Observant cryptocurrency strategists believe that if Dogecoin (DOGE) takes off, another meme coin will benefit from the hype.
Pseudonymous Analyst Immortal To tell 212,500 followers on social media platform
“Do you want to pump DOGE on 4/20? If yes, follow with FLOKI. Confirmation greater than 0.00016. ”
Looking at the analyst charts, he suggests that a reversal to support at the $0.00016 level will confirm a FLOKI breakout.
FLOKI is trading at $0.0001385 at the time of writing, up nearly 2% in the past 24 hours.
Next is the analyst To tell Bitcoin (BTC) appears to have reached the market bottom.
“Maybe we can sweep again, maybe we won’t, but it’s starting to feel like this is the bottom.
- Bullish divergence.
- Prices are low (-19% from all-time highs).
- The downtrend is not accelerating. ”
At the time of writing, Bitcoin was trading at $62,206, up 1.1% in the past 24 hours.
Analyst too To tell Ethereum (ETH) may be gearing up for a breakout against Bitcoin (ETH/BTC).
“It's not easy to time the exact bottom, nor is it necessary. I'm not saying this low is a pico bottom, but the structure and general sentiment suggests it's the formation of a bottom. No need to stress. Fly with 0.055 BTC.
ETH/BTC is trading at 0.048 BTC ($3,066) at the time of writing.
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