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Analyst Says The Bitcoin Bull Run Has Started, Will XRP Price And Dogecoin Price Rally?

Bitcoinist
by Bitcoinist
9 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A renowned crypto analyst, identified as ‘Sensei’, recently shared insights on social media platform X, teasing that the long-anticipated Bitcoin bull run may finally be here. Citing a bullish cross on the simple moving averages (SMAs) in the Bitcoin price chart, Sensei’s analysis draws on past movements which led to exponential surges in the Bitcoin price. 

The potential of a Bitcoin bull run could also bring into focus rallies in the XRP price and the Dogecoin price. Both cryptocurrencies have been positioning for significant price rallies of their own. The XRP price, for one, has been setting the stage for a rally, especially in light of recent Spot XRP ETF applications. Similarly, the Dogecoin price, which has always been tethered to Bitcoin price movements, could see a cascading price effect if Bitcoin surges. 

While the Bitcoin price, XRP price, and Dogecoin price are all primed for potential rallies, another crypto poised for massive growth is WallitIQ (WLTQ).

WallitIQ (WLTQ): The Next Big Player Amid The Surge

WallitIQ (WLTQ) is a groundbreaking cryptocurrency that’s particularly in a prime position to benefit from a Bitcoin bull run. WLTQ is the major utility token for the WallitIQ ecosystem, which is built around AI-driven decentralized wallets. 

Currently in its presale phase, WallitIQ offers DeFi users access to a fully decentralized crypto wallet with more functionalities than you would get in other crypto wallets. This innovative crypto wallet offers users up to 180% APR, staking options and rewards, yield farming opportunities and more. 

As a next-generation crypto wallet, WallitIQ (WLTQ) uses artificial intelligence and machine learning to address the drawbacks of decentralized wallets and has been fully certified by an audit conducted by SmartProof. Some interesting features of WalliIQ’s digital wallets include biometric and facial authentication, portfolio performance tracking, AI-driven smart contract analysis, and a Scan & Pay QR feature, among others. 

In addition, WallitIQ’s wallet allows users to cover transaction and gas fees directly from the wallet using WLTQ, bypassing the common bottleneck of high transaction costs on networks like Ethereum (ETH). This crypto wallet also offers sentiment and predictive analytics tools that help forecast market trends, enabling investors make informed decisions.   

Presently, WallitIQ’s presale is generating massive interest among crypto whales and retail investors, especially as the WLTQ token has been officially listed on CoinMarketCap. This interesting development puts it on the right path as Bitcoin (BTC) prepares for a bull run.

Will XRP Price And Dogecoin Price Follow A Bitcoin Bull Run?

According to a Bitcoin / US Dollar monthly candlestick chart shared by crypto analyst Sensei, a short-term moving average recently crossed over a longer-term moving average, giving rise to a bullish golden cross. Notably, Sensei’s chart points out that similar bullish crosses occurred in both 2017 and 2021. Now, with another bullish cross appearing in 2024, Sensei projects that Bitcoin (BTC) could embark on a similar upward trajectory, potentially reaching a new peak above $300,000.

Historically, a strong Bitcoin bull run has pulled other top-tier cryptocurrencies upward in a domino effect. XRP price, for example, is well-positioned to benefit from a Bitcoin rally. While the XRP price has been slowly recovering from recent lows, it has yet to surpass the $0.70 threshold. However, a bullish Bitcoin (BTC) environment could push the XRP price past this level and other key resistance levels, potentially leading to new highs.

As the king of meme coins, the Dogecoin price is also set to be among the first benefactors of a Bitcoin bull run. According to data analytics platform IntoTheBlock, Dogecoin price is currently leading the pack with the highest number of short-term traders. Dogecoin price movements often rely heavily on market sentiment, and a Bitcoin-led bull run might be just what it needs for a major leap.

Conclusion: WallitIQ (WLTQ) Presale

As the Bitcoin bull run appears to be taking off with the SMA bullish cross, the XRP price and Dogecoin price are also showing signs of rallying. But beyond these major players, WallitIQ (WLTQ) is a name to watch and the ongoing presale is an opportunity for early investors to secure WLTQ tokens at a low price of $0.0171, ahead of its projected surge.

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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