The analyst Rekt Capital is bullish on Avalanche (AVAX), noting that it had a strong November and suggesting that any dips below $38.57 would be retests that could lead to a rally. The price of AVAX is currently $51.14, up over 12% in the past day. Rekt Capital also mentions that Polkadot (DOT) had a bullish monthly close and needs to stabilize at around $8.61 to enable further upside. DOT is currently trading at $10.24, up nearly 7% in the last 24 hours. In addition, Dogecoin (DOGE) has broken out from an ascending triangle pattern, which is considered bullish, and any dips back to the breakout level at around $0.43 would confirm the breakout. DOGE is currently trading at $0.421.
- Content Editor ( dailyhodl.com )
- 2024-12-04
Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin