Crypto analyst master Ananda vs. Trump Coinpredicting it could rise to $79, a new all-time high (ATH). Analysts use Elliott Wave theory to outline the key goals of meme coins and how to witness this recycling rate.
How Trump Coins Will Witness Recovery to $79
exist TradingView PostsMaster Ananda says Trump coins will see $79 in wave 5 of wave 5 Elliotbo structure. He noted that the 5th wave will result in a strong correction, which will lead to higher lows based on the wider structure. Analysts added that this higher low will recover to generate progress that will eventually enter the bull run phase and the new ATH, with a target of $79.35.
Comment Current price action for Trump coinsMaster Ananda said that higher lows enter, which will lead to higher altitudes. He asserted that as the coin moved until it reached $25.35, there would be no resistance. Analysts warn that as it happens after April 26, a backtrack may take place. This echo will end with a higher low, which will lead to a continuation of this upward trend.
After the retraction, crypto analysts predicted that the Trump coin would continue to rally and eventually reach $34.61. He noted that the market never moves directly up or down, so patience is key because the meme coins are a rally toward new highs. Master Ananda It is recommended that market participants just hold and not buy and sell on each goal.
Meanwhile, from a broader perspective, he said that as part of the third wave of the current bullish impulse, the three targets will be taken away by $25, $34 and $43. After this impulsive upward action, the Trump coin will witness the backtrack of the fourth wave of relocation. After the Wave 4 move is completed, the meme coins will gather to the $79 target of Wave 5.
The next step in the meme coins after Ath
Master Ananda said that long-term correction is called Bear market After the rally heads to the new ATH, it will come for Trump coins. However, he noted that the next bear market will not be as bad as the previous one. Compared to the 2022 bear market, analysts claim that the next one will be “fast and small”.
He asserted Trump Coin And, the broader cryptocurrency market will grow over the entire decade. Analysts tell market participants that if they focus on long-term growth, they can’t go wrong. In line with this, Master Ananda said investors should actively accumulate meme coins because this low price will not be available for a long time.
At the time of writing, Trump’s price is trading at about $14.30, up more than 3% in the past 24 hours. data From CoinMarketCap.
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