Crypto Analyst Investing Scope predicted that the Dotecoin price is set to the highly expected level of $ 1. The analyst also suggested that there is now a good time to collect the leading meme coin as a unique purchase-obstity returns.
Dogecoin Coin Eyes Rallye on 1 US dollar returns as a chance of buying
The Dotecoin Prize observes a rally on 1 US dollar as a return on purchase. In A TradingView contributionInvesting scope mentioned this goal of 1 US 1,618 Fibonacci extension on the higher high trend line. His associated table showed that the projected rally for Doge is already involved and that a deeper correction is unlikely.
Comment on the current Dotecoin price campaignThe analyst explained that Doge is neutral in his technical technical prospects. He added that the leading meme coin recovered from its previous over-sale and tests the 1-week MA50 for the first time in three weeks.
This current back rash is said to have touched the 1-week MA200, which the analyst claimed after the touch of Dotecoin Prize long -term soilSimilar to August 5, 2024 and October 9, 2023.
Crypto -analyst Master Kenobi Recently, recently predicted that the price for Dogecoin could reach $ 1 in June of this year. The analyst revealed that Doge reflects a bullish pattern from the Bull Run 2017, which is why he believes that the most important memen coin could achieve this price. This predicted rally on 1 US dollar will represent the second phase of Doonecoin’s bull run, as well as there were two same pumps in the 2017 market cycle.
Key steps that should pay attention to mastiff
In an X -Post, Crypto Analyst Ali Martinez Unproved the most important levels that should pay attention to the price for dotecoin. It highlighted $ 0.177 and 0.207 USD as a major level of support and resistance for the most important MEME coin. He added that these levels are of crucial importance for determining the next price movement.
In an earlier contribution, Martinez said that the super trend indicator indicates that the price for Dogecoin could enter a bullish phase after breaking the resistance level of $ 0.21. The market participants rely on a bullish reversal for Doge when Martinez revealed that 76.65% of Binance Futures dealer Are long on the Meme coin.
The Crypto -Analyst Trader Tardrrade also predicts massive steps for the Dotecoin price. In a post, he explained that the Makro diagram of the Meme Coin follows the Doge cycle. His associated table showed that the leading Meme coin could gather up to 8 US dollars in this market cycle.
At the time of writing, the price of Dogecoin is around 0.18 USD, which has dropped by over 6% in the last 24 hours Data From coinmarketcap.
Selected picture of Adobe Stock, diagram of tradingview.com
Editorial process Because Bitcoinist focuses on delivering thoroughly researched, accurate and impartial content. We comply with strict procurement standards and each page is diligently checked by our team of top technology experts and experienced editors. This process ensures the integrity, relevance and the value of our content for our readers.