KOL Kaleo warns traders to forget about Dogecoin and collects an altcoin on the Solana platform

A distinguished analyst warns folks to forget about the premier meme cryptocurrency Dogecoin (DOGE) and can also be bullish on a digital asset based mostly on Solana.

The particular person identified in the business as Kaleo advised his 356,000 Twitter followers that he was optimistic about DOGE.

Looking at DOGE / BTC, Kaleo says the pair will proceed to rise till it encounters overhead resistance in the High Time Frame (HTF) at 0.000009 BTC, which is value $ 0.44 at press time.

“Here is my plan – Dogecoin will proceed to rise till it hits the BTC pair’s HTF resistance round 900. achieved [satoshi]. You ought to accumulate in the present price zone. A break above this resistance signifies the correction is over. The subsequent goal might be $ 1.

The supply: Kaleo / Twitter

Kaleo can also be bullish on Kin, the cryptocurrency for messaging service Kik. The analyst says Kin is considered one of the most cost-effective cash in the Solana ecosystem. Kin may very well be prepared to bounce again for the subsequent main drag, Kaleo stated.

“KIN desires to go larger. pump”.

The supply: Kaleo / Twitter

At the time of writing, Kin is trading at $ 0.000020, in accordance to CoinGecko, up greater than 1,700% yr over yr.

Last week, Kaleo stated the helium blockchain (HNT) of the Internet of Things is difficult a significant stage of resistance. Once HNT breaks this resistance, the analyst says the altcoin will enter “pricing mode” and may very well be prepared to hit a price anyplace above $ 30.

“HNT is about to enter pricing mode.

The subsequent goal is 30 US {dollars}. “

The supply: Kaleo / Twitter

At the time of writing, HNT is trading at $ 23.8, in accordance to CoinGecko.

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Disclaimer: This article is for informational functions solely, not funding recommendation. Investors ought to analysis rigorously earlier than making a choice. We aren’t liable for your funding selections.

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According to Daillyhodl

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