Dogecoin

Solana

April

Spot

A crypto pundit has declared that <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-price-21700-rise-to-17/" rel="nofollow noopener" target="_blank">Dogecoin (DOGE)</a> and <a href="https://bitcoinist.com/solana-ethereum-altcoin-leader-bull-cycle/">Solana (SOL)</a> have reached their “make it or break it levels.” This assessment is set to generate a wave of optimism as DOGE and SOL could be getting ready for a rebound soon.&nbsp;&nbsp; 
<h2 id="dogecoin-and-solana-at-make-it-or-break-it-point">Dogecoin And Solana At Make It Or Break It Point</h2> 
A Crypto analyst identified as ‘CrediBull Crypto’ on X (formerly Twitter) <a href="https://x.com/crediblecrypto/status/1800587603911004297?s=46" rel="nofollow" target="_blank">disclosed</a> that Dogecoin and Solana are currently at a crucial juncture, describing this point as their make-it-or-break-it level.&nbsp; 
In the analyst’s previous post, he expressed confidence that this phase was beneficial for Dogecoin and Solana as it brings some relief to their respective markets. He also noted that the <a href="https://www.newsbtc.com/news/company/bitcoin-and-altcoins-understanding-both-terms-properly/" rel="nofollow noopener" target="_blank">structure of altcoins</a> in the market could see major “relief” as Bitcoin drags the general market upwards.&nbsp;&nbsp; 
CrediBull Crypto disclosed that the good news about Dogecoin and <a href="https://www.newsbtc.com/news/solana/solana-institutional-investors/" rel="nofollow noopener" target="_blank">Solana’s price dynamics</a> is that both cryptocurrencies hit their make-it-and-break-it point at the same time Bitcoin, the world’s largest cryptocurrency hit its range lows. Sharing a price chart of <a href="https://www.newsbtc.com/news/solana-to-hit-1000-analyst-makes-bullish-call-despite-recent-downturn/" rel="nofollow noopener" target="_blank">Solana’s market movements</a> from April to August 2024, the analyst predicted that if Bitcoin experiences a price reversal, Dogecoin and Solana could also experience a similar <a href="https://www.newsbtc.com/news/solana-sol-resistance-166/" rel="nofollow noopener" target="_blank">rebound</a>.&nbsp; 
<img loading="lazy" decoding="async" class="size-medium wp-image-305181" src="https://bitcoinist.com/wp-content/uploads/2024/06/Dogecoin-Solana.jpeg?w=512&amp;resize=512%2C285" alt="Dogecoin Solana" width="512" height="285" data-recalc-dims="1"> 
He disclosed in his earlier post that if Solana can hold the green zone between the range of $141 and $147, the cryptocurrency could experience another higher high before a <a href="https://www.newsbtc.com/news/is-solana-preparing-for-liftoff-or-meltdown-analysts-forecast-sols-future/" rel="nofollow noopener" target="_blank">meltdown</a>. He also encouraged investors to take profits into the green and short again from higher up.&nbsp; 
Moreover, <a href="https://bitcoinist.com/can-dogecoin-reach-0-2/">CrediBull Crypto</a> forecasted new lows towards the range of $115 for Solana. He disclosed that Solana and Dogecoin would witness a slight reversal, pushing their values up amidst the <a href="https://www.newsbtc.com/news/solana-tough-climb-150/" rel="nofollow noopener" target="_blank">market’s downtrend</a>.&nbsp; 
As mentioned earlier, this <a href="https://www.newsbtc.com/news/solana-sol-comeback-172/" rel="nofollow noopener" target="_blank">projected reversal</a> for Dogecoin and Solana is contingent on Bitcoin’s future price performance. As of writing, Bitcoin is trading at $67,882, experiencing significant declines despite the increasing <a href="https://bitcoinist.com/spot-bitcoin-etfs-record-inflows/">inflows into Spot Bitcoin ETFs</a> and the market’s strong demand for these digital assets.&nbsp; 
Over the past week, <a href="https://www.newsbtc.com/news/bitcoin-still-significantly-undervalued-bill-miller-iv/" rel="nofollow noopener" target="_blank">Bitcoin</a> has experienced a 4.16% <a href="https://www.newsbtc.com/news/bitcoin-in-decline-66k/" rel="nofollow noopener" target="_blank">decline</a>, effectively pushing the cryptocurrency below its previous $71,000 high earlier this month. The cryptocurrency might be witnessing renewed interest from investors, as its value has surged by 1.24% in the last 24 hours, according to CoinMarketCap.&nbsp; 
<h2 id="update-on-dogecoin-and-solana-price">Update On Dogecoin And Solana Price</h2> 
Dogecoin and Solana are currently <a href="https://www.newsbtc.com/news/solana-searching-for-direction-will-sol-break-free-or-fall-flat/" rel="nofollow noopener" target="_blank">recording steep declines</a>, underscoring the cryptocurrencies’ lack of performance in the crypto market lately. At the time of writing, <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-will-outperform-bitcoin/" rel="nofollow noopener" target="_blank">Dogecoin’s price</a> is sitting at $0.14, marking a significant decline of 13.79% over the past week.&nbsp; 
Solana, on the other hand, has witnessed a significant decline over the past seven days, plummeting by 11.63%. This downward trend has continued, pushing the price of the cryptocurrency down to $152 after experiencing another 1.16% decrease in the last 24 hours.&nbsp; 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/nTB453fr/" alt="Dogecoin price chart from Tradingview.com (Solana)" width="3286" height="1576">

Pundit Says Dogecoin And Solana Have Hit ‘Make It Or Break It Levels,’ Why This Is Good News

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