What is traditionally the crypto market’s most bullish month has just begun. “Moonvember”, with an average return of 42.51% for Bitcoin, could provide investors with much-needed respite from October.
Prominent experts believe that the crypto bull market isn’t over just yet. With the US Federal Reserve ending its quantitative tightening, cutting interest rates, and injecting liquidity, Bitcoin and large-cap altcoins could push towards new all-time highs once again.
Dogecoin (DOGE) continues to be one of the best cryptos to buy, with analysts still projecting that it will hit $1 this bull cycle. Now, a major buy signal has flashed for DOGE.
Meanwhile, a new low-cap alternative, Maxi Doge (MAXI) , is also in high demand among whales. Having already raised nearly $4 million in its ICO, many are viewing it as a potential 100x play for the next bull run.
Dogecoin Price Prediction: Major Buy Signal Flashes For DOGE, How High Can it Go?
The Dogecoin price is currently trading at $0.185, down nearly 10% this week. However, the Tom DeMark indicator suggests that DOGE is poised for a major rebound, flashing a buy signal in the 12-hour timeframe. For the uninitiated, the Tom DeMark (TD) indicator is a technical tool used to identify potential trend exhaustion points.
In this case, it signals that selling pressure may be fading and a bullish reversal could be on the horizon.
Notably, prominent analyst Ali Martinez indicates that the buy signal has flashed right as the DOGE price is retesting the $0.18 support level, which paves the way for a 45% rally to $0.26 and an 80% rally to $0.33.
Another popular trader, The Penguin , has used Elliot Wave analysis to explain his bullish Dogecoin thesis.
While open to the possibility of a larger dip in the lower timeframe, he indicates that the higher timeframe looks highly bullish for DOGE. The Penguin remains confident that $1 is on the cards for Dogecoin this bull cycle.
With older altcoins like Zcash finally showing significant bullish strength, it is time for the OG meme coin to push towards new all-time highs. Notably, the spot Dogecoin ETF is also ready for imminent approval and is expected to be a major boost for the token price.
All eyes are now on whether DOGE could secure a weekly close above its 100-week Simple Moving Average, which is currently at $0.187. This could signal the start of a new uptrend for Dogecoin.
This has always been a key support level, and a successful retest would be an excellent buying opportunity for sidelined investors.
Why Maxi Doge is Also Among the Best Cryptos to Buy Now
While Dogecoin is among the best large-cap investments, its upside is limited due to its large market capitalization. On the contrary, investors are eyeing anywhere between 10x to 100x returns from low-cap gems like MAXI.
Maxi Doge is designed to be a hyper-memeable Dogecoin successor, helping fulfil the dream of every crypto degen: retiring early, perhaps at the age of 22.
Its core imagery revolves around a jacked Shiba Inu with bloodshot eyes, guzzling Red Bull and throwing dumbbells between trades.
It’s not just a coin, it’s an identity. Maxi Doge embodies the “maxi” lifestyle: go all in, no stop-loss, no sleep, and full conviction. The branding leans into that chaos; think neon charts, gym bags full of gains, and Doge memes on steroids.
Besides the memability, smart money investors are impressed with its sound fundamentals, including community-centric tokenomics, lucrative staking rewards and secure smart contracts.
Whales are among MAXI’s early buyers. Recently, a whale made back-to-back massive investments into Maxi Doge, worth $325k and $324k , respectively. Behind such strong demand, the meme coin’s presale has already raised nearly $4 million in short order.
And yet, it is a low-cap gem. Unsurprisingly, many investors are viewing it as the next 100x crypto.
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