- A cryptocurrency analyst estimates that DOGS can offer a gain of up to 658% with a strong strong position.
- DOGS is showing strong technical indicators and market activity, raising interest in its long-term growth potential.
DOGS, a memecoin based on TON, has received a lot of attention after a bullish analysis from Alan Santana, chief crypto analyst at TradingView.
In his latest analysis, Santana pointed out thebright DOGS/USDT future with possible profit up to 658%. Along with a recent 15.17% increase in price over the past seven days, this forecast has piqued the interest of traders and investors.
DOGS signals guarantee a position for experienced traders
Santana claims that although trading volume increased significantly earlier this month, DOGSUSDT currently trading above its EMA55, which is a strong bullish signal. These technical indicators, along with a generally positive outlook in the altcoin market, indicate a favorable setup for a significant price increase.
With several targets mentioned, ending at $0.0015422, entry levels for the trade between $0.0007500 and $0.0006900 are recommended. Alan Santana said that this trade is a high probability setup and emphasized that the setup is still possible even if there is a temporary drop in prices.
He advised spot trading as a safer alternative for beginners, while noting that this possibility might not be suitable for people who are new to cryptocurrency trading.
Reflecting its recent price increase, DOGS is trading around 0.0007235 $ at the time of writing these lines. The market capitalization is about $370 million. In addition to its commercial performance, WAR has attracted media attention for its community projects.
DOGS, along with Notcoin (NOT), burned $4 million worth of unsolicited tokens in a Telegram airdrop held in October, according to relationship outside the CNF.
The community has specifically decided not to burn all unsolicited tokens. Instead, some have turned to philanthropic causes, showing a taste for long-term development and wider social impact than quick financial success.
2024-11-30 06:00:00
#Bullish #outlook #shows #DOGS #poised #rise
## ”DOGS to the Moon? Analyst Predicts 658% Gain for Memecoin”
**World Today News Interview wiht Alan Santana, Chief Crypto Analyst at TradingView**
**Introduction:**
In the ever-volatile world of cryptocurrency, memecoins ofen emerge as surprising players.
Recently, DOGS, a memecoin built on the TON blockchain, has been making waves due to a bullish analysis by Alan Santana, Chief Crypto Analyst at TradingView.Santana predicts a staggering 658% gain for DOGS, citing strong technical indicators and a bullish market sentiment.
We sat down with alan Santana to further understand his optimistic outlook on DOGS and it’s potential for long-term growth.
**World Today news:** Alan, thank you for taking the time. Your recent analysis of DOGS has certainly caught the attention of many in the crypto community. What is it about DOGS that makes you so bullish?
**Alan Santana:** thank you for having me. DOGS presents an intriguing opportunity for a number of reasons. First, the technical indicators are exceptionally strong.
We’re seeing consistent buying pressure, with DOGS currently trading decisively above its 55-day exponential moving average (EMA55), which is a very clear bullish signal. Also, the recent surge in trading volume further validates the growing interest and confidence in this project.
**World Today News:** You’ve predicted a potential 658% gain for DOGS. That’s quite audacious. What factors are driving this prediction?
**Alan Santana:** While all crypto investments carry risks,the current market surroundings for altcoins is favorable.
The increasing adoption of TON and the growing awareness of memecoins within the wider crypto community are contributing factors. Moreover, DOGS has demonstrated resilience and a strong community backing, which are crucial for sustained growth.
**World Today News:** Some investors might be skeptical about memecoins, seeing them as purely speculative assets. What would you say to them?
** Alan Santana:** It’s true that memecoins can be volatile, but dismissing them entirely would be shortsighted. The success of coins like Dogecoin has proven that memecoins can capture significant value and generate substantial returns.DOGS has the potential to follow a similar trajectory, particularly if it successfully leverages the TON ecosystem and continues to build a strong and engaged community.
**World Today News:** what advice would you give to someone who’s considering investing in DOGS?
**Alan Santana:**
As with any investment, thorough research is essential. Understand the fundamentals of the project, its technology, and its potential use cases. Only invest what you can afford to lose, and don’t get swept up in hype – make informed decisions based on your own analysis and risk tolerance.
thank you for sharing your insights, Alan. Your analysis certainly provides food for thought for anyone interested in the world of memecoins and the potential opportunities within the cryptocurrency market.
**Disclaimer:**
This interview is intended for informational purposes only and does not constitute investment advice. Cryptocurrency investments are highly speculative and involve risk.
Please conduct your own thorough research before making any investment decisions.
