Bitcoin continues its shaky movements and the rise has come to an end. While the fluctuation continues for the next 24 hours, what will be the target for DOGE and LINK Coin? Volatility is a period of opportunity for short-term investors and is more fun than boring sideways movements. Now let’s take a look at the possible scenarios for the 2 popular altcoins.
Dogecoin (DOGE)
Filled with flag holders on the rise Dogecoin (DOGE) It is also leading in decline. Following the resistance tests, DOGE returned to the 0.141 band due to the unsuccessful attempts and the BTC decline. When it became clear that the Supreme Court decision would be announced on Friday, we made the headline that a 4-day decline period had begun, and cryptocurrencies have been suffering losses since then. Although the MSCI decision is positive for the short term and slows down the sales, BTC fell below 90 thousand dollars today.
DOGE Since it cannot close above $ 0.1526, it may fall to $ 0.133. Although this level previously worked as resistance, it may turn into support in the last decline. However, if overall market sentiment does not improve, we may see the sell-off extend to $0.12.
Unless there are daily closes above $0.255, it is difficult to talk about a real trend change for Dogecoin, and the long-standing boring movements of cryptocurrencies have left investors with no energy for adventure.
Chainlink (LINK)
There is no other project among cryptocurrencies that can make such a big deal and not reflect it in its price. There is no other company in the world like Swift that it can partner with, and Chainlink produces technology at a level that can do business together with this company. However LINK Coin price It outperforms abandoned meme coins.
January 5 and 6 were good for LINK Coin in the ETF channel, but there was no continuation. Although it’s extra good that we don’t see exits LINK Coin Liquidity in the ETF channel, which we can call institutional and professional investors, is not fully understood either.
Let’s look at the LINK Coin chart. The altcoin, which has not benefited much from the rise, returns to the base of $ 12 with the rejection at $ 13.96. $11.93 was the last stop in December, and it wouldn’t be surprising if it returns to the same area again if overselling starts again. Here too, closings above $19.73 and $28 are required for an increase.
