The crypto market recently made a bullish comeback, with top assets like Bitcoin (BTC) and Dogecoin trading in the green zone. However, an analyst has sounded an alarm on the Dogecoin price, speculating that the meme coin could soon see a bearish breakout. At the same time, the analyst was bullish on an AI token, WallitIQ (WLTQ), which is preparing to surge to the $5 mark ahead of the next bull market. Let’s see why.
Dogecoin Price Eyes Major Dip
According to a crypto analyst, the Dogecoin price is showing signs of weakness, suggesting that the buyers are beginning to lose control to the sellers. The crypto analyst revealed this information in an X (formerly Twitter) post on December 10, 2024, highlighting that the Dogecoin price is currently in full breakdown mode, a critical juncture for the memecoin.
The crypto analyst had earlier identified $0.47 and $0.60 as major resistances that the Dogecoin price must overcome before reaching its ATH. Interestingly, the Dogecoin price rallied to a high of $0.48 on December 8 but has since dipped back to the $0.40 level.
Further, the Dogecoin price recently broke below a rising trendline, which has acted as support for pushing its price upward in the past month, indicating a bearish shift in market dynamics. The Dogecoin price chart analysis also shows that its RSI has been in a downtrend in the past month. Therefore, if Dogecoin continues in this bearish trajectory, then the crypto analyst suggests that Dogecoin’s price could dip to the $0.21 level. According to CoinGecko, Dogecoin’s price has surged to $0.41 and ranks 7th in the crypto market.
WallitIQ (WLTQ) Eyes Surge To $5 In Presale
While the Dogecoin price risks a major dip to the $0.21 level, the reverse is the case for WallitIQ (WLTQ), which is expected to experience a massive surge to $5 in its ongoing presale. In this presale, WallitIQ (WLTQ) offers its AI token WLTQ to everyone in the crypto community at a pocket-friendly price of $0.0243. Since the presale started, scores of investors from all regions have grabbed the opportunity to bag the AI token in large quantities, as it is the next big thing in DeFi.
Thus, the crypto analyst is optimistic that the AI token is primed to make this parabolic surge as we enter into the next bull cycle. Interestingly, when this happens, all early investors will have made close to 500x yield on their investments, prompting both large and small portfolio investors to buy the AI token now. The WallitIQ (WLTQ) ecosystem’s growth is another important factor driving the bullish momentum, as all token holders will gain access to an AI-powered crypto wallet. Unlike traditional wallets, the crypto wallet offers users personalization on levels never seen before, as users can easily customize its interface and other features for efficiency.
Aside from that, WallitIQ (WLTQ) offers all token holders up to 180% APR as a reward for staking their tokens in the platform’s pool. Further, the platform has employed state-of-the-art security technology to protect its ecosystem and users by introducing intelligent security, an advanced security technique that involves biometric authentications and AI-driven anomaly detection. Also, to make its security airtight, WallitIQ (WLTQ) has agreed to a regular audit of its smart contract, and SolidProof, a top blockchain security firm, conducted the last audit.
After a thorough examination, SolidProof found no critical underlying conditions that can make WallitIQ (WLTQ) weak against cyber attacks, declaring it safe and secure. WLTQ, the platform’s native token, powers the network and serves the purpose of governance, enabling users who hold this AI token to participate in the platform’s decision-making. Aside from that, WallitIQ (WLTQ) incentivizes users who buy the AI token with a referral bonus program that enables them to refer and earn more tokens.
Conclusion
Due to the uncertainty looming over the Dogecoin price, several DOGE investors have shifted investments into WallitIQ (WLTQ), which promises all early investors close to 500x yield on their investments. Along with the DOGE investors, several investors from different regions have hopped in on the presale to bag the AI token.
Interestingly, WallitIQ (WLTQ) has been listed on Coinmarketcap. So what are you waiting for? Hurry and buy WallitIQ (WLTQ) today!
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