A high-profile dealer says that Dogecoin (DOGE) and one different asset are making ready for liftoff as Bitcoin edges towards $45,000 and Ethereum reclaims $3,000.
In a tweet to his 156,000 followers, Good Contracter predicts that Dogecoin will escape of its bear pattern and skyrocket to as excessive as $0.41.
“Woof woof, DOGE paradoxically wanting primed and breaking key downtrend, is meme [season] again?
Trying like one of many sluggish movers however not for lengthy [in my opinion].”
At time of writing, DOGE is up 22.4% in 24 hours in line with CoinGecko.
Good Contracter additionally says that indexing protocol The Graph (GRT) would possibly flip bullish after sitting in a chronic accumulation part.
“GRT received smoked from the highest, -85% peak to trough however has some very nice accumulation occurring on the every day timeframe on the USD pair, plus the BTC pair has performed a clear 5 wave up from the lows. This one will get despatched [in my opinion].”
The pseudonymous dealer additionally says that he’s rotating earnings he’s made off CryptoPunks, that are a number of the first non-fungible tokens (NFTs), or digital artwork, minted on the Ethereum blockchain. Good Contracter says he’s buying Meebits, a brand new NFT venture, as trading volume within the sector soars.
“Simply bought a punk for +50% what I paid at the beginning of the month, gonna roll these earnings into some Meebits subsequent.
Larvalabs NFTs are the one NFTs I’ve ever made cash on so [probably] gonna simply persist with them.”
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