A closely watched cryptocurrency analyst has predicted that an Ethereum (ETH) rival will deliver a massive breakout against Bitcoin (BTC).
pseudonym trader Kaleo says 638,000 followers of social media platform
“AVAX/BTC: I may be a crazy brother, but I still believe AVAX will soar higher from here.”
Looking at his charts, the analyst suggests that AVAX/BTC is printing a bullish flag pattern on the daily chart and could soon reach 0.000950 BTC ($62.13).
AVAX/BTC is trading at .000515 BTC ($33.89) at the time of writing, down more than 3% in the last 24 hours.
Next is the analyst predict ETH competitor Solana is set to surge against Bitcoin (SOL/BTC) after printing a bullish pattern of highs and lows on the daily chart.
He believes that SOL/BTC could soon surpass the 0.0032 BTC ($209) level.
“SOL/BTC: Solana is still one of the biggest no-brainer plays in a long time. “Don’t fight with force.”
SOL/BTC is trading at 0.00243 BTC ($160) at the time of writing, up more than 3% in the last 24 hours.
Finally, the analyst predict Dogecoin (DOGE) is poised for a breakout, building on a 2021 pattern in which meme coins bounced after soaring meme stock GameStop (GME) hit market highs. GME had a massive rally this week but has since declined.
“I’m going to make this simple for you. Below is a chart of Dogecoin and GME. You may not remember, but it was GameStop that led the way in early 2021. It was only after the peak was reached that DOGE began transmitting. Dogecoin is overdue for a good pump. “Time is almost up.”
DOGE is trading at $0.15 at the time of this writing, up slightly over the past 24 hours.
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