Crypto analyst and trader Ali Martinez is bullish on the largest memecoin by market capitalization.
Martinez tells his 73,200 followers on social media platform . .
Cryptocurrency analyst and trader says:
“The last two times Dogecoin DOGE had a bullish MACD crossover on the weekly chart, it rose 90% and 180% respectively.”
Martinez also says that the Dogecoin network is seeing “significant growth,” with the number of new addresses increasing by double digits in just one week.
“There has been a 72% increase in new DOGE addresses over the past week, with 19,630 new DOGE addresses created just yesterday!”
Dogecoin is trading at $0.105 at the time of this writing.
Next is Bitcoin (BTC). The analyst and trader says Bitcoin may be witnessing a trend change following the cryptocurrency king’s price action on the daily charts.
“As of today, Bitcoin appears to have made higher lows and higher highs, suggesting that the trend may have shifted from bearish to bullish!”
At the time of this writing, Bitcoin is trading at $60,880.
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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
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