Price: $0.38574 -8.5195%
Market Cap: 56.62B 1.9381%
Volume (24h): 18.84B 0.4%
Dominance: 1.9381%
Price: $0.38574 -8.5195%
Market Cap: 56.62B 1.9381%
Volume (24h): 18.84B 0.4%
Dominance: 1.9381% 1.9381%
  • Price: $0.38574 -8.5195%
  • Market Cap: 56.62B 1.9381%
  • Volume (24h): 18.84B 0.4%
  • Dominance: 1.9381% 1.9381%
  • Price: $0.38574 -8.5195%
Home > Information news > Dogecoin Bull Flag Signals 45% Rally Potential To $0.56

Dogecoin Bull Flag Signals 45% Rally Potential To $0.56

Release: 2024/11/13 21:38 Reading: 510

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/6734a43b70e296674ab0864e

Dogecoin Bull Flag Signals 45% Rally Potential To $0.56

Dogecoin Poised for a Potential 45% Surge

Dogecoin (DOGE) is showing signs of a potential rally with an upside of 45%. Analyst Ali Martinez identified a bullish flag pattern in DOGE's trading chart on Wednesday.

Bull Flag Pattern

The bull flag pattern on the chart suggests that DOGE has established support at around $0.35. If this level holds, DOGE could rise to as high as $0.56.

Support and Resistance

The $0.35 support level has been a key barrier for DOGE during recent price drops. If DOGE can maintain above this level, it could trigger an upward movement to $0.56.

Current Market Position

At press time, DOGE is trading at $0.3777, down 2.75% over the past day.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice.

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