The post Bitcoin, Dogecoin, and Kangamoon Pump: Market Experts Reveal Their Next Target appeared on BitcoinEthereumNews.com.

The latest U.S. Consumer Price Index (CPI) data showing cooling inflation in the United States has provided the tailwinds for a crypto market recovery. Bitcoin (BTC), Dogecoin (BTC), and KangaMoon (KANG) are the top crypto coins that have been pumping since the CPI report. In addition, the targets for the coins given by market experts suggest they are among the best cryptos to buy now. Bitcoin (BTC) Recovers Above $66,000, Sets Sight on $80K+ The price of Bitcoin (BTC) has experienced a strong rally after the latest CPI data was announced. From a weekly low of $60,500, Bitcoin has gained more than 10% to cross $66,500. Market experts are pumped about this breakout rally, hinting that it sets the stage for more gains. Seth recently shared a chart on X, explaining that the relative strength index (RSI) of Bitcoin had broken above a descending trendline on the daily timeframe. This breakout sets BTC up for a rally towards $80,000. Crypto trader Moustache shares this sentiment as well, telling his followers that Bitcoin is primed to hit $80k soon. Dogecoin (DOGE) Awaits Parabolic Pump As Golden Cross Nears The bullish momentum in the cryptocurrency market has helped Dogecoin (DOGE) rally above the $0.1500 support level. While this is impressive, holders of the meme coin have a bigger target to look towards. Crossing the $0.1500 support puts DOGE a step closer to forming the Golden Cross. The last time the 50-week SMA crossed above the 200-week SMA, Dogecoin rallied by more than 8,000% to set its current all-time high. With DOGE about to form, a new all-time high is possibly in sight, making it one of the best cryptos to buy to maximize the bull market. BitMart Listing To Fuel Massive KangaMoon (KANG) Rally Thanks to the recent market rally, the price…

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Filed under: News - @ May 22, 2024 2:26 pm