A popular cryptocurrency trader, Rekt Capital, is predicting significant price increases for both Avalanche (AVAX) and Dogecoin (DOGE).
Avalanche’s Ascent
Rekt Capital, who boasts a large following on X (formerly Twitter), believes Avalanche is poised for a major rally. He points to AVAX’s recent price action, highlighting that it successfully turned a resistance level of $38.57 into support. This, he argues, sets the stage for a potential climb towards $60, a price level last seen in March. AVAX is currently trading around $42.90, already up over 70% this month.
Dogecoin’s Continued Upward Trend
Rekt Capital is also bullish on Dogecoin. Despite its recent impressive gains (over 200% in a few weeks), he sees further potential for growth. He suggests that any dips below $0.40 would present buying opportunities. A daily close above $0.39 would confirm a breakout to even higher prices, according to his analysis. At the time of writing, DOGE is trading at $0.44, already closing a day above Rekt Capital’s predicted confirmation level.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies. Investing in crypto is risky, and you could lose money.
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