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COINTURK NEWS > Altcoin News > Watch Dogecoin and Ethereum Surge: Analyst Reveals Exciting Insights!
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Watch Dogecoin and Ethereum Surge: Analyst Reveals Exciting Insights!

In Brief

  • Bluntz predicts a significant rise in Dogecoin and Ethereum.

  • Dogecoin is expected to exceed $0.60 before completing its upward trend.

  • Ethereum shows strong breakout signals, indicating a new bullish phase.

Fatih Uçar
Fatih Uçar 5 months ago
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Cryptocurrency analyst Bluntz recently shared significant predictions about popular altcoins Dogecoin $0.193633 (DOGE) and Ethereum (ETH) $2,538, piquing the interest of many followers. Bluntz suggested that Dogecoin is preparing for a substantial upward trend, while also indicating that Ethereum is showing positive signs of growth. This evaluation has generated excitement among traders and enthusiasts in the cryptocurrency community.

Contents
Expectations of a Five-Wave Rise in DogecoinStrong Rally Signals for Ethereum

Expectations of a Five-Wave Rise in Dogecoin

According to Bluntz, Dogecoin has entered a new five-wave upward trend, referencing Elliott Wave theory, which posits that rising assets typically experience five waves of growth. He stated, “The recent movement in Dogecoin certainly indicates that it has re-entered an upward trend. I believe DOGE is progressing towards new peaks above the $0.50 level.”

Dogecoin DOGE

Bluntz expects Dogecoin to surpass the $0.60 level before completing its fifth wave increase. He highlighted the DOGE/BTC trading pair, asserting that the leading meme coin will strengthen against Bitcoin $105,620 and potentially outpace it before the current bull market concludes.

Strong Rally Signals for Ethereum

Conversely, Bluntz commented on Ethereum’s robust performance against both the dollar and Bitcoin. He believes that the recent stagnation in the leading altcoin is coming to an end, signaling the start of a new bullish phase.

Ethereum ETH

Bluntz pointed to a strong breakout in ETH/USD over the past two weeks, along with promising bullish signals in the ETH/BTC trading pair. Currently valued at $3,618, he believes this price level sets the stage for Ethereum’s next upward movement.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 7 January, 2025 - 12:15 pm 7 January, 2025 - 12:15 pm
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