CandleFocus Trader Says Avalanche (AVAX) Setting Up for Massive Rally, Updates Outlook on Dogecoin (DOGE)
2024-11-24
Author: Content Editor
According to popular crypto trader Rekt Capital, Avalanche (AVAX) is poised for another significant rally, as it has successfully turned a previous resistance level into support. AVAX could potentially reach a price area not seen since March of this year. The trader also believes that Dogecoin (DOGE) is likely to experience further upward movement, with any drops below $0.40 presenting buying opportunities for investors. The trader suggests that daily closes above the $0.39 level would confirm a breakout for DOGE to higher prices. As of now, AVAX is trading at $42.90, up over 70% this month, while DOGE is trading at $0.44 and has already closed a day above Rekt Capital's confirmation level.
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