Renowned cryptocurrency analyst World of Charts has provided insights on four prominent altcoins. The analyst’s latest expectations encompass MEME, 1INCH, DGB, and COMBO, predicting substantial movements in their values. Below are the detailed evaluations and predictions.
What is Expected for DGB and MEME?
World of Charts has identified a critical support zone for DGB, a region that includes a significant horizontal support level and a multi-year trend line. With bullish trading volume observed, the analyst anticipates a potential 200% increase in DGB’s value in the next few weeks, provided these support levels remain intact.
The analyst also spotlighted MEME, which is contending with a significant trend line. Should the resistance be broken, an 80-90% rise is anticipated.
How Will Combo and 1INCH Perform?
Regarding COMBO, the altcoin has recently broken out of a bullish pennant formation, confirming expectations for a sharp rise to the $1.50 level in the near future. The analyst forecasts a 95% increase at this point.
For 1INCH, despite already achieving a 20% profit, the analyst sees considerable upside potential. The expected increase for 1INCH is an astonishing 492%.
Key Takeaways for Investors
– DGB could see a 200% increase if support levels hold.
– MEME has the potential to rise by 80-90% if it surpasses resistance.
– COMBO might witness a 95% surge following a bullish formation breakout.
– 1INCH could experience a significant 492% increase.
Although these forecasts are optimistic, the volatility of the cryptocurrency market means that actual outcomes may vary. The data indicates that these price levels have been reached in the past, suggesting the possibility of hitting the predicted marks again. However, investors should proceed with caution and consider the inherent risks.
