Cryptocurrency

Dogecoin Price completes altitude highs every week, with the next stop above $0.2?

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Crypto analyst Rekt Capital has provided insights on current Dogecoin price action. According to his analysis, meme coins can gather to highs in the $0.2 range, but need to be maintained to achieve.

When it closes above the pre-installed high

exist X PostsRekt Capital revealed that Dogecoin’s price has been approaching weekly at pre-installed highs. He added that the meme coin is now on the cusp of restoring its old resistance to new support and has shown signs of that on the daily chart. Then, analysts pointed out that if Doge is held on it, Doge could rise to $0.27 $0.20 Resistor.

In subsequent analysis, Rekt Capital mentioned again that if Dogecoin’s price holds its old resistance as support, it could rise to $0.27. He also noted that Doge is now executing a re-enactment of pre-arranged resistance to gain new support. Crypto analyst Ali Martinez The current price action was also commented on, pointing out that the meme coins have reached a critical resistance area.

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Source: Rekt Capital on X

Based on this, Dogecoin prices may witness major corrections. However, crypto analyst Kenobi Master suggests meme coins can maintain this bullish momentum and gather into new highs. He said in his X post that he hopes Doge experiences a huge pump over the next five to six days and has the potential to reach new all-time highs (ATH) by this weekend.

In earlier posts, Master Kenobi predicted Dogecoin price may reach $1 By June. He made this prediction when suggesting the Bulls run in 2017 and how long did Duger’s pump last during the second phase of the Bulls run.

After the breakthrough is higher than the resistance level, the total gate should reach $0.37

In X posts, Crypto Analyst Trader Tardigrade It indicates that Dogecoin price may rise to $0.37 after bursting from current resistance levels. He revealed that a new bull flag has been established on Doge’s 4-hour chart, with the goal of this model at $0.37.

In another X post, he asserted that the price of dogs is still optimistic. He highlighted a “beautiful” head and shoulder pattern breakthrough, retesting and trend continuation. The chart he accompanied shows that the meme coin will witness a rise of more than $0.24.

Meanwhile, he responded to Master Kenobi’s predictions and hints at Dogecoin Price’s journey to $1. This is what he reveals once a week MACD bullish cross-border The meme coins just happened.

At the time of writing, Dogecoin price is trading at about $0.22, down more than 7% in the past 24 hours. data From CoinMarketCap.

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Doge on 1D chart trading price is $0.22 | Source: dogeusdt on tradingview.com

Featured Images from Getty Images, TradingView.com Charts

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