If this level breaks, Dogecoin Price sets classic relocation to $0.50, crypto analysts say
Crypto analyst Marco Polo offers bullish outlook for Dogecoin prices, predicting a looming rally for new local high schools. Analysts mention technical indicators supported This is a breakthrough in the door.
Dogecoin price setting classic move
exist X PostsMarco Polo said Dogecoin’s price is preparing for a classic move, which could lead to a $0.5 increase. He revealed that the meme coins have been from Dropped wedgealthough retesting is coming in. The structure remains intact and the trend line has been held for more than a year, analysts added.
Marco Polo also said the chart looks clean, with a higher low since June 2023. at the same time, Dogecoin price There is a clear diagonal breakthrough. Analysts confirmed that if Doge retracts the $0.25 range, the difference with the next distance of $0.50 is “large open.” He noted that no matter it is meme season, domycin is always running.
Crypto Analyst Kenobi Master He also revealed his bullishness on dog prices, noting that he believes it is “unwise” to bearish on Doge at this time. The chart he accompanied shows that if it touches the upper trendline of the upward channel, the most important meme coin could be as high as $14.
Master Kenobi also hopes that Dogecoin’s price will rise to new highs in the near term. In another post, he shared a chart that suggests that Doge may soon see a parabolic surge from November 2024, when Meme Coin remitted to its current local highs below $0.50. Analysts expect the meme coin to move into the upside space again to reach at least $0.45.
Other bullish indicators
In X posts, Crypto Analyst Trader Tardigrade It is pointed out that a channel breakthrough has occurred, which is consistent with Dogecoin price action before the peak. The charts he accompanied show that at this looming rally, Doge’s goal is a highly anticipated price level.
In another analysis, crypto analysts mentioned Doge’s 2-month Bollinger bandwidth (BBW), he claims it’s interesting. Based on this, he confirmed that the big move was at the price of the Governor. The chart he accompanied shows that by 2026, the most important meme coins could be as high as $30.
In another post, he once again hints at a horsepower rally in double digits, noting that Dogecoin’s price is ready for the next pump, and suggests that the meme coin may rise to $46 this time.
At the time of writing, Dogecoin price is trading at about $0.21, down in the past 24 hours. data From CoinMarketCap.
Featured Images from Getty Images, TradingView.com Charts
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