Dogecoin on the Rise: Bluntz’s Prediction Sparks Excitement

Last updated: November 18, 2024 10:20 am

Published November 18, 2024

Renowned cryptocurrency analyst Bluntz, a “Master Trader” on Bybit, has shared a bullish outlook for Dogecoin (DOGE). Highlighting its recent technical correction, Bluntz believes the popular meme coin is poised for a significant upward move.

Contents

New Targets for Dogecoin
Bitcoin Eyes $100,000
Pepe’s Potential Comeback
Conclusion

New Targets for Dogecoin

In a post shared with his 291,000 followers on X, Bluntz explained that Dogecoin has completed its technical correction against Bitcoin (BTC) and may soon enter a strong upward trend. Drawing from Elliott Wave Theory, he emphasized that corrections of this nature often precede robust rallies.

“The DOGE/BTC pair has regained strength. It has moved past the lows of wave A and completed a clear ABC correction. I anticipate the next phase will be an upward surge,” Bluntz stated.

The analyst predicts that the DOGE/BTC pair could reach 0.000008 BTC, potentially sparking renewed momentum for Dogecoin.

Bitcoin Eyes $100,000

Bluntz also expressed optimism for Bitcoin, forecasting a climb to $100,000 as part of a five-wave upward trend. Currently trading at $90,227, Bitcoin has been moving in line with his projections. “Everything is progressing according to plan so far,” he added.

Pepe’s Potential Comeback

Another meme coin that caught Bluntz’s attention is Pepe (PEPE). He expects PEPE to surge to $0.00003, citing the token’s historical performance. With its current price at $0.0000214, PEPE could deliver surprising gains.

“Pepe’s magical moves never fail to amaze,” Bluntz remarked, drawing attention to the coin’s potential.

Conclusion

While cryptocurrency markets remain highly volatile, analysts like Bluntz provide valuable insights for investors. His predictions for Dogecoin, Bitcoin, and Pepe highlight opportunities for those looking to capitalize on market movements.

As always, investment decisions should be guided by personal research. Stay informed with Dey There, your trusted source for the latest cryptocurrency news and trends.

Dogecoin, Bitcoin, Bluntz prediction, meme coin, cryptocurrency trends

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ByAlessia Moretti

Alessia Moretti is a blockchain and cryptocurrency analyst with 7 years of experience in the field. With a strong foundation in economics and a passion for technology, Alessia has been involved in a variety of international blockchain projects, focusing on the development of decentralized applications and financial products. Her work is characterized by a deep understanding of both the technical and economic aspects of blockchain technology. At DT NEWS, Alessia provides readers with in-depth analysis of global blockchain trends and market movements, helping them stay informed about the future of digital finance.