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Cryptocurrency News Articles

Dogecoin’s (DOGE) Imminent Breakout: Analyst Predicts Violent Upside Move For DOGE!

Dec 12, 2024 at 05:00 pm

Crypto analyst Bluntz recently doubled down on his bullish prediction for Dogecoin. He believes a sharp upside breakout is imminent.

Dogecoin’s (DOGE) Imminent Breakout: Analyst Predicts Violent Upside Move For DOGE!

Crypto analyst Bluntz has doubled down on his bullish prediction for Dogecoin (DOGE), expecting a sharp upside breakout after a period of accumulation.

On December 6, Bluntz highlighted a three-week accumulation phase in DOGE's price action in an X post. According to Bluntz, this accumulation will culminate in a "violent upside move."

Despite having shared this prediction multiple times, Bluntz remains confident in this setup. Accumulation phases often precede significant price movements, indicating a balance of demand and supply before the market moves strongly in one direction.

This prediction has sparked optimism among Dogecoin supporters, who anticipate a rally similar to the meme coin's previous surges. As traders identify critical resistance levels, the community awaits DOGE's next move in the volatile crypto space.

DOGE was trading at $0.462 on December 8, up 8.56% in the past week. Market experts predict that DOGE will continue rising in this bull market, reaching $0.511 this month amid increased buying pressure. However, while DOGE is rising, the best crypto coin to buy now is FXGuys ($FXG), which is poised for 800% gains.

FXGuys is a blockchain trading platform that is rallying in its presale, set for massive gains to outpace DOGE in this bull market.

The platform offers a wide range of features and utilities that aim to maximize investors' profits and address some of the challenges affecting the crypto trading space. Spanning forex and crypto investment opportunities, FX Guys grants its users access to the best crypto coin to buy in this bull market.

The Trader Funding Program is a standout feature, providing skilled and talented traders with up to $500,000 in funding to execute their trading operations. Through this feature, FX Guys supports investors in scaling their trading strategies without risking their money.

Furthermore, the FX Guys platform offers traders an 80/20 split in profits, with 80% of the share going into traders' pockets.

Another notable feature that enables traders to receive higher income via active participation is the Trade2Earn feature. In this model, investors get paid $FXG tokens for every trade they execute, irrespective of the outcome. Therefore, even new investors get profit.

The ongoing volatility in the crypto space has pushed investors to seek long-term stability, and FXGuys' staking feature fits the bill perfectly. Staking on the blockchain trading platform allows users to earn passive income.

Investors can stake $FXG tokens and earn a remarkable 20% of the platform's profits, which is distributed based on the amount of staked tokens.

As Dogecoin (DOGE) dominates the crypto space with projections of an imminent violent breakout, FXGuys ($FXG) is growing into the best crypto coin to buy this bull season. DOGE rides on hype, while $FXG offers multiple utilities that give it long-term stability and value.

Currently, the token is available for purchase in Stage 2 of its public presale. On that note, $FXG is selling at $0.04, with new investors looking at a 25% profit when the token moves to Stage 3 at $0.05. Moreover, $FXG will offer a 150% ROI for Stage 2 investors after it lists on mainstream markets at $0.10.

With an anticipated 800% gain after the $FXG token launch, FXGuys is advancing the crypto sector by empowering traders and investors. As the bull momentum intensifies, FXGuys stands out with its blockchain trading platform, which enables it to maximize profitability and minimize risk.

If you are looking to capitalize on the next big thing, $FXG is the crypto to watch. Buy now before the price explodes.

To find out more about FXGuys follow the links below:

Presale | Website | Whitepaper | Socials | Audit

News source:techpoint.africa

Disclaimer:info@kdj.com

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Other articles published on Dec 12, 2024