$DOGE CAN REACH 0.5$ SOON 🚨🚨
Analysts are Bullish on $DOGE price breakout attempt.
Dogecoin (DOGE) experienced a significant 11% price surge over the weekend, driven by the overall market performance and fueled by bullish predictions from crypto analysts. The price increase led DOGE to retest key resistance levels, with some analysts predicting a potential breakout.
Crypto analysts, including Daan Crypto Trades and Crypto Poseidon, shared positive sentiments, citing technical indicators such as the daily 200 MA/EMA and the ema50-200 squeeze. They predict a potential price increase to $0.22 or even $0.30.
Renowned analyst Ali Martinez noted that DOGE is following a historical pattern, which could lead to a 140%-230% rally followed by a 60% retrace.
Elon Musk's recent comments on cryptocurrencies and DOGE sparked a mixed reaction from the community. While some saw it as a negative sign, others believed it was a necessary clarification and a bullish sign for $DOGE
As of now, DOGE is trading between $0.129 and $0.130, representing a 7.6% and 5.3% price increase in the biweekly and monthly timeframes.
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