Analyst Bluntz, who closely follows cryptocurrency markets, made positive predictions for Dogecoin (DOGE) and Ethereum (ETH). Bluntz's comments created great excitement among investors, indicating the potential for both cryptocurrencies to experience significant increases.
Bluntz noted that Dogecoin is currently entering a new five-wave uptrend. Based on the Elliott Wave theory, he noted that DOGE will rise above the $0.50 level and has the potential to exceed $0.60. He also predicted that the DOGE/BTC pair could strengthen and overtake Bitcoin.
The analyst noted that Dogecoin is currently trading at $0.379 and that the price could rise rapidly after this level is completed. Bluntz emphasized that DOGE is still in the consolidation phase against Bitcoin and will reach higher prices after this process is over.
Bluntz, who is also optimistic about Ethereum, stated that ETH has shown a strong performance against both the dollar and Bitcoin. After the ETH/USD pair broke the support level in the last two weeks, positive bullish signals were also observed in the ETH/BTC pair.
Bluntz noted that Ethereum’s current price is at $3,618, which provides a solid foundation for the next bullish move. The analyst predicted that Ethereum will continue to consolidate its leadership in the altcoin market with this performance.
Bluntz’s predictions have increased the interest of crypto investors in Dogecoin and Ethereum, as both cryptocurrencies are expected to show significant price movements in the coming period.
