC) must also rise above the $56,000 resistance. The BTC price has recently experienced a sharp decline to $ 50,000, and the analyst thinks that this decline is actually consolidation. According to Melker’s testimony Bitcoin price after breaking the 56.000 dollar, the 60.000 dollar levels can be seen again.

As of the moment of writing this article, BTC is trading at $ 54,420.

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