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Showing posts with the label market outlook

Massive Dogecoin Upside Ahead? Breakout Target Hints at 111% Surge

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Dogecoin is another leading cryptocurrency token hanging in between the market throes as of late. The token is now sitting at $0.28, up 2% in the last 24 hours, already targeting major upside as predicted by two notable analysts. Will DOGE be able to secure a decent price spike by the end of September 2025? Let’s find out. Also Read: Bitcoin Gathers Steam: $123,000 in Sight, Higher Levels on the Horizon Dogecoin Analysis: What’s Up With The Token? Source: BeInCrypto.com Dogecoin has lately been experiencing the rapid ebb and flow of the market. There are days when the token has noticed straight movements, and there have been instances where price dips have gnawed at the token’s progress. Other than that, the token is nevertheless trying its best to keep up with the current market pace. With the Fed announcing a recent interest rate cut, Dogecoin has started to show some color, amping up its movement in the process. Dogecoin is now eyeing new highs, as predicted by Trad...

Trader Says the Time To Be Bullish on Altcoins Is Here, Updates Outlook on Bonk and One Other Solana-Based Memecoin

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A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins. The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset. A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as the Relative Strength Index (RSI) is recording lower highs. The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions. “The three-day BTC dominance bear divergence ended up rolling into a weekly bear divergence, too. The time to be long alts is here in my opinion.” Source: Bluntz/X BTC.D is a metric that calculates how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are printing gains faster than BTC. BTC.D is 65.34% at time ...

Crypto Strategist Unveils Bitcoin Path to New All-Time High Next Month, Says Plenty of Liquidity To Trigger Run for Altcoins

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A crypto analyst gaining traction for timely Bitcoin calls is outlining a scenario where BTC breaks free from sideways trading and surges to new all-time highs. Pseudonymous analyst Credible tells his 468,700 followers on the social media platform X that Bitcoin appears to be following an Elliott Wave (EW) pattern where BTC consolidates in the next few weeks before igniting a breakout rally toward the end of July. Elliott Wave theory is an advanced form of technical Analysis that seeks to forecast future price movements by tracking crowd psychology, which often unfolds in recurring wave patterns. Says Credible, “BTC holding up very well over the last few days. As stated in my last update, I think we will test the blue zone sooner or later, whether that be before or after taking our local range highs. From an EW perspective, something like this would be ideal. Although there are, of course, a few different structures that we may see to complete this corre...