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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/dogecoin-and-other-altcoins-show-positive-trends-this-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Dogecoin and Other Altcoins Show Positive Trends This Week</a><br></p>
<p style="text-align: justify">As fluctuations continue in the <a href="https://en.coin-turk.com/bitcoin-and-ethereum-show-potential-for-significant-price-movements/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> market, Dogecoin (<a href="https://en.coin-turk.com/will-the-parabolic-sar-signal-trigger-another-dogecoin-rally/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a>), Ethereum (ETH) , and <a href="https://en.coin-turk.com/polygon-matic-price-surge-brings-optimism-to-investors/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Polygon</a> (POL) exhibit potential for growth this week. These three cryptocurrencies are garnering attention due to positive signals on their charts and may be preparing for a strong breakout.</p>
<h2 style="text-align: justify" id="dogecoin-doge-leads-the-market">Dogecoin (DOGE) Leads the Market</h2>
<p style="text-align: justify">Dogecoin has risen by 4.5% in the last 24 hours, reaching $0.1443. This increase largely compensates for DOGE’s losses from the previous week and indicates a 14.55% rise over the month. Technical analyst Ali Martinez noted that DOGE’s price has formed a “flag and pole” pattern on the charts. According to Martinez, if the price surpasses the $0.1443 level, a further increase of 25% could be on the horizon.</p>
<p style="text-align: justify">One of the reasons behind this rise is a social media post from Elon Musk, which reignited investor interest. Musk previously made humorous posts about DOGE and even offered suggestions regarding the coin.</p>
<h2 style="text-align: justify" id="eth-and-pol-signal-upward-movement">ETH and POL Signal Upward Movement</h2>
<p style="text-align: justify">In addition to Dogecoin, Ethereum (ETH) and Polygon (POL) are also on investors’ radars. ETH fell by 10% last week, dropping below the $2,500 level; however, it maintains support above $2,400. Analyst Martinez states, “If Ethereum holds strong at this level, it could rise to $6,000.”</p>
<p style="text-align: justify">Despite significant ETH selling by large investors, on-chain metrics provide positive signals for ETH. Recently, approximately $750 million worth of 300,000 ETH has been withdrawn from exchanges. Martinez suggests this movement may indicate that investors are developing a long-term strategy.</p>
<p style="text-align: justify">Polygon (POL) stands out with its significant profit potential. Martinez mentions, “The initial target for POL is $0.89, but in the long term, we could see a rise to $8.” Analysts believe the risk of a 15% decline is limited, highlighting POL’s potential for upward movement.</p>
<h2 style="text-align: justify" id="investors-should-monitor-market-conditions">Investors Should Monitor Market Conditions</h2>
<p style="text-align: justify">While DOGE, ETH, and POL show signs of upward movement through technical indicators, investors should closely monitor these cryptocurrencies. Developing careful strategies amid market uncertainties is crucial.</p>
<p>The post <a href="https://en.coin-turk.com/dogecoin-and-other-altcoins-show-positive-trends-this-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Dogecoin and Other Altcoins Show Positive Trends This Week</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Dogecoin and Other Altcoins Show Positive Trends This Week

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