- A cryptocurrency analyst predicted that DOGE could soon look to target $0.0944.
- DOGE’s increase in long positions and social volume have been on the increase according to Santiment data.
- At press time, DOGE was trading at $0.07918 after its price slipped by over 3% throughout the past day.
Cryptocurrency analyst Johnny, shared in an X post yesterday that he believes the price of Dogecoin (DOGE) is ready to make a move up soon. According to the post, the meme coin was retesting the $0.07967 support, but if bulls can step in, the analyst believes the token could target $0.0944 very soon.
$DOGE time soon imo – nice retest here on support
— Johnny (@CryptoGodJohn) November 18, 2023
Think we start pushing higher towards $.0944 next few days pic.twitter.com/h6W0o5Q8AW
The token retesting its immediate support is one of many factors that could propel its price higher. Another catalyst that could provide DOGE with a bit more bullish momentum involves Astrobotic’s announcement of their intention to send a physical DOGE token to the moon in December.
The market intelligence platform Santiment als…
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