Prominent experts believe that the crypto bull market isn’t over just yet. With the US Federal Reserve ending its quantitative tightening, cutting interest rates, and injecting liquidity, Bitcoin and large-cap altcoins could push towards new all-time highs once again.
Dogecoin (DOGE) continues to be one of the best cryptos to buy, with analysts still projecting that it will hit $1 this bull cycle. Now, a major buy signal has flashed for DOGE.
Meanwhile, a new low-cap alternative, Maxi Doge (MAXI), is also in high demand among whales. Having already raised nearly $4 million in its ICO, many are viewing it as a potential 100x play for the next bull run.
Dogecoin Price Prediction: Major Buy Signal Flashes For DOGE, How High Can it Go?
The Dogecoin price is currently trading at $0.185, down nearly 10% this week. However, the Tom DeMark indicator suggests that DOGE is poised for a major rebound, flashing a buy signal in the 12-hour timeframe. For the uninitiated, the Tom DeMark (TD) indicator is a technical tool used to identify potential trend exhaustion points.
In this case, it signals that selling pressure may be fading and a bullish reversal could be on the horizon.
Notably, prominent analyst Ali Martinez indicates that the buy signal has flashed right as the DOGE price is retesting the $0.18 support level, which paves the way for a 45% rally to $0.26 and an 80% rally to $0.33.
Another popular trader, The Penguin, has used Elliot Wave analysis to explain his bullish Dogecoin thesis.
While open to the possibility of a larger dip in the lower timeframe, he indicates that the higher timeframe looks highly bullish for DOGE. The Penguin remains confident that $1 is on the cards for Dogecoin this bull cycle.
With older altcoins like Zcash finally showing significant bullish strength, it is time for the OG meme coin to push towards new all-time highs. Notably, the spot Dogecoin ETF is also ready for imminent approval and is expected to be a major boost for the token price.
All eyes are now on whether DOGE could secure a weekly close above its 100-week Simple Moving Average, which is currently at $0.187. This could signal the start of a new uptrend for Dogecoin.
This has always been a key support level, and a successful retest would be an excellent buying opportunity for sidelined investors.
Why Maxi Doge is Also Among the Best Cryptos to Buy Now
While Dogecoin is among the best large-cap investments, its upside is limited due to its large market capitalization. On the contrary, investors are eyeing anywhere between 10x to 100x returns from low-cap gems like MAXI.
Maxi Doge is designed to be a hyper-memeable Dogecoin successor, helping fulfil the dream of every crypto degen: retiring early, perhaps at the age of 22.
Its core imagery revolves around a jacked Shiba Inu with bloodshot eyes, guzzling Red Bull and throwing dumbbells between trades.
It’s not just a coin, it’s an identity. Maxi Doge embodies the “maxi” lifestyle: go all in, no stop-loss, no sleep, and full conviction. The branding leans into that chaos; think neon charts, gym bags full of gains, and Doge memes on steroids.
Besides the memability, smart money investors are impressed with its sound fundamentals, including community-centric tokenomics, lucrative staking rewards and secure smart contracts.
Whales are among MAXI’s early buyers. Recently, a whale made back-to-back massive investments into Maxi Doge, worth $325k and $324k, respectively. Behind such strong demand, the meme coin’s presale has already raised nearly $4 million in short order.
And yet, it is a low-cap gem. Unsurprisingly, many investors are viewing it as the next 100x crypto.
