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Episode Summary

Today On Crypto Daily:

• Dogecoin breaks out!
• Ethereum has plenty of room to rally
• Coins that saw 50% gains in the past week

 

#BTC, #ETH, #DOGE, #LRC, #CRO

Questions? Ask at [email protected] and we will answer!

Hosts:

Joe Dewitt Follow at: https://twitter.com/metabitz

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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

Unedited Transcript:

Hey, everybody hope you had a wonderful weekend. My name is Joe Dewitt, and this has been Zynga's crypto daily. Taking a look over at Bitcoin guys.

This was an absolutely amazing weekend. We were up 6% today for Bitcoin price, decided to rally and break out of that consolidated. Heading back towards that 65,000. There's currently a good one. A volume coming in momentum is upwards trending. We're moving away from that 50 day. Moving average. This is looking like a prime breakout for Bitcoin.

If we can get above this previous, all time high of just about 66,800. That would be a very bullish sign for Bitcoin. Moving over to a theory of Ethereum also looks absolutely fantastic. Ethereum is up two and a half percent today, although its daily chart is looking amazing. It has been, uptrending a sense to beginning of October.

We're moving away from that 50 day, moving average, establishing new all time highs every day. There is a lot of breakout room for a theory I'm here. Um, considering that they have not yet rolled out theorem 2.0, there is still plenty of room for growth. We can expect a little bit of sideways movement in the upwards direction as we start heading towards that unveil.

But with the release of 2.0 and the implement of staking on the Ethereum network, that should absolutely drive up price. Now, moving over to a dose coin, doge coin is also starting to break out of its downwards consolidation. We have a nice green volume node today. Getting some volume coming in, people were deciding to buy at those point up 6% today.

Headed towards that 30 cent price target. If dos coin can break above this 50 day moving average. 28.50 cents within the next few days here, that would be a very nice sign for dose coin and price would most likely continue heading up towards that 35 47 zone price continues to break down and we'll be falling towards that 50 day.

Moving average, putting price somewhere over at the 22 cent area. And today, guys, I'm going to talk about a few coins that had over 50% gains last week. The first crypto being Lupron, ticker LRC. Which is designed for building decentralized cryptocurrency exchanges rose 127% last week. The second coin being crypto.com coin ticker, C R O, which is the native token for crypto.com, which is a decentralized open-source blockchain, crypto.com coin.

It rose 79%. Over the last week. They also reached an all-time high at 40 cents. Last. And the last one I want to talk about today would be helium, ticker, H N T, which is another decentralized blockchain based network, which rose 57% in the last week. This Helion growth was due to a partnership announcement with 5g.

They're going to build 5g networks with additional work corporation, which is super cool partnership for them. So keep an eye out for that integration. Is that. Lead to more upwards momentum. That's all the time we have for today. Guys. Thank you so much for tuning in, make sure to follow and subscribe to our podcast.

And you can follow me on Twitter.

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