Cryptocurrency

Solana Shows a Double Bottom Pattern: Upswing Ahead? Digitap Holds Up Better Than Dogecoin

Written By : Market Trends

As November started, both the price of Solana and the DOGE price saw noteworthy dips. In fact, both these crypto coins experienced double-digit drops in just one week. However, prominent influencer CryptoBusy noticed a double-bottom pattern for SOL, which may lead to a potential price reversal soon, while Ali mentioned that the TD is flashing buy for DOGE.

Despite this, traders are noting that Digitap ($TAP) has been holding up better than these "top altcoins to buy". This gem is now in phase two of its crypto presale but has already provided early buyers with a 114% return. With a prominent Tier-1 CEX rumored to be listing the $TAP crypto soon, many traders are looking at it as a better investment opportunity in the long run.

Solana Double Bottom Pattern – a Potential Value Jump Incoming?

Solana has seen some red price movement recently despite being one of the best altcoins. CoinMarketCap shows that the price of Solana fell from around $195 to nearly $150 in the past seven days. This is nearly a 20% drop in just one week for SOL.

However, prominent influencer CryptoBusy noticed a bullish signal for Solana. According to his X post, SOL is now seeing a double bottom pattern, which could lead to a bullish reversal. This may trigger a potential pump above the $200 level for the price of Solana.

TradingView also backs up this Solana price prediction. Notably, the momentum indicator is now in the sell zone while its volume has also been falling. This is a sign that the current downtrend is losing steam and a reversal could be ahead. Thus, the price of Solana may see a rebound soon.

Local Bottom In for Dogecoin? TD Sequential Indicator Flashes Buy

Dogecoin has also been going through some turbulence on the charts. On the one-week chart, the DOGE price experienced a dip from around $0.19 to nearly $0.16 as per CoinMarketCap. This is a continuation of the Dogecoin downtrend that saw its value dip nearly 40% on the 30D timeframe.

Despite this, a lot of traders are bullish thanks to a prominent influencer's Ali recent X post. Ali informed his X followers that the TD Sequential indicator is now flashing the buy signals. In other words, the local bottom may be setting in for the DOGE price, leading to a reversal.

Furthermore, NekoZ made an X post saying that a symmetrical triangle is nearing its apex for the Dogecoin crypto. A breakout may lead to the DOGE price soaring to $0.35 or even higher. Because of this Dogecoin price prediction, some investors are still optimistic about its growth.

Digitap: A 114% Pump With More Growth Ahead – the Top Crypto Presale?

Digitap is turning heads, also but for a much better reason. Its crypto presale performance has been outstanding so far, raising nearly $1.5 million in record time and making early buyers 114% richer. Given that the $TAP coin is now in phase two of its ICO, these numbers are projected to keep growing. In fact, a 10% price pump is expected to come once the third phase begins.

Hype was already high for Digitap as it introduced the first "omnibank" in the world. To clarify, it launched a unique global money app that combines crypto coins and fiat currencies in one place. On it, users may convert, manage, spend, send or even receive these currencies across blockchains and borders in total privacy, thanks to no KYC checks.

This could make Digitap a perfect candidate for exponential growth in the cross-border payments market, which Scalefocus claims will be worth $320 trillion by 2032. Those who want to support this project are now buying the $TAP crypto, which costs only $0.0268. However, this altcoin price is expected to reach $0.0297 soon. With a Tier-1 CEX also rumored to list $TAP, bringing more gains, it could be one of the best altcoins to buy for fast returns this year.

Digitap: Set To Potentially Outperform Solana and Dogecoin

While Solana and Dogecoin are still trying to maintain their "good altcoins to buy" status, traders have noticed that Digitap does have some advantages. For instance, it boasts a smaller market cap than SOL while having more utility than the hype-driven DOGE. This could lead to a faster price pump with less new funds, as well as easier adoption worldwide.

Not only that, the $TAP crypto is expected to be worth $0.14 on its launch day—a massive 422% increase from its current value. This could make $TAP the best crypto to buy this year for anyone wishing to invest early in a promising project with great long-term growth potential.

Discover how Digitap is unifying cash and crypto by checking out their project here:

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