Pundit Says Dogecoin And Solana Have Hit ‘Make It Or Break It Levels,’ Why This Is Good News | Bitcoinist.com



A
crypto
pundit
has
declared
that


Dogecoin
(DOGE)


and


Solana
(SOL)


have
reached
their
“make
it
or
break
it
levels.”
This
assessment
is
set
to
generate
a
wave
of
optimism
as
DOGE
and
SOL
could
be
getting
ready
for
a
rebound
soon.  

Dogecoin
And
Solana
At
Make
It
Or
Break
It
Point


A
Crypto
analyst
identified
as
‘CrediBull
Crypto’
on
X
(formerly
Twitter)


disclosed


that
Dogecoin
and
Solana
are
currently
at
a
crucial
juncture,
describing
this
point
as
their
make-it-or-break-it
level. 


In
the
analyst’s
previous
post,
he
expressed
confidence
that
this
phase
was
beneficial
for
Dogecoin
and
Solana
as
it
brings
some
relief
to
their
respective
markets.
He
also
noted
that
the

How To Get Free Crypto  


structure
of
altcoins


in
the
market
could
see
major
“relief”
as
Bitcoin
drags
the
general
market
upwards.  


CrediBull
Crypto
disclosed
that
the
good
news
about
Dogecoin
and


Solana’s
price
dynamics


is
that
both
cryptocurrencies
hit
their
make-it-and-break-it
point
at
the
same
time
Bitcoin,
the
world’s
largest
cryptocurrency
hit
its
range
lows.
Sharing
a
price
chart
of


Solana’s
market
movements


from
April
to
August
2024,
the
analyst
predicted
that
if
Bitcoin
experiences
a
price
reversal,
Dogecoin
and
Solana
could
also
experience
a
similar


rebound

Source:
X


He
disclosed
in
his
earlier
post
that
if
Solana
can
hold
the
green
zone
between
the
range
of
$141
and
$147,
the
cryptocurrency
could
experience
another
higher
high
before
a


meltdown
.
He
also
encouraged
investors
to
take
profits
into
the
green
and
short
again
from
higher
up. 


Moreover,


CrediBull
Crypto


forecasted
new
lows
towards
the
range
of
$115
for
Solana.
He
disclosed
that
Solana
and
Dogecoin
would
witness
a
slight
reversal,
pushing
their
values
up
amidst
the

Coinbase Banner  


market’s
downtrend


As
mentioned
earlier,
this


projected
reversal


for
Dogecoin
and
Solana
is
contingent
on
Bitcoin’s
future
price
performance.
As
of
writing,
Bitcoin
is
trading
at
$67,882,
experiencing
significant
declines
despite
the
increasing


inflows
into
Spot
Bitcoin
ETFs


and
the
market’s
strong
demand
for
these
digital
assets. 


Over
the
past
week,


Bitcoin


has
experienced
a
4.16%


decline
,
effectively
pushing
the
cryptocurrency
below
its
previous
$71,000
high
earlier
this
month.
The
cryptocurrency
might
be
witnessing
renewed
interest
from
investors,
as
its
value
has
surged
by
1.24%
in
the
last
24
hours,
according
to
CoinMarketCap. 

Update
On
Dogecoin
And
Solana
Price


Dogecoin
and
Solana
are
currently


recording
steep
declines
,
underscoring
the
cryptocurrencies’
lack
of
performance
in
the
crypto
market
lately.
At
the
time
of
writing,


Dogecoin’s
price


is
sitting
at
$0.14,
marking
a
significant
decline
of
13.79%
over
the
past
week. 


Solana,
on
the
other
hand,
has
witnessed
a
significant
decline
over
the
past
seven
days,
plummeting
by
11.63%.
This
downward
trend
has
continued,
pushing
the
price
of
the
cryptocurrency
down
to
$152
after
experiencing
another
1.16%
decrease
in
the
last
24
hours. 

DOGE
price
recovers
toward
$0.15
|
Source:

DOGEUSDT
on
Tradingview.com

Featured
image
created
with
Dall.E,
chart
from
Tradingview.com

Go to Source
Author: Scott Matherson


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