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Cryptocurrency News Articles

Blockchain Baller Bullish On Dogecoin (DOGE) With Elluminex (ELX) Set To Flip Cardano (ADA)

Feb 03, 2025 at 03:29 pm

With President Donald Trump's return to the White House, crypto enthusiasts hope this will translate to a more bullish run for the crypto market.

Blockchain Baller Bullish On Dogecoin (DOGE) With Elluminex (ELX) Set To Flip Cardano (ADA)

Crypto influencer and analyst Blockchain Baller is optimistic about Dogecoin (DOGE) and Cardano (ADA) price movements in 2023, predicting a bullish run for both altcoins. Additionally, the article highlights Elluminex (ELX) presale performance and its role in bringing DeFi to the TON blockchain.

Here's a summary of the key takeaways from the article:

* Despite President Donald Trump's return to the White House and hopes for a more bullish crypto market, the market has yet to witness massive rallies. However, forecasters predict that top altcoins like Dogecoin and Cardano will surge.

* While Dogecoin and Cardano's market activity is booming, Elluminex (ELX), a presale star, is breaking barriers in the DeFi space. The project brings DeFi features to the vast TON network.

* Blockchain Baller expects Dogecoin crypto to move upward towards the $0.36-$0.40 range, highlighting liquidity at the lows and potential for a reversal. Meanwhile, Ali Martinez observes that whales amassed over 460M DOGE tokens in the recent market dip.

* Cardano (ADA) price shows a 9% gain in the past 24 hours, but the popular altcoin is yet to replicate the success seen in the 2021 bull season. Currently ranked among the top 10 cryptos in CoinMarketCap.

* Despite Cardano's underperformance, crypto analyst AMCrypto is optimistic as long as the ADA price stays above the $0.80 support level. Another popular analyst with over 1.4M followers on X, Carl Moon claims that as long as the Cardano token holds the $0.90 support zone, it could hit $1.3 and potentially $1.90 soon.

* Ali Charts' latest Cardano price analysis claims that the altcoin's TD sequential presents a buy signal. However, technical analysis from Tradingview shows that the Cardano crypto price is slightly below the 30-day SMA ($0.986).

* Elluminex (ELX) aims to transform the TON blockchain by introducing liquidity, enabling users and developers to tap into the network. The cross-chain bridging solution allows users to swap digital assets across various blockchain networks at the lowest cost.

* By leveraging the over 950 million active users and Telegrams' close to 1 billion users, Elluminex seeks to offer users a platform to trade, stake, farm, and track their portfolio with ease.

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Other articles published on Feb 03, 2025