A popular crypto analyst is bullish on Dogecoin (DOGE), saying it’s “still very strong looking.” Dogecoin has climbed about 60% since its October low and is currently trading at $0.169. The analyst believes DOGE could correct before continuing its upward trend.
Bitcoin is Ticking Towards a New High
The analyst also believes Bitcoin (BTC) is poised for a big move. They point out that Bitcoin hasn’t broken above the $65,000 level in almost four years and could potentially go higher. They believe Bitcoin dominance, the percentage of the total crypto market cap represented by Bitcoin, could reach over 70% before a major breakout. Bitcoin is currently trading at $71,983 with a dominance level of 56%.
Solana Offers a Buying Opportunity
The analyst believes Solana (SOL) is in an accumulation zone, presenting a good opportunity for investors to buy. They say Solana is “not a bearish chart” and encourages investors to “scale in” at current prices, as they believe it will soon make a move higher. Solana is currently trading at $175.
Disclaimer: This information is for educational purposes only and is not investment advice. Always do your own research before making any investment decisions.
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