Experts from Rekt Capital have presented an analysis concerning the future price dynamics of Kadena (KDA) and Dogecoin (DOGE), highlighting key support levels that could influence their future price movement.
Kadena Analysis
Expert opinion emphasizes that Kadena has shown significant resilience by maintaining an important Macro Higher Low support for the past five months, indicating a potential price increase with a target to reach higher resistance levels.
Dogecoin's Situation
In the case of Dogecoin, DOGE has successfully broken its primary downtrend and has now confirmed it as support. This event might signify the onset of a new uptrend. Analysts note that DOGE needs to reclaim the $0.12 level to continue climbing to $0.16 and $0.20.
Conclusion
The overall forecast suggests positive developments for Kadena and Dogecoin if current supports are maintained, potentially leading to their rise in the near future.
Maintaining the critical support level could play a key role in the further growth of KDA and DOGE, making current events significant for understanding future price trends.