Dogecoin

2024

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<p>Analyst Miles Deutscher highlighted promising altcoin buys <a href="https://captainaltcoin.com/why-is-the-crypto-market-down-today-bitcoin-price-dips-to-67k/" target="_blank">amid a market pullback</a>, focusing on assets with strong support levels. In a tweet, Deutscher shared his current picks, including WIF, PEPE, PRIME, and FTM, citing their recent price resilience.&nbsp;</p> 
<p>His strategy targets coins that demonstrated upward strength and now present buying opportunities at key support zones.</p> 
<h3 class="wp-block-heading" id="strong-wif-chart-analysis-testing-support-at-2-30-strong"><strong>WIF Chart Analysis: Testing Support at $2.30</strong></h3> 
<p><a href="https://captainaltcoin.com/can-pepe-dogwifhat-wif-and-popcat-prices-surge-by-100x-experts-take/" target="_blank">WIF’s price action</a> reveals a downward trend, with recent lows nearing its critical $2.30 support level. This level has previously held as a reversal point, presenting potential buying interest if it remains intact.&nbsp;</p> 
<p>However, resistance remains near $3.30, where previous rallies have paused, suggesting a barrier on the path to further gains.</p> 
<p>A descending trendline above the current price hints at a breakout opportunity if the price surpasses it. This could trigger a reversal for WIF, making a bounce off $2.30 an attractive entry signal for traders. However, if WIF breaches this support, it <a href="https://www.tronweekly.com/wif-set-for-major-downtrend-after-recent/" target="_blank" rel="nofollow">may face additional declines</a> before finding stability.</p> 
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   <p lang="en" dir="ltr">Lots of alts look like decent adds today.<a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$WIF</a>, <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a>, <a href="https://twitter.com/search?q=%24PRIME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PRIME</a>, <a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$FTM</a> to name a few.<br><br>Prioritising alts that have showed strength over the past few weeks, and are now pulling back into key support zones.<br><br>Medium size for me today, saving capital in case there's another shakeout. <a href="https://t.co/14V0Cjx4a6" target="_blank" rel="nofollow">pic.twitter.com/14V0Cjx4a6</a></p>— Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1850035635207409875?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 26, 2024</a>
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<h3 class="wp-block-heading" id="strong-pepe-s-horizontal-price-consolidation-strong"><strong>PEPE’s Horizontal Price Consolidation</strong></h3> 
<p>PEPE, another coin on Deutscher’s list, has shown a consolidation pattern around $0.00000892, following a broader downtrend. With the price moving within this support zone, PEPE’s next resistance level sits near $0.00001000.&nbsp;</p> 
<p>The <a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank">coin’s price action</a> is forming a wedge pattern, suggesting a possible breakout if it surpasses this level.</p> 
<p>PEPE’s support consolidation implies a level of stability, which may attract buyers if it holds. Traders may watch for a potential move toward the $0.00001000 resistance, yet a breakdown below $0.00000892 could indicate further downside risk.</p> 
<h3 class="wp-block-heading" id="strong-prime-s-sideways-movement-at-7-18-support-strong"><strong>PRIME’s Sideways Movement at $7.18 Support</strong></h3> 
<p>PRIME is currently in a sideways phase, hovering around a $7.18 support zone after a previous decline. This area has historically demonstrated strength, holding as a pivot for short-term rebounds.&nbsp;</p> 
<p>If PRIME’s support holds, it may provide a foundation for upward momentum, with $8.50 as a potential target level. This demand zone is essential to <a href="https://www.coingecko.com/en/coins/echelon-prime" target="_blank" rel="nofollow">PRIME’s price stability</a>. Traders might anticipate a possible reversal if the support holds.&nbsp;</p> 
<p>Conversely, falling below $7.18 could result in PRIME testing lower price regions, which Deutscher’s tweet suggests may be more attractive with added caution.</p>  
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/can-sui-reach-100-this-crypto-cycle-sui-price-prediction/" target="_blank"><strong><em>Can SUI Reach $100 This Crypto Cycle? SUI Price Prediction</em></strong></a></p> 
<h3 class="wp-block-heading" id="strong-ftm-s-key-level-at-0-625-strong"><strong>FTM’s Key Level at $0.625</strong></h3> 
<p><a href="https://captainaltcoin.com/is-fantom-ftm-price-about-to-skyrocket-top-analyst-reveals-key-chart-signals/" target="_blank">For FTM</a>, Deutscher points to a $0.625 support level where the coin is consolidating. This base offers potential for a recovery rally toward $0.80 if buyers emerge.&nbsp;</p> 
<p>Similar to other assets, FTM’s current consolidation phase could signify a stabilization period before another price move. Should FTM hold above $0.625, it may present a favorable opportunity for traders seeking a rebound.&nbsp;</p> 
<p>Breaking below, however, may indicate continued bearish pressure, underscoring Deutscher’s strategy of measured buying with capital in reserve for further market adjustments.</p> 
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noreferrer noopener nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noreferrer noopener">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noreferrer noopener">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noreferrer noopener nofollow">FREE Telegram group.</a></strong></em></p> 
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<p>The post <a href="https://captainaltcoin.com/analyst-shares-which-altcoins-hes-buying-on-the-dip-wif-pepe-and/">Analyst Shares Which Altcoins He’s Buying on the Dip: WIF, PEPE, and…</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Analyst Shares Which Altcoins He’s Buying on the Dip: WIF, PEPE, and…

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