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Santa Rally Incoming? Top Crypto Trader Predicts Upside Bursts for Dogecoin, PEPE and One Solana-Based Altcoin

source-logo  dailyhodl.com 02 December 2024 08:17, UTC
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A crypto strategist known as a “Master Trader” on the digital asset exchange Bybit believes three altcoins are gearing up for more rallies.

Pseudonymous analyst Bluntz tells his 299,900 followers on the social media platform X that Dogecoin ($DOGE) looks poised to witness fresh bursts to the upside after respecting support at around $0.36.

“You didn’t get bored of $DOGE and leave to go chase the newest shiny thing did you?

Things are about to get fun again, in my opinion.”

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Source: Bluntz/X

At time of writing, $DOGE is trading for $0.432, a 3.45% increase in the past 24 hours.

Turning to fellow memecoin Pepe ($PEPE), Bluntz believes that the altcoin is back to bullish mode after breaching its diagonal resistance.

$PEPE downtrend memeline officially broken.”

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Source: Bluntz/X

At time of writing, $PEPE is worth $0.0000209, a 2.7% surge in the past day.

As for the native asset of the Solana (SOL)-based decentralized exchange (DEX) aggregator Jupiter ($JUP), the crypto strategist thinks the altcoin is primed to move higher after shattering a diagonal resistance.

$JUP breaking out, the Santa rally is gonna be lit this year.”

Source: Bluntz/X

At time of writing, $JUP is trading at $1.14, a marginal decrease in the last 24 hours.

Generated Image: Midjourney

dailyhodl.com