While fluctuations in the altcoin market continue, Dogecoin 
$0.142292 (DOGE), Ethereum (ETH) 
$2,505 and Polygon (POL) are showing bullish potential this week. These three crypto assets are attracting attention with positive signals on the charts and may be preparing for a strong breakout.
Dogecoin (DOGE) Ahead of the Market
Dogecoin increased by 4.5% in the last 24 hours, reaching $0.1443. This increase largely compensated for DOGE’s losses last week and showed a 14.55% increase on a monthly basis. Technical analyst Ali Martinez stated that the DOGE price created a “flag and pole” formation on the charts. According to Martinez, if the $ 0.1443 level is exceeded, a 25% increase may occur for DOGE.
One of the reasons behind this rise was Elon Musk’s social media post. A photo of Musk featuring the DOGE symbol increased investor interest again. Musk had previously shared humorous posts about DOGE and even made suggestions for this coin.
Bullish Signals in ETH and POL
Besides Dogecoin, Ethereum (ETH) and Polygon (POL) are also on investors’ radar. ETH lost 10% last week, falling below the $2,500 level, but it maintains support above $2,400. “If Ethereum remains strong at this level, a rally to the $6,000 level is possible,” says analyst Martinez.
On the other hand, ETH sales by large investors attract attention. Still, on-chain metrics show positive signals for ETH. Recently, 300,000 ETH worth approximately $750 million were withdrawn from the exchanges. Martinez states that this move may indicate that investors are developing a long-term strategy.
Polygon (POL) stands out especially with its huge profit potential. “The initial target for POL is $0.89, but in the long term we could see a rise to $8,” Martinez says. Analysts believe that the risk of a 15% decline is limited and point out the potential for an upward movement in POL.
Market Conditions Should Be Followed
While DOGE, ETH and POL point to an increase with technical indicators, investors should watch these cryptos closely. It is important to develop careful strategies amid market uncertainties.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
