A closely followed crypto analyst believes top meme altcoin Dogecoin (DOGE) is poised for a strong surge.
Anonymous analyst Cantering Clark tells his 156,700 Twitter followers that DOGE looks bullish as it continues to break above the multi-month support of around $0.07.
According to the crypto strategist, he believes it will trigger traders to finally rotate their altcoin profits to DOGE and move up towards their target of $0.10.
“There is no way to see sector rotation and sustained pumping without seeing DOGE win a bid.
Multi-month values are kept as support.
The lows through November were investigated and then recovered.
looks much higher. ”
At the time of writing, DOGE is trading at $0.0768, suggesting it could rise nearly 30% if the leading memecoin hits Cantering Clark’s target.
Cantering Clark is also bullish on the player-controlled blockchain game GALA (GALA). Crypto strategists believe GALA will continue to rise after altcoins surged 145% at the start of the year.
“My guess is that the GALA continues to gain more momentum than people expected and is an outlier in this rally.
It’s already undoing the micro-levels it put in the middle, very quickly.
Funding is negative again. ”
At the time of writing, GALA has fallen about 6% over the past 24 hours and is trading at $0.0386.
Another altcoin that traders are keeping an eye on is blockchain-based gaming ecosystem The Sandbox (SAND). According to Cantering Clark, SAND may be gearing up for a bullish continuation.
“Look at APT. [Aptos] We did our own reuse of local scopes.
SAND is set up similarly. Expect fireworks, and this team is still socially active, so engineering higher moves is probably in the cards. ”
At the time of writing, SAND has switched owners at $0.517 and is still above Cantering Clark’s deactivation level.
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