Crypto even In his latest statement, analyst Ali Martinez made a new price target for the world’s largest memecoin, Dogecoin (DOGE), and also expressed his new views on the cryptocurrency market.
Ali Martinez claimed that if the DOGE price breaks the resistance level at $0.169, the price could jump to $0.209 with a 27% rally.
At the time of writing this article, DOGE price is trading at $ 0.156 and has gained 16% in value in the last week. The decline in the last 24 hours caused the DOGE price to drop by 3.46%, causing the price to fall slightly to the current level.
In addition, speaking about the general cryptocurrency market, the analyst reported that traders on Binance, the world’s largest cryptocurrency exchange, have gradually started to close their short positions, and 52.44% of traders across the stock market are currently in long positions.
Speaking about Ethereum, the analyst said that the TD Sequential indicator of the ETH chart recently gave a bull signal on the 4-hour candles and argued that a bounce could occur. The analyst added that for this to happen, ETH price must remain above the $2,480 support.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/deneyimli-analist-dogecoin-doge-fiyatinda-ralli-iddiasinda-bulundu-bu-seviye-asilirsa-ralli-gelebilir/