A crypto analyst closely followed that an Altcoin in the middle of the cap looks like four-brush in August, while updating his prospects for Dogecoin (Doge) and Solana (SOL).
In a new strategy session, Crypto trader Ali Martinez tells Are 139,600 followers on the social media platform X that Pudgy Penguin (Pengu), the indigenous assets of a non-fungal token (NFT) collection with the same name, seems ready to shot by launching its upcoming Exchange-Traded Fund (ETF).
“Beat yourself when you sleep on Pengu. This is a bullish retest of the textbook. $ 0.060 in August is only the beginning. As soon as the ETF is approved, who knows how far this can go.”
Pengu acts for $ 0.019 at the time of writing, an increase of 31.4% during the last 24 hours. A rise of the target of Martinez would be a profit of 216% for it.
Transfer to the popular meme -activa -doge, Martinez out That every time it forms a specific pattern, the price tends to rise. The analyst says that he proposes the digital active with a dog theme up to between $ 0.20 and $ 0.25.
“Every time Dogecoin forms this pattern, the price starts. At the moment Dogecoin is at the bottom of a parallel channel. A purchase peak here can send Dogecoin to $ 0.20 and maybe even $ 0.25.”
DOGE acts for $ 0.179 at the time of writing, a win of 4% in the day.
Closing his analysis with the smart contract platform Solana, Martinez notes That it actively broke its resistance zone and is on its way to a price tag of $ 164 towards the end of the week.
“Solana forms a symmetrical triangle and a movement of 8% can be the next. A near $ 153 could send Solana above $ 164.”
Sol acts for $ 156 at the time of writing, a win of 1.6% in the day.
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Generated image: midjourney
