Are Mecoin projects back to the stage in the crypto market? Famous analyst Bluntz thinks that the big rally for Dogecoin (Dogge) and Floki (Floki) are at the door. Technical indicators show that the market is preparing for a new wave of ascension. Here are the details!
The strong rise signal appeared in Memecoin Flokı on the analyst’s list
Analyst Bluntz says FLOKI creates a strong bull decomposition in the daily graph. This indicates that even if the price movement is downward, the momentum is turned up. Bluntz says FLOKI sweeps a critical level and gives a great recovery signal here. If this signal occurs, the price can be expected to experience a harsh rise in the coming days.
FLOKI is currently trading for $ 0.000098. According to the analyst, these levels can offer the opportunity to purchase. The Memecoin market has experienced sudden rise in the past. In particular, social media mobility and whale purchases and FLOKI can cause major gains in a short time. If the investor’s interest increases again, the price of the FLOKI may rise rapidly.
Leader Memecoin 200 %rally for Dogecoin
Dogecoin has been watching horizontal for a long time. However, Bluntz thinks that Doge has completed the ABC correction and is preparing for the rise. According to Elliott Wave Theory, a strong five wavy rise is expected after ABC correction.
Similar structures are observed in Dogge/USD and Doge/BTC parities. According to the analyst, Doge may rise to 2-3 times in the coming process. Dogge, which is currently traded for $ 0.264, can start a strong rally in the short term. Doge experienced great price movements in the past. In the 2021 bull season, it rose more than 10,000 %under the influence of Elon Musk. This time, the rise of Doge is based on technical indicators. If the investor’s interest increases again and the market remains positive, Dogge may reach $ 0.50.
Does a big movement begin in the Altcoin market?
Bluntz closely follows the total3 index. Total3 measures the market value of all Altcoins, except for Bitcoin, Ethereum and Stabilcoins. According to the analyst, a clear ABC correction of the total3 graph has been completed and the market seems ready to rise again. If this scenario occurs, the total value of the Altcoin market can reach $ 1.3 trillion.
This can create a great rise opportunity, especially for Memecoin projects. In the crypto market, Memecoins offered great gains in the past. Now, technical indicators point out that a new bull run can start. The eyes of Doge and FLOKI investors will be at these critical levels!
