Crypto analyst Rekt Capital predicts a bullish future for altcoins, with Dogecoin (DOGE) leading the charge.
Altcoin Market Outlook
The analyst’s “OTHERS” chart, which tracks all cryptocurrencies excluding the top 10, suggests a potential bounce off the $250 billion support level. The next target is $315 billion, with a potential rally to $425 billion.
Dogecoin Confirms Uptrend
DOGE has confirmed its macro uptrend after retesting the $0.12 support level. The next resistance levels are $0.20 and $0.278.
Bitcoin Support
Bitcoin (BTC) has potentially found support around $60,000, confirming a weekly close above this level.
Conclusion
Altcoins are expected to rally, with DOGE leading the way. Bitcoin has also found support, suggesting a bullish outlook for the overall crypto market.
