crypto-pundit-predicts-price-surge-for-dogecoin/#:~:text=crypto%20Pundit%20Predicts%20Massive%20Price%20Surge%20For%20Dogecoin%20%E2%80%93%20Here’s%20The%20Target&text=crypto%20analyst%20DonAlt%20has%20provided,from%20its%20current%20price%20levels.” rel=”nofollow”>crypto Analyst DonAlt has listed four altcoins that it will buy once it believes the price of bitcoin has bottomed. The analyst further provided insight into why he is particularly bullish on these alternative currencies.
ethereum is number one on the Altcoin list
DonAlt mentioned in an x (formerly twitter) x.com/CryptoDonAlt/status/1785755377541239045″ rel=”nofollow”>mail who will buy “eth, DOGE, LTC and maybe PEPE” every time he thinks btc has hit bottom. in a video Posted on his YouTube channel, he gave insight into why he was bullish on these crypto tokens, especially ethereum-to-10000-programmed/” rel=”nofollow”>ethereum.
The crypto analyst mentioned that ethereum is now low enough for him to feel comfortable buying. He also suggested that the crypto token was probably a good buy at this price level, stating that it is currently seeing good price action (especially on the weekly chart) with bitcoin struggling.
DonAlt added that ethereum will likely experience a good breakout while bitcoin struggles and that his low performance it could end soon. However, DonAlt has not yet purchased ethereum. He revealed that he will bet on ethereum if bitcoin recovers $62,000.
The analyst further suggested that bitcoin-spot-etfs-record-outflow/” rel=”nofollow”>bitcoin recovering this level would determine whether the bottom was reached or not. To support his stance, he pointed out that many altcoins are struggling to maintain their support levels due to bitcoin's collapse. However, if bitcoin were to recover $62,000, the rest of the market would likely recover as well.
Meanwhile, DonAlt commented that ethereum-network-now-cheapest-6-months-what-means/” rel=”nofollow”>ethereum it could move to $4,000 if it manages to close above $3,000 on its weekly chart. He further stated that this is the most bullish he has been on the second-largest crypto token in years.
Why Dogecoin (DOGE) and Pepe (PEPE)
DonAlt did not give an exact reason why he was looking to buy Litecoin other than the fact that it is an ancient coin. However, he gave some insight into why he was bullish on the other two altcoins. Dogecoin and Pepe.
According to him, the most important meme currency is probably reach $1 if bitcoin has not reached its cap, which presents an opportunity to make a lot of money. Curiously, he had crypto-pundit-predicts-price-surge-for-dogecoin/#:~:text=crypto%20Pundit%20Predicts%20Massive%20Price%20Surge%20For%20Dogecoin%20%E2%80%93%20Here’s%20The%20Target&text=crypto%20analyst%20DonAlt%20has%20provided,from%20its%20current%20price%20levels.” rel=”nofollow”>previously claimed that Dogecoin was a better investment than bitcoin. He also revealed that he is waiting for Dogecoin to drop to around $0.11 before buying, although he is still comfortable buying around $0.15 if it doesn't.
Meanwhile, as to why he is bullish on Pepe, suggested that the meme coin was a good buy given its recent performance. She even compared him to Dog hat (WIF) and stated that he would choose Pepe because Pepe is on a “chain that is not a joke” (ethereum), unlike WIF, which is a “meme on a chain of memes” (Solana).
x/RlJ5UU4c/” alt=”Tradingview.com ethereum Price Chart (Altcoins)” width=”3286″ height=”1530″ loading=”lazy”/>
eth price recovers above $3,000 | Source: ETHUSD on Tradingview.com
Featured image of Kanalcoin, chart from Tradingview.com
Disclaimer: The article is provided for educational purposes only. It does not represent NewsBTC's views on whether to buy, sell or hold investments, and investing naturally carries risks. It is recommended that you conduct your own research before making any investment decisions. Use the information provided on this website at your own risk.