Dogecoin Price Cycle Top Still Far Away And It’s Much Higher Than You Think; Analyst
The post Dogecoin Price Cycle Top Still Far Away And It’s Much Higher Than You Think; Analyst appeared on BitcoinEthereumNews.com.
An analyst predicts that the Dogecoin price cycle top is much higher than expected. Meanwhile, another altcoin, WallitIQ (WLTQ), enters the market scene with amazing utility backing it. A crypto analyst has predicted that the Dogecoin price cycle top is still far off, with the potential to reach heights beyond current expectations. But while the Dogecoin price continues to dominate conversations, an AI altcoin, WallitIQ (WLTQ), boasts of outstanding utility that investors should watch. Analyst Says The Dogecoin Price’s Cycle Top Is Far Higher Than Traders Think The Dogecoin price is consolidating just below the $0.40 mark after a rally in recent weeks. Currently trading at $0.389, it has fluctuated between $0.343 and $0.4265 over the past week. This Dogecoin price activity has sparked questions about whether Dogecoin has already hit its peak for the current bull cycle. However, crypto analyst Kevin disagrees, suggesting that the Dogecoin price still has substantial upward potential. According to Kevin, the Dogecoin price could reach a staggering $3.9 this cycle, quadrupling its current all-time high of $0.74, achieved in 2021. Kevin’s bold cycle top prediction hinges on applying the Pi Cycle top indicator. This Pi Cycle top indicator, which combines two moving averages with the Monthly Relative Strength Index (RSI), has accurately identified Dogecoin’s cycle tops and bottoms in previous years, including 2018 and 2021. The analyst noted that the cycle top indicator’s moving averages are far from crossing, signaling that the Dogecoin price still has significant room to grow before reaching its peak. Based on the 1.618 Fibonacci extension level from this cycle’s Pi Cycle low, Kevin estimates a price target of $3.9. Why WallitIQ (WLTQ) Stands Out: A Deep Dive Into Its Unique AI-Driven Attributes WallitIQ (WLTQ) entered the DeFi sphere, offering a cutting-edge strategy for managing and storing digital assets. This…
Filed under: News - @ November 30, 2024 12:29 am