As the week unfolds, the cryptocurrency market has seen a slight recovery, with Dogecoin, Solana, and Cardano experiencing minor surges. Bitcoin price gained momentum throughout the weekend, reaching a high of above $70,000, whereas ETH remains above the $2,000 level following a positive trend. The U.S. CPI Inflation were lower than anticipated, and this fueled hope in the crypto market. The move is indicative of a wider recovery in the meme coin market, after a reported technical break.
Dogecoin Price has seen a notable increase of 12%, now trading at $0.109 within the last 24 hours. Dogecoin price may eventually reach $0.12 and even gain higher above $0.15 in a bullish trend, provided that it maintains a high price at above $0.1050. Solana price surged by 4.06%, reaching $87.92 within 24 hours. If it maintains momentum above the $90 mark, it could potentially challenge the $95-$100 range.
Cardano price has gained attention as ADA has surged by 9%, reaching $0.29678 in the past 24 hours. The latest spurt has raised the question of Cardano having additional growth. The long-term ADA projection suggests that there is a potential increase to $0.35 in case ADA is able to hold on to the higher price above $0.29.
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