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Home»ALTCOIN NEWS»Crypto analyst updates outlook on BNB and Dogecoin, saying midcap Memecoin is ready to ‘absolutely rip’
ALTCOIN NEWS

Crypto analyst updates outlook on BNB and Dogecoin, saying midcap Memecoin is ready to ‘absolutely rip’

By Crypto FlexsMarch 29, 20242 Mins Read
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Crypto analyst updates outlook on BNB and Dogecoin, saying midcap Memecoin is ready to ‘absolutely rip’
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One closely watched cryptocurrency analyst believes a mid-cap memecoin is gearing up for a massive rally.

pseudonym trader Kaleo says Floki (FLOKI), a dog-themed cryptocurrency asset, appears to be bullish on Bitcoin (FLOKI/BTC), with 632,600 followers on social media platform X.

“FLOKI vs. BTC seems ready for a complete rip-off.”

Source: Kaleo/X

Looking at his chart, the trader suggests that FLOKI/BTC is in a bullish trend after hitting higher lows on the 1-hour chart and is on the verge of turning a key resistance level into a support level.

FLOKI/BTC is trading at 0.000000003716 BTC ($0.0002629) at the time of writing, up more than 13% in the last 24 hours.

That too Believe Floki is poised to surpass the all-time high (ATH) of $0.0003365 set in November 2021.

“I think it won’t lag below ATH resistance for too long. Price discovery is coming soon. For FLOKI, we expect to hit new highs like ($0.000340).”

video
Source: Kaleo/X

Next, traders are bullish on BNB, the native asset of Binance, the world’s largest cryptocurrency exchange platform. that predict BNB breakout in Bitcoin trading pair (BNB/BTC).

“BNB/BTC is looking pretty good once again.”

video
Source: Kaleo/X

Looking at the chart, the trader suggests that BNB/BTC will break out of the descending trend line after several attempts and rise to 0.0105 BTC ($744.70).

BNB/BTC is trading at 0.008220 BTC ($580.81) at the time of writing and has fallen slightly over the past 24 hours.

Finally, the merchant predict Dogecoin (DOGE) may soon surpass the $0.28 level.

“DOGE is on the move again. Send it higher.”

video
Source: Kaleo/X

At the time of writing, DOGE is trading at $0.22, up 18.5% in the last 24 hours.

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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 that you are responsible for any losses that may occur. 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.

Image created: DALLE3

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