Encryption The merchant is slow -growing The probability of the high price of Dogecoin raised to $ 20 in this upward trend. The price expectation of a value of $ 20 appeared in the photo, as the coded currency analyst revealed what will happen if DOGE repeated previous sessions.
Dogecoin will rise to $ 20 if this happens
in X ShareTardigrade’s trader expects that the price of Dogecoin may rise to $ 20 if he repeated his historical performance. He pointed out that Dogecoin witnessed Taurus marches After exceeding the previous candle body in 20217 and 2021, with gains of 3000% and 8,000%, respectively.
In line with this, expected the price of the DOGEOCOIN to rise to a high level of up to $ 20.68 if you follow a similar pattern. It is interesting, The merchant is slow -growing Previously expect that DOGE can rise to a level of up to $ 8 if it reflects the ups in the 2017 upward trend and rises to a level of up to $ 30 if it reflects the upper trend of 2021.
Meanwhile, cryptocurrency analyst also suggested that the most important Mimi currency could soon start the next stage of its rise. In another X publication, he mentioned that the price of Dogecoin had penetrated a close triangle Moving average convergence and divergence (MACD) A bullish intersection appears. He added that Doge may start an upward rise from here.
Encryption Ali Martinez It also alluded to a bullish reflection of the Dogecoin price. In X Publishing, he mentioned that TD Sequential made a purchase signal on the DOGE clock chart. This indicates that the first mimic currency can be well prepared to record another movement in the upward direction.
DOGE expectations are far from landing
In the X Publishing, Crusher Currency Analyst Kevin Capital It has been shown why the price of Dogecoin is out of the declining. He stated that Doge is still witnessing a rapid expansion of the two moving averages 50 and 200 after the weekly gold intersection occurred. He added that the MIM coin is higher than the total golden pocket at $ 0.26 and fights macro 0.786.
In line with this, he pointed out that there is no reason for the market participants to pessimize about the price of Dogecoin. However, Meanwhile, male He did not focus much on Doge or other alternative currencies because the price of Bitcoin will determine the next step in the market. The cryptocurrency analyst confirmed that nothing has changed regarding this Taurus race for DogeHe explained that the cycle’s tops do not occur when everyone is landline.
Encryption Javon Marx It also recently provided a bullish case for the price of Dogecoin, expected that it may witness an increase of at least 5 times its current level.
At the time of writing this report, the price of Dogecoin is traded at about $ 0.35, a decrease of more than 3% during the past 24 hours, according to Data From Queen Market Cap.
Distinctive image from UNSPLASH, scheme from TradingView.com