Trader aims for Ethereum (ETH) growth as large memcoin looks "undeniably" strong - The Daily Hodl
An analyst known for his timely altcoin predictions believes top-tier memcoin #Dogecoin (DOGE) is ready to start.
a pseudonymous analyst Bluntz told his 306,000 followers on social media platform X that Dogecoin appears to be in the early stages of a new five-wave rally on its 12-hour chart.
This trader is a follower of Elliott Wave Theory and said the bullish asset is seeing a five-wave surge before entering an ABC wave correction,
Mr. Blantz said. I think Dogecoin's monster overnight move is definitely impulsive, and based on the charts of
traders, it suggests that Dogecoin will reach a price above $0.60 before the end of the fifth wave of the upswing, Mr. Blantz said. Analysts also monitor the Dogecoin vs. Bitcoin (DOGE/BTC) trading pair. According to Blantz, the charts suggest that #DOGE will outperform BTC before the bull market ends.
the DOGE/BTC ratio is basically still rising. There is no chance that it will not rise significantly before the end of the cycle.
At the time of writing, DOGE is trading at 0.379 USD.
As for #Ethereum , Brands says that ETH looks bullish against the US dollar and BTC trading pairs. In the analyst's opinion, Ethereum can speak to the fact that relative inefficiencies are a thing of the past.
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