As the crypto market tries to get away with the current bear market, a well-known crypto analyst and trader is predicting a bull run for Dogecoin. Recently, popularly known as the Doge-killer, Shiba Inu has amazed its traders with its price hike. While the ninth largest cryptocurrency, Dogecoin is still stuck in the bearish business cycle, with the currency losing more than 7% in the past seven days.
Dogecoin price
However, a well-known crypto analyst and trader known as Smart Contracter takes an opposite stance. The analyst addresses his 220,200 Twitter followers, saying that Dogecoin is poised to move north relative to that of Bitcoin. The Smart Contracter estimates that DOGE/BTC, when examined over three days, in 2022, DOGE has formed an inverted head and shoulders.
At press time, Dogecoin is selling at $0.086 after falling 4.62% in the last 24 hours.
Mask network (MASK)
Next, the analyst talks about utility tokens like Mask Network (MASK) and claims that the altcoin is poised for its next bull run. Smart Contractor is one of the analysts who use the Elliott Wave Theory in their analysis. In terms of MASK, he is confident that the currency will soon rise 50% from its current trading levels.
Currently, Mask Network has fallen 11.86% in the past 24 hours and is now trading at $3.70.
Curve CAD (CRV) Course
The third currency that caught the attention of analysts is Curve DAO (CRV). According to him, CRV is about to create a reaccumulation pattern against the dollar and Bitcoin. This suggests that CRV is ready for some positive driving.
Right now, CRV is valued at $1 after pulling back 11.15% in the last 24 hours.
The chart price (GRT)
The last currency the analyst is talking about is The Graph (GRT) which is a blockchain indexing protocol. Smart Contracter claims that GRT has completed its corrective wave, meaning the altcoin will move into its next bull run.
The chart is trading at $0.149 with a 16% drop over the past day.