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Analyst Believes Dogecoin And This Ethereum Token Are Set For A Run Ahead Of Seller Exhaustion On Bitcoin (BTC)

Release: 2024/09/16 15:40 Reading: 578

Original author:Crypto Daily™

Original source:https://cryptodaily.co.uk/2024/09/analyst-believes-dogecoin-and-this-ethereum-token-are-set-for-a-run-ahead-of-seller-exhaustion-on-bitcoin-btc

Analyst Believes Dogecoin And This Ethereum Token Are Set For A Run Ahead Of Seller Exhaustion On Bitcoin (BTC)

Bitcoin's Seller Exhaustion: A Potential Rebound?

Amidst the recent downturn in the crypto market, analysts observe signs of seller exhaustion in Bitcoin (BTC), suggesting a possible rebound. Despite facing resistance, BTC has experienced notable gains, reaching close to $65,000 in August.

Going forward, expert Valentin Fournier believes a突破$59,750 could trigger a bullish trend for BTC. However, volatility remains elevated, and the Federal Reserve's upcoming interest rate decision on September 18 may impact market sentiment.

Dogecoin's Bullish Run: A Potential Rally in Sight?

Dogecoin (DOGE) has exhibited resilience, rebounding by 10.76% in just ten days despite a recent decline. Contributing factors include a significant decrease in whale activity, suggesting a potential bullish run.

Analysts anticipate a surge if DOGE reclaims the $0.11 mark. Additionally, a bullish "inverse head and shoulders" pattern indicates further upside potential.

FXGuys: An Ethereum-Based Token Poised for Growth

FXGuys, an Ethereum-based decentralized Forex trading platform, offers advanced tools and a unique "Trade2Earn" program. Holders accumulate $FXG tokens with each trade, earning passive income.

The $FXG token has a potential return of 566% for early investors, with a price increase from $0.015 in the private sale to $0.10 by the end of the presale. Its presale is ongoing, with subsequent stages featuring progressively higher token prices.

As FXGuys attracts more traders, demand for $FXG tokens is expected to rise, driving its potential for substantial gains. This opportunity differs significantly from established tokens like DOGE, which face limited upside potential.

Disclaimer: This article is for informational purposes only and should not be construed as investment or financial advice.

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