The GOAT crypto price has been flashing major bullish signals as the token has been the top performer for the second consecutive day. The market sentiments remain neutral as the Bitcoin price continues to trade within a decisive phase. The altcoins are also consolidating within a narrow range, but some are managing to maintain a steep elevated trend. However, DOGS prices is facing huge bearish pressure in the past couple of days.
Now that the GOAT price is getting the required exposure, here’s what’s next for the DOGS price rally.
Goatseus Maximus price has been printing strong bullish candles in the past few days, as the token has been attracting massive volume. The token was listed on the major exchanges that offered the crypto the required boost, which is constantly trading within a discovery phase. However, the bears have begun to extract the profits but the bulls remain stationed as the token is poised to reach $1 anytime from now.
After its inception, the GOAT price has been consistently on the rise and has been forming a new ATH every day. The stochastic RSI has reached the overbought zone and is about to undergo a bearish crossover. Therefore, the price is expected to face a minor pullback and plunge slightly below $0.75, which may attract fresh bullish momentum. However, the selling volume appears to have risen and gotten exhausted, which may trigger a fresh bullish move above $1.
On the other hand, DOGS prices are facing massive bearishness, but the bulls are constantly trying to raise the momentum. After rising from the lows, the DOGS price is maintaining a consolidated ascending trend within a symmetrical triangle, which could result in a breakout soon.
The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get exhausted. The market sentiments are expected to flip in the coming days, which could revamp a strong ascending trend and break from a decisive phase towards the north. With this, the DOGS price is expected to rise above $0.00081 and, after securing the above newly formed support, the token could head towards $0.001 soon.
Source: https://coinpedia.org/price-analysis/goat-dogs-may-rule-the-crypto-space-soon-here-is-where-it-may-reach-in-the-next-48-hours/