Analyst Who Predicted Shiba Inu and Dogecoin Crash Now Says Altcoin Bull is Likely

Altcoin Bull Market Predicted, Promising DeFi Token Offers Consistent Gains

The resurgence of meme coins has revitalized the altcoin market, with many experiencing price surges during Bitcoin's recent rally above $60,000. Shiba Inu and Dogecoin, once predicted to crash in June, have received favorable predictions from analysts.

Despite the recovery phase for most altcoins, a new DeFi token in presale offers exceptional profit potential and long-term benefits. This DeFi project promises consistent gains, unlike the volatile nature of meme coins.

Shiba Inu Gets Favorable Predictions

Shiba Inu (SHIB) has faced challenges over the past two months, as Bitcoin's halving has not yet sparked the surge that many analysts anticipated. A crypto analyst, Alikze, previously outlined three possible paths for SHIB's recovery, with the current path suggesting a decline to $0.000017 before a spike to $0.000059.

SHIB is currently experiencing monthly losses of 32%, leaving little room for further setbacks. Whales are hesitant to hold or sell their SHIB, leading to scrutiny of its price action.

A return to $0.000059 would bring SHIB back to its late 2021 levels after correcting from $0.000088. However, meme coins are notoriously unsustainable, and SHIB may struggle to maintain its resistance after the surge.

Dogecoin's Fate Uncertain

Dogecoin (DOGE) is at a critical juncture, with both a surge and a dip possible. Analysts are cautious in their forecasts, given DOGE's history of volatility.

Recent price declines have been attributed to competition from emerging meme coins. DOGE has recorded a trading volume of around $560 million in the past day, while Pepe on Ethereum and Dogwifhat on Solana have traded $676 million and $578 million, respectively.

Dogecoin's market metrics suggest bearishness, with the 200-day and 50-day EMAs potentially forming a death cross soon. A spike above $0.16 is not ruled out, but it may require a social media rally.

RCO Finance: Consistent DeFi Profits

The trading sector has witnessed challenges recently, with altcoins struggling to gain momentum. However, RCO Finance, a new DeFi coin, offers a consistent profit strategy.

RCO Finance's AI solutions revolutionize trading through Robo Advisor, providing traders with in-depth market insights, even for lesser-traded tokens. The advisor also offers personalized trading advice based on individual preferences, helping traders refine their strategies and make informed decisions.

Beyond Robo Advisor, RCO Finance features multiple income streams and diverse trading instruments, allowing traders to borrow funds at low rates and leverage up to 50x.

Don't Miss Out on the RCOF Presale

RCO Finance's innovative approach to trading through AI solutions promises enhanced confidence and reduced emotional trading.

The platform's presale (Stage 1) is currently offering RCOF tokens at $0.01275, providing a potential 3000% ROI ($30 for every $1 invested) at launch.

A post-launch token burn is planned, removing unsold RCOF tokens from the presale and potentially driving the price even higher.

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