Altcoins

DOGE Price to $1 Says Analyst, Predicts Bullish Rally for Binance and Two Other Altcoins

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$1 For Dogecoin is imminent

Dogecoin has surpassed XRP to become the fourth-largest cryptocurrency by market capitalization, surpassing $70 billion. The meme currency soared over 45% to a new high of $0.60, up from $0.397 earlier in the day.

Dogecoin (DOGE) climb to $1.00 is imminent, according to a well-followed trader who continues to gain followers with his bullish altcoin predictions. 

The crypto trader known as Kaleo tells his 249,800 followers in a series of new tweets that DOGE is about to break through key resistances and print new all-time highs.

DOGE is unstoppable. I’ve said it before and I’ll say it again, DOGE to $1.00 and there’s nothing you can do to stop it.”

Binance Price

The Binance Coin price is also recouping some of the losses it suffered overnight. BNB is currently trading at $647, marginally higher than the overnight low of $625. Its market capitalization has risen to more than $100 billion, making it the world’s third-largest digital coin.

Furthermore, the analyst believes Binance Coin (BNB) will break through its resistance and make a strong move toward $700. 

“It wasn’t shocking that BNB’s initial rejection was at an all-time high. It appears to be on the verge of breaking through to $700+ for price discovery.” 

Kaleo is also keeping an eye on the BNB/BTC pair, which he claims is flashing bullish signals as it continues to crack resistances on an hourly basis. 

Kaleo even has a few more off-the-beaten-path coins on his radar. He believes that once EOS breaks through a main stage, it will rally by 256% from its current price of $6.46. 

Added some EOS here. I see it as only a matter of time before it reclaims the highs set several weeks ago. Once $9 is breached, it should have a relatively clear path back to the old all-time high of $23.”

Raydium is also expected to rally close to 2x, according to the trader (RAY). Raydium is a Solana blockchain-based automated market-maker (AMM) that has already gained 65 percent in the last month. RAY is currently trading at $14.02 at the time of publishing.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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