
ETH and DOGE Mimic Bullish Consolidation Patterns of 2021 Endorsing a Major Bullish Surge in the Months Ahead
The cryptocurrency market has been abuzz with excitement lately, as two prominent altcoins have recently caught the attention of analysts for mirroring bullish consolidation patterns seen in 2021. Ethereum (ETH) and Dogecoin (DOGE) are both showcasing similar signs to those witnessed during the previous year’s pump, hinting at a massive surge in the months ahead.
In recent times, the cryptocurrency landscape has been marked by an extraordinary development: Bitcoin maintaining its bullish momentum despite dipping as low as $92,000. This unwavering determination is being mirrored across the crypto market, with sentiment growing stronger than ever before. As of now, it appears that Bitcoin will soon claim new ATH (All-Time High) targets between $125,000 and $235,000.
As a direct result, analysts have shifted their focus towards altcoins, which are expected to mirror the larger-than-life movement seen in Bitcoin. In this context, Ethereum and Dogecoin’s newfound patterns bear close resemblance to those observed during 2021, when a similar trend emerged in the market.
Source: cryptonewsland.com