As the cryptocurrency market tries to get away with the current bear market, a well-known cryptocurrency analyst and trader is predicting a bull run for Dogecoin. Popularly known as Doge-killer, Shiba Inu has recently surprised his traders with his rising price action. While the ninth cryptocurrency, Dogecoin is still stuck in the bearish trading cycle as the coin has lost more than 7% in the last seven days.
However, a well-known crypto trader and analyst known as Smart Contracter takes an opposite stance. The analyst addresses his 220,200 followers via Twitter stating that Dogecoin is about to move north compared to Bitcoin’s Smart Contracter and believes that DOGE/BTC when analyzed over three days, in 2022 DOGE has formed a reverse head and shoulders pattern.
At press time, Dogecoin is selling for $0.086 after a 4.62% drop in the last 24 hours.
Network mask (MASK)
Next, the analyst talks about utility tokens like the Mask Network (MASK) and claims that the altcoin is ready to hit its next bull run. Smart Contracter is one of the analysts who uses the Elliott Wave theory in his analysis. In terms of MASK, he is confident that the coin will soon be up 50% from its current trading levels.
Mask Network is currently down 11.86% in the last 24 hours and is now trading at $3.70
DAO Curve (CRV) Price
The third currency that has caught the attention of analysts is Curve DAO (CRV). According to him, CRV is about to create a reaccumulation pattern against the dollar and Bitcoin. This suggests that CRV is ready for a positive ride.
Right now, CRV is valued at $1 after an 11.15% retracement in the last 24 hours.
The price of the chart (GRT)
The latest coin the analyst looks at is The Graph (GRT), which is a blockchain indexing protocol. Smart Contracter claims that GRT has completed its corrective wave, which means that the altcoin will jump into its next bull run.
good 20% dip in $TRB seems like an abc every hour.
I’d be super surprised if he really gets over himself after a day like we just had.
The placement of the stop is a bit difficult, although it is basically parabolic, with more to be expected. pic.twitter.com/NqCseUUGxQ
—Bluntz (@SmartContracter) February 8, 2023
Graph is trading at $0.149 down 16% in the last day.
This post Top Analyst Bets Big on Dogecoin and Three Other Altcoins
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