Crypto Analyst Highlights One Meme Coin and GameFi Coin With Big Potential – The Next Big Thing in Crypto?

February 26, 2024

Alan Santana, a top cryptocurrency analyst, highlighted two digital assets that he believes have significant upside potential – the meme coin Floki Inu (FLOKI) and blockchain gaming guild Yield Guild Games (YGG).

What you'll learn 👉

Bullish on Floki Inu

In his analysis, Santana outlined several technical reasons why Floki Inu looks poised for gains. “Floki Inu is really strong because, after its initial bullish wave starting October 2023, it never moved below EMA300,” he explained.

The key takeaway according to Santana is that “Any trading above this level [EMA300 at 0.00002946] can be considered super bullish.” If bullish momentum continues, Santana set the next target around 0.00006993, which would represent a 90% price increase from current levels.

However, Santana did caution that “If FLOKI moves and closes below EMA300, it can signal the start of a long retrace.” So holding above that level is critical for the bull case.

Bullish on Yield Guild Games

Transitioning to Yield Guild Games, Santana highlighted his bullish qualitative outlook. “Yield Guild Games feels strong but I think this is coming from the project and not necessarily the chart,” he noted.

Santana believes a solid fundamental backdrop will eventually translate to an upside for the price. “A strong project though will definitely reflect on the price,” Santana concluded.

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While crypto markets remain volatile, Santana’s analysis spotlights Floki Inu and Yield Guild Games as two digital assets with sizable potential, according to his blend of technical and fundamental research. Other analysts will be closely monitoring price action and developments around these tokens in the days ahead.

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