Avalanche and Dogecoin Poised for Potential Surge, According to Rekt Capital
Renowned crypto analyst Rekt Capital has predicted a significant rise for Avalanche (AVAX) and Dogecoin (DOGE) in the near future.
Avalanche's Support Level
Rekt Capital has identified the $38.57 level as a crucial support level for AVAX. This support has the potential to propel AVAX to around $60 by December.
"Avalanche has officially doubled by successfully retesting the Macro Downtrend." - Rekt Capital
Dogecoin's Momentum
Rekt Capital has also highlighted the impressive surge of DOGE in recent weeks, with gains exceeding 200%. Should DOGE fall below $0.40, it could present attractive buying opportunities.
"Dogecoin continues its upward trend by closing above a significant resistance level." - Rekt Capital
Market Outlook
Currently, AVAX is trading at $39.11, reflecting a substantial 70% increase this month. DOGE is hovering around $0.41, above the key resistance level identified by Rekt Capital.
"If Dogecoin closes above $0.39, the price rise will continue." - Rekt Capital
The analyst believes that daily closes above $0.39 will strengthen the price momentum for DOGE. If both AVAX and DOGE continue to hold their support levels, they are expected to appreciate in value.
Rekt Capital urges traders to monitor market trends and adopt strategic positions in these promising cryptocurrencies. Careful observation of market movements is essential for successful trading.
The recent performance of AVAX and DOGE has generated significant optimism in the crypto market. Experts anticipate continued strong performance for these cryptocurrencies in the years to come.