The Uptober narrative has not yielded the desired results, possibly due to an overly busy agenda. Furthermore, Bitcoin $84,629 has remained largely stagnant for over seven months, failing to break free from a narrow range, which has significantly dampened the appetite of altcoin investors. Experts now offer their insights on GOAT Coin, SUI, and Dogecoin
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Predictions for GOAT Coin and BTC
Crypto Bullet highlighted in a recent market evaluation that it accurately predicted four major price movements. It also indicated that the BTC chart is positioning itself for a fifth movement. According to the shared chart, the five-wave upward movement is now recovering from the lowest point of the last wave, targeting six-digit levels.
An analyst designated a key level at 52,000 dollars and does not expect a significant decline for BTC. In fact, he anticipates continued stable candle closures above 68,000 dollars. He emphasized that the time has come to pay attention to a 182-day squeeze.
SUI and Dogecoin (DOGE)
Compared to other large market cap altcoins, Dogecoin continues to remain strong lately. Trading around the 0.15-dollar mark, the upcoming elections add extra excitement for DOGE. Analysts believe that if Trump wins, a better environment for Dogecoin and the entire cryptocurrency market will emerge. Ali Martinez noted in his analysis that while the 0.139-dollar support is maintained, he targets 0.175 dollars.
Altcoin Sherpa expressed worries about SUI Coin, sharing a chart that shows potential for further decline. There is a risk of dropping to 1.4 dollars, and at worst, a bounce back should occur from that region.