Dogecoin (DOGE) is gaining momentum and might hit $0.19. Bitcoin (BTC) continues to eye $118,000 while the king remains in a safe territory. When this article was being written, Dogecoin price (DOGE) was $0.17 while Bitcoin price (BTC) was $109,644. Ethereum (ETH), which is priced at $2,579 as of writing.
Dogecoin (DOGE) recently made a rebound from a local low, indicating further bullish potential. Popular crypto analyst Ali Martinez is predicting that Dogecoin (DOGE) is getting ready to rally to $0.19, with more bullish movement likely up to $0.26.
Dogecoin bounced from the lower boundary of this channel. Now targeting $0.19, with potential upside to the upper boundary near $0.26. - Ali Martinez
Martinez further took a look at Bitcoin’s (BTC) daily chart, predicting a bullish outlook. Ideally for bulls, Martinez noted, a daily close above $109,000 could be the catalyst for a rally to $118,000.
Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door to a rally toward $118,000! - Ali Martinez
Martinez took a similar tone with Ethereum (ETH), throwing cold water on the blockchain’s prospects.
Heard a company added an inflationary asset like ETH to its balance sheet, and suddenly everyone’s bullish again. But let’s be real: I expect more chop until we get a sustained close outside the $2,227-$3,385 range. - Ali Martinez
