A popular crypto analyst with the pseudonym Rekt Capital says it is time for altcoins to rise. In this context, the analyst predicts that a blue-chip meme coin will be a strong runner in this period. Elsewhere, according to economist Henrik Zeberg, the dollar’s loss of strength will breathe new life into cryptos. Zeberg says he will keep his eye on an altcoin in the crypto rally.
“DOGE has fully confirmed the macro Bull Trend!”
cryptokoin.comAs you can follow from , the market goes back and forth. Although the market has not determined its direction yet, analysts recommend being prepared for the future. In this context, the analyst nicknamed Rekt Capital says that the OTHERS chart, which tracks the market value of all cryptocurrencies except the 10 largest digital assets, is potentially preparing for a jump from the $ 250 billion level.
Rekt Capital, which also looks at certain altcoins, is hopeful about the future of Dogecoin (DOGE). The analyst notes that DOGE has made a healthy retest of the $0.12 level. However, he then says that the macro has officially confirmed the bullish trend. The analyst’s chart shows the next major resistance levels at $0.20 and $0.278. In this context, the analyst makes the following statement:
Dogecoin has staged a +30% recovery after successfully retesting the combined support area, which is the blue Macro Bearish Trend and the black Low Range (orange circle area). Macro Bear Trend has ended. But this completely confirmed the new Macro Bull Trend.
Henrik Zeberg has his eyes on this altcoin project!
Economist Henrik Zeberg says that the dollar’s loss of strength will be the catalyst that breathes new life into crypto assets. Zeberg notes that lower bond yields and a weakening dollar index (DXY) will create a “great environment” for risky assets like crypto. The analyst notes that he has his eye on Jasmy Coin (JASMY) to join the crypto rally. Jasmy is a Blockchain-based personal data storage project. Zeberg shares the following evaluations:
I think the decline in DXY and yields will create a great environment for crypto in the final phase of this risky asset bull market. I think the next phase for Jasmy is the third wave! Then fourth wave (as DXY bounces) towards summer (and then late summer) Final support in early autumn. The target may be “only” $0.3… but for now, the above is my main thesis. I AM JASMY-DAD!
Focusing on JASMY’s technical data, Zeberg says that the moving average convergence divergence (MACD) and relative strength index (RSI) indicators are in the process of moving upward on the daily chart. In this regard, Zeberg says:
Uptrend on MACD. RSI is breaking the downtrend. We have seen this before…..just before the 400-500% rally. I expect the movement to be bigger this time. Is everyone on board?
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