Crypto Analyst Predicts Meme Coin Pump As Dogecoin Chart Looks 'Very Constructive And Bullish'
Portfolio Pulse from Mehab Qureshi
Crypto analyst Crypto Tony predicts a bullish trend for Dogecoin (CRYPTO: DOGE), stating that a close above $0.075 on the daily timeframe could indicate an imminent 'meme coin pump'. Despite a market drop, Dogecoin was outperforming other meme cryptocurrencies like Shiba Inu (CRYPTO: SHIB) and Pepe Coin (CRYPTO: PEPE). Elon Musk's recent display of the Dogecoin symbol in his Twitter bio further solidifies his support for the digital currency.
July 25, 2023 | 11:12 am
News sentiment analysis
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Ascending
NEGATIVE IMPACT
Pepe Coin is currently underperforming compared to Dogecoin.
Pepe Coin's underperformance compared to Dogecoin could potentially drive its price down.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Shiba Inu is currently underperforming compared to Dogecoin.
Shiba Inu's underperformance compared to Dogecoin could potentially drive its price down.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Dogecoin is predicted to experience a bullish trend, with a potential 'meme coin pump' if it closes above $0.075 on the daily timeframe.
Crypto Tony's prediction and Elon Musk's continued support for Dogecoin could potentially drive its price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100