A preferred crypto analyst who accurately predicted the current rise of Dogecoin (DOGE) says one other dog-themed meme coin could also be subsequent.
The pseudonymous dealer SmartContracter tells his 213,000 Twitter followers that the Ethereum-based altcoin Shiba Inu (SHIB) will probably witness an echo rally.
“If you happen to missed DOGE, which is ok by the best way, you continue to have an opportunity to hop in SHIB with all of the [others] who will purchase it considering they missed DOGE.”
SmartContracter then compares the weekly charts of the 2 altcoins when paired with Bitcoin.
The comparability exhibits SHIB is seeking to break a line of resistance that Dogecoin just lately exploded previous. The analyst says the 2 charts paint a “stunning image” displaying similarities on a technical stage.
As for DOGE itself, SmartContracter doesn’t imagine the unique memecoin has run out of steam.
The analyst, who first turned bullish on DOGE again on October 4th, just lately predicted a “subsequent leg up” for the altcoin after its meteoric rise above $0.14.
At time of publishing, Doge is up 24% within the final 24-hours, at $0.15. SHIB is up 7.5% at $0.00001323.
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