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Dogecoin Price Prediction: Bulls Poised for Upward Climb

Release: 2024/02/15 18:07 Reading: 323

Original author:Coingabbar

Original source:https://coinmarketcap.com/community/articles/65cdd84988d38968d1b93ae8

Dogecoin Price Prediction: Bulls Poised for Upward Climb

  • Dogecoin is currently showing upward momentum above the $0.085 level against the US Dollar.

  • Potential for a new rally emerges if DOGE surpasses resistance at $0.088 and $0.095.

  • Recent sessions have witnessed Dogecoin's price gaining ground from the support zone around $0.080.

  • DOGE successfully overcame multiple obstacles around $0.0830, indicating a shift into a positive trajectory.

  • On the daily chart, Dogecoin has broken out of the Symmetrical Triangle pattern.

  • Following yesterday's surge, the meme coin has effectively traded above the 100-day MA.

  • Dogecoin's breakout above $0.085, matching the 38.2% Fibonacci level, could lead to levels between $0.09100 and $0.10200.

  • According to Coingabbar Price Analysis, Dogecoin Price Prediction 2030 will be around $1.00.

KEY LEVELS :

RESISTANCE LEVEL : $0.09100-$0.10200

SUPPORT LEVEL : $0.08000-$0.07400

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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