Analysts Predict Key Levels for Dogecoin

Analysts Predict Key Levels for Dogecoin

Dogecoin (DOGE), the largest altcoin by market capitalization, has successfully tested its support. This was expected after the recent significant losses in Bitcoin's price. We recently discussed the possibility of a new attempt at $0.093.

Dogecoin Analyst Comments

• Crypto Tony: "The level to wait for a cautious entry with solid footing is $0.11." If selling continues, it could decline further to $0.074 and $0.056. The rally would accelerate at $0.14, potentially targeting peaks of $0.22 to $0.3.
• TraderSZ: DOGE is holding above critical support. Profit areas for long positions include the range of $0.114 to $0.130. In a potential rise, traders can secure short-term gains by selling at resistance. If the range of $0.146 to $0.179 is surpassed with volume, it could lead to attempts up to $0.22.

Key Levels for DOGE

Analysts' assumptions are based on historical price movements. However, there is no guarantee that the price will follow these levels precisely.