Bullish Crossover Appears On Dogecoin Chart, Solana Pumps Past $195

The crypto market is abuzz with excitement as two big altcoins, Dogecoin and Solana, are exhibiting positive signals of a bullish trend. The daily chart of Dogecoin shows a bullish crossover, which in the past has been followed by a steep rise in prices. 

In the meantime, Solana is causing a stir as it surpasses the $195 resistance, raising the speculation of an even larger rally. Both coins may be preparing to make great gains in the near future as market analysts watch.

Dogecoin Bullish Crossover Signals Potential Surge: Traders Eye $0.90 to $1.00

Trader Tardigrade has just pointed out a promising technical signal on the Dogecoin price chart. The analyst noted that there is a bullish crossover on the daily chart. This crossover occurs when the 50-SMA crosses above the 200-SMA and this is a signal that is usually followed by a price explosion. 

The last time this bullish crossover happened was in November, during which Dogecoin’s price surged to $0.48. This time, Tardigrade suggests that the memecoin could rise even further, possibly reaching $0.90. 

Meanwhile, Chris, a market analyst, has also weighed in on the situation. He observes that Dogecoin may currently be in “Wave 3” of an upward trend on its daily price chart. In his post, Chris suggests that this wave could initially push Dogecoin’s price to $0.64, with further upside potential, taking it to $1.00 in the long term.

In the meantime, the value of Dogecoin has broken out of a bullish flag with potential to hit $0.29 in the coming days. Data from CoinMarketCap shows that DOGE is up 22.18% on the 7D chart. Its value is also bullish on the 30D timeframe with an increase of 18.5%. All eyes are currently on the memecoin, which market watchers expect to claim $0.30 in the coming weeks.

Solana (SOL) About To Claim $210 Level

Solana is among the top altcoins in the crypto market right now. Its latest performance has attracted a lot of interest as market watchers keep an eye on the Ethereum Killer, which is expected to cross the $210 mark soon.

The Solana price is up by 12.6% on the 24H timeframe, according to CoinMarketCap data. The altcoin rebounded off the support level of $177 and spiked above the $195 threshold.

As of writing, Solana has crossed above the 195 resistance, and key indicators like the RSI indicate a continuation of the uptrend. The RSI is at 52, meaning that Solana is not in an overbought position and has considerable potential to cross $210 soon.

Crypto Legend forecast that the Solana price could rally to $260 in the coming week. If this level is cleared, the analyst expects the value of Solana to rise to $340-$400.

Another analyst, Nebraskangooner, told his followers that SOL just broke out of an inverse head-and-shoulders pattern with a target of $215. With a Solana ETF approval around the corner, the altcoin has potential for growth.

Dogecoin and Solana Set for Breakout

Dogecoin and Solana are the leading altcoins to watch out for currently. Dogecoin’s bullish crossover and Solana’s rally above $190 signal strong upward momentum. With forecasts targeting $1.00 for Dogecoin and $260+ for Solana, both altcoins could climb to new peaks soon.