The crypto market this month is seeing mixed reactions. DOGE prices show hopes for a trend reversal, while the situation with LTC is concerning.
DOGE Price Prediction: Optimistic Double-Bottom
On charts, DOGE formed a strong double-bottom pattern between $0.157 and $0.158, supported by higher-than-average volumes. This classic reversal setup led to a short bounce of around 2%, taking the DOGE price prediction back to $0.16 levels. A push beyond $0.17 could confirm trend reversal, invalidating recent bearish moves.
LTC Outlook: Negative Signals from Whales
Charts for LTC show worrying signs after a major whale dumped 340,000 LTC following its recent upswing. Litecoin has climbed around 6% this week, steadying near $85. But on-chain signals, including profit-taking data and activity from long-dormant wallets, suggest sellers may return strongly, putting its recent gains at risk.
BlockDAG: Upcoming GLOBAL LAUNCH and Security Audit
Many are now watching BlockDAG as it moves towards the GLOBAL LAUNCH release. It has raised over $333 million with 23.7 billion BDAG coins already sold. Dual audits by CertiK and Halborn show deep technical strength and readiness for GLOBAL LAUNCH.
Currently, DOGE shows optimistic signs of reversal, while LTC faces negative signals from major holders. Meanwhile, BlockDAG continues to gain traction with its upcoming launch and successful security audits.