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Pentoshi Is Betting Long-Term On SOL And ETH, Bullish on Dogecoin

According to a popular cryptocurrency analyst and trader, known as Pentoshi, two large-cap altcoins Ethereum and Solana are going to have huge value in years to come. He is also bullish on Dogecoin assuming it breaks a key resistance.

The pseudonymous analyst shares with his 238K twitter followers that he expects smart contract platforms Ethereum (ETH) and Solana (SOL) to be massive players in crypto space going forward.

“I am an everything maxi. I’m not tribalistic.

But I just can’t not be betting on $sol and $eth heavily.

I can’t imagine those don’t capture a tremendous amount of value in the years to come in their ecosystems.”

At time of writing, SOL is trading at $107, with 52% gains in 7 days, and nearly 2500% over the last year according to CoinGecko data.

Dogecoin (DOGE)

Pentoshi is looking into meme crypto Dogecoin (DOGE), from a short-term trading point of view. In its USD pair, if DOGE can break the $0.30 level, a sizeable 40% rally to $0.42 could be next, he predicts. Pentoshi also draws a couple of key levels for Dogecoin’s Bitcoin pair (DOGE/BTC) – a pair that could also be gearing up for a potential 40% up tick.

https://twitter.com/Pentosh1/status/1432728019987222548

Bitcoin (BTC)

According to Pentosi Bitcoin must to break a downward resistance, and then go above the $50,000 area from which it collapsed during the crash in May.

“$BTC needs to break this LTF downtrend line and the original PoB [point of breakdown] from May.”

https://twitter.com/Pentosh1/status/1432670923891650569

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