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MEME

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-shares-insights-on-four-altcoins/" data-wpel-link="internal">Analyst Shares Insights on Four Altcoins</a> 
Cryptocurrency analyst World of Charts, known for impactful posts, shared insights on four altcoins today. The analyst revealed expectations related to the cryptocurrencies. The <a href="https://en.coin-turk.com/altcoins-heading-towards-a-new-collapse-warns-expert-analyst/" data-wpel-link="internal">altcoin</a> projects evaluated are MEME, 1INCH, DGB, and COMBO. Let’s look at the evaluations. 
<h2 style="text-align: justify" id="expectations-for-dgb-and-meme">Expectations for DGB and MEME</h2> 
The analyst’s first focus was on the altcoin DGB, which is testing a critical support area. This area includes a significant horizontal support region and a multi-year trend line. The analysis gains weight from the observed bullish volume, indicating a potential upward movement. The analyst expects a significant 200% rise in the coming weeks if these support levels hold. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-357182 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/dgb.png" alt="" width="1919" height="1087"> 
Analyst World of Charts also highlighted the altcoin Meme, which is struggling with an important trend line. If the resistance is successfully surpassed, the analyst expects a significant rise of 80-90%. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-357181 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/meme-1.png" alt="" width="1919" height="1087"> 
<h2 style="text-align: justify" id="comments-on-combo-and-1inch">Comments on Combo and 1INCH</h2> 
Combo, another altcoin, recently broke out from a bullish pennant formation. This breakout has been confirmed, increasing expectations for a sharp rise to the $1.50 level in the near future. The analyst expects a 95% increase at this point. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-357180 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/combo.png" alt="" width="1919" height="1087"> 
In a different scenario, the analyst noted that the altcoin 1Inch has achieved a commendable 20% profit so far, aligning with expectations. However, the analyst still sees significant upward potential, indicating the journey is far from over. The expectation for 1inch is a 492% increase. 
<img loading="lazy" decoding="async" loading="lazy" class="wp-image-357179 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/1inch.png" alt="" width="1919" height="1087"> 
We don’t know if the analyst’s predictions will come true. However, this is the cryptocurrency world, where <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">prices</a> can rise and fall quickly. Since the <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> that the mentioned price levels have occurred in the past, there is currently no barrier to the prices reaching the levels indicated by the analyst. Moreover, a positive cross already exists in the cryptocurrency world, so the mentioned levels might be reached. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-shares-insights-on-four-altcoins/" data-wpel-link="internal">Analyst Shares Insights on Four Altcoins</a></h5>

Analyst Shares Insights on Four Altcoins

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