Crypto analyst Tiago Amaral predicts that DOGE will gain value in the near future. He is also bullish on LINK Coin and sees huge upside potential for TAO Coin.
DOGE Price Prediction: Is a 22% Rise Possible?
Dogecoin (DOGE) price is giving a strong bullish signal with the Golden Cross formation expected to form when the short-term EMA crosses the long-term EMA. This signal suggests that DOGE will continue to rise. If DOGE maintains this momentum, it could break the resistance at $0.36 and move towards the next levels of $0.387 and $0.415. This carries the potential for a price increase of approximately 22.7%.
However, if the uptrend loses momentum and the market changes direction, there is also a scenario where DOGE could fall to $0.30. If this level is broken, a stronger support level such as $0.26 is likely to come to the fore. In order for DOGE to continue its bullish movement, a Golden Cross must occur and buyers must push the price above these critical levels.
LINK Price Prediction: Will $30 Target Be Achieved in January?
Similarly, the possibility of a Golden Cross is increasing for Chainlink (LINK). This formation occurs when the short-term EMA crosses over the long-term EMA, signaling a continuation of the uptrend. If this formation occurs, a significant upward movement could be observed in the LINK price. LINK could aim to test the resistance at $25.99. A break of this level could trigger further increases, and the price of LINK could rise to $27.46 and perhaps $30.94.
However, recent whale activity and high RSI values suggest that this rally may not be sustainable and a potential pullback is possible. If selling pressure increases, LINK could test the immediate support level of $21.32. If it breaks below this level, the price is also likely to drop to $20.02.
TAO Coin Price Prediction: Is a 25% Increase Possible?
A similar situation applies to TAO Coin. If the current uptrend gains strength, the EMA lines are expected to form a Golden Cross. This indicates that the price will continue to rise. TAO could test the resistance level at $565 and if this level is broken, it could rise to $645. This would potentially mean a price increase of 25%. Such a move could make TAO one of the largest AI coins in the market.
However, if the bullish momentum fades and the price fails to hold these levels, TAO Coin could experience a correction. In this case, the price is expected to test the support at $487. Breaking this level could lead to a sharper decline and the price is likely to drop to $449, indicating a 12.9% correction.
