Market Experts Forecast Price Movements for Dogecoin and Bitcoin
Dogecoin's price currently stands at $0.106, maintaining critical support at $0.105. A prominent analyst has set a target of $1 for Dogecoin (DOGE).
Dogecoin (DOGE)
DOGE must sustain $0.105 to continue its upward trend. Bitcoin's decline below $63,000 has intensified altcoin sell-offs. Notably, DOGE whales have recently accumulated holdings, indicating renewed interest for potential peaks in the months ahead.
Mikybull suggests that Trump's potential victory could be a reason for optimism.
"I believe Trump's presidential victory could push $DOGE above $1 in this cycle. History does not repeat itself, but it rhymes."
Bitcoin Expert Insights
Yoddha and Daan Crypto Trades have provided forecasts for BTC.
Yoddha analyzed a BTC chart over ten days, emphasizing the importance of long-term consolidation. The target for BTC is set at $130,000, based on historical trends.
Daan Crypto Trades analyzed a four-hour chart:
"Bitcoin has been trading alongside the 4-hour 200MA/EMA. It held support but is retesting the 4H 200EMA. As long as these levels are maintained, the short/medium-term momentum favors the bulls. However, I want to see the price continuing and rising."