In the cryptocurrency world, investors continue to monitor cryptocurrencies that create a certain excitement and attract attention in the market. Recently, Crypto Dog, a famous cryptocurrency analyst, made a remarkable prediction and expressed his bullish outlook on the intriguing cryptocurrency Jeo Boden (BODEN). shared.
Since the beginning of March, Jeo Boden (BODEN) has shown an incredible performance, increasing its value more than twentyfold. Crypto Dog states that this increase is just the beginning and the price of meme coin is at a point where it is ready to explode. According to the details of the analysis, Jeo Boden’s daily chart is testing a downward sloping resistance level. This indicates that it may rise after a period of consolidation.
At the time of writing, BODEN is trading at $0.4859, up nearly 1851% from its all-time high of $0.0249 reached on March 9.
Crypto Dog’s foresight is not limited to Jeo Boden. According to the analyst, various meme coins such as dogwifhat (WIF) are also sending bullish signals. However, not only WIF but also a group of mid- and high-cap memecoins appear to be heading towards new highs. This can be considered a positive sign for investors who think that there is a broad upward trend in the cryptocurrency market.
“However, not just WIF but a handful of mid/high-cap meme coins are aiming for new highs.”
NEWS CONTINUES BELOW
In addition, the analyst also shared his current opinions for the popular altcoin NEAR Protocol (NEAR). The analyst said he is bullish on the Ethereum rival based on the artificial intelligence (AI) narrative. NEAR Co-Founder Illia Polosukhin said last year that artificial intelligence will be “one of the core verticals of the NEAR ecosystem moving forward to 2024.” The analyst said the following on the subject:
“…I still think NEAR will be a pioneer in the coming weeks and months.
Structurally it looks great, it has cleared recent lows where it has outperformed Bitcoin and even Solana.”
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