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Vladislav Hryniv
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đŸ’” According to CryptoPotato: Time To Buy $DOGE ? Popular trader IcedKnife told his 300K followers on X that DOGE seemed like the most obvious buy-and-hold play of the meme coin market. He then suggested the asset could reach new heights this cycle, with $1 being a “very likely” price target for DOGE. The trader’s comments come after DOGE made headlines last week when it broke above the $0.22 barrier, a price not seen since November 2021. However, DOGE has retraced to $0.18 by today (April 3), which seems in line with most cryptocurrencies being in the red. Echoing similar sentiments, popular analyst Ali Martinez reminded traders that DOGE remains the most important meme coin of the market, despite new entrants like dogwifhat (WIF) or Bonk (BONK) making headlines practically every day. Further, Martinez said DOGE is mirroring the 2018 – 2021 cycle, and if so, it could be on the verge of a “massive parabolic bull run.” Another popular figure in the crypto space made a similar statement but for DOGE’s oldest and biggest competitor, Shiba Inu (SHIB). As CryptoPotato reported, Davinci Jeremie, a famous Bitcoin proponent, suggested investors should allocate a certain percentage of their portfolios to SHIB. Despite the current downturn, both DOGE and SHIB are trading on the green in the past 30 days, with increases of 19.5% and 20.4%, respectively. #Dogecoin‏⁩

đŸ’” According to CryptoPotato: Time To Buy $DOGE ?

Popular trader IcedKnife told his 300K followers on X that DOGE seemed like the most obvious buy-and-hold play of the meme coin market. He then suggested the asset could reach new heights this cycle, with $1 being a “very likely” price target for DOGE.

The trader’s comments come after DOGE made headlines last week when it broke above the $0.22 barrier, a price not seen since November 2021. However, DOGE has retraced to $0.18 by today (April 3), which seems in line with most cryptocurrencies being in the red.

Echoing similar sentiments, popular analyst Ali Martinez reminded traders that DOGE remains the most important meme coin of the market, despite new entrants like dogwifhat (WIF) or Bonk (BONK) making headlines practically every day.

Further, Martinez said DOGE is mirroring the 2018 – 2021 cycle, and if so, it could be on the verge of a “massive parabolic bull run.”

Another popular figure in the crypto space made a similar statement but for DOGE’s oldest and biggest competitor, Shiba Inu (SHIB). As CryptoPotato reported, Davinci Jeremie, a famous Bitcoin proponent, suggested investors should allocate a certain percentage of their portfolios to SHIB.

Despite the current downturn, both DOGE and SHIB are trading on the green in the past 30 days, with increases of 19.5% and 20.4%, respectively.

#Dogecoin‏⁩

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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đŸ”„ AMBCrypto: $LTC Price Analysis According to CoinMarketCap’s data, LTC had experienced a double-digit price rally in the last month and was trading at $103 at press time.  Key momentum indicators observed on a 24-hour chart showed an uptick in demand for the coin. As of this writing, the values of its Relative Strength Index (RSI) and Money Flow Index (MFI) were 57.72 and 65.18. With values above their respective center lines, these indicators showed that market participants preferred buying more LTC than selling their holdings.  The coin’s Chaikin Money Flow (CMF) was positive at press time, confirming the accumulation trend. A CMF value above zero signals liquidity inflow into the market, thus showing that the bullish trend is strong.  Also, regarding the current market trend, LTC’s Aroon Up Line (orange) was 85.71%. This indicator measures an asset’s trend strength and potential trend reversal points in its price. #Litecoin
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👀 According to Cryptopolitan: Top Altcoins to Buy in 2024 $INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts.  The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth.  As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings.  $DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored. Key factors behind Dogecoin’s recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Musk’s X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era. #InjectiveđŸ”„ #Dogecoin‏⁩
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đŸ’” AMBCrypto: $UNI Is For More Trouble? According to on-chain data, the investor transferred 1.36 million UNI tokens, worth more than $15 million at prevailing market prices, to Binance in the last 48 hours. Notably, the whale purchased 1.53 million when UNI’s price was $6.45. As of this writing, the wallet has been drained off all UNI holdings, suggesting potential profits worth $6.5 million on the total investments. At the moment of the report, $UNI is trading at: - $11.079 on OKX exchange - $11.074 on WhiteBIT exchange - $11.073 on Binance exchange AMBCrypto examined some of UNI’s key technical indicators to better understand its next potential moves on the charts. The Relative Strength Index (RSI) was hovering around 40. A dip below this level could pave way for further downsides in the days to come. The On Balance Volume (OBV) largely mirrored the price trend, implying that downtrend could likely continue. The Moving Average Convergence Divergence (MACD) crossed below the signal line, and seemed likely to dip below zero, a strong bearish signal. #Uniswap’s
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đŸ’„ NewsBTC: $XRP Price Could Rise To As High As $0.78 Egrag mentioned in an X post that the next price target for XRP is between $0.702 and $0.786. However, the crypto analyst failed to give a timeline for when this price breakout could happen. He also raised the possibility of a short-term move to the downside but quickly added that it has no impact on XRP’s long-term trajectory.  Regarding XRP’s long-term target, the accompanying chart that Egrag shared showed that XRP could still rise to $7.5 at some point. The crypto analyst labeled this price level as a “critical target level,” possibly in relation to higher price targets that Egrag believes XRP can attain before this bull run ends. The crypto analyst has, at different times, predicted that XRP could rise to as high as $27 at the peak of this market cycle.  The $27 price prediction no doubt seems ambitious, and XRP holders are more likely to set their focus on Egrag’s more conservative prediction of $5. The crypto analyst recently boldly claimed that XRP is “guaranteed” to see as much as a 1000% gain on its way to a new all-time high of $5.5. Egrag further mentioned that the crypto token will begin to experience its rise to the $5 price range between this month and July. Interestingly, Egrag boldly asserted in January that XRP would reach $5 in the next 90 days, meaning that the crypto token is meant to attain this price level sometime this month.  #RippleUpdateV
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🚀 AMBCrypto: $SOL Futures Market Performance AMBCrypto’s assessment of the activity on SOL’s futures market revealed a steady hike in bearish sentiments since the beginning of the month.  Firstly, the coin’s futures open interest, which measures the total number of futures contracts that have yet to be settled or closed, has trended downward since 1st April.  At $2.88 billion as of this writing, SOL’s futures open interest has dropped by 20% since the beginning of April, per Coinglass data. When an asset’s open interest falls in this manner, it suggests that market participants are exiting their trading positions without opening new ones.  Although its funding rate across cryptocurrency exchanges remained positive, it had declined by almost 90% since 1st April and was spotted at a 60-day low at press time.  The decline in SOL’s funding rate is noteworthy as it suggests the demand for long positions is waning. It signals that long traders are exiting their positions primarily for profit. When long traders start to pull back like this, it means that the market is becoming overheated. It also suggests that bullish momentum is weakening.  This often leads to a drop in buying pressure, eventually resulting in a decline in the underlying asset’s price.  #Solana⁩
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