Dogecoin (DOGE) enthusiasts and investors are on the edge of their seats as prominent crypto analysts forecast an imminent breakout for the popular meme coin. Pseudonymous analyst Kaleo’s recent remarks on the promising trajectory of the meme coin have ignited a sense of anticipation within the crypto community. 

Kaleo’s assertion that Dogecoin – calling its USD price chart “beautiful” – could soon experience a surge akin to other thriving altcoins in the market has brought renewed attention to the coin’s potential for substantial growth.

USD 가격 차트를 "아름답다"고 부르는 Dogecoin이 곧 시장에서 번창하는 다른 알트코인과 유사한 급등을 경험할 수 있다는 Kaleo의 주장은 코인의 실질적인 성장 잠재력에 대한 새로운 관심을 불러일으켰습니다.

Kaleo’s optimism stems from the encouraging trends witnessed across the altcoin market, indicating a potential squeeze out of the current trading range for Dogecoin.

With a confident outlook on the USD chart, Kaleo emphasizes the possibility of a consolidation phase preceding a significant upward surge for the popular cryptocurrency. This projection has prompted fervent discussions and debates among investors, with many eagerly awaiting the speculated breakthrough.

$DOGE

$DOGE

Honestly though – look at how beautiful the USD chart is.

The way alts are starting to pop off, I find it hard to believe Dogecoin doesn’t see a squeeze out of its current range.

대체 코인이 튀어나오기 시작하는 방식을 보면 Dogecoin이 현재 범위에서 벗어나지 못한다는 것이 믿기지 않습니다.

Long it with me here: https://t.co/32dHnZIFxS pic.twitter.com/cEvgKIQyJt

여기 나와 함께 오래 기다리세요: https://t.co/32dHnZIFxS pic.twitter.com/cEvgKIQyJt

— K A L E O (@CryptoKaleo) November 6, 2023

DOGE Draws Attention

Adding to the mounting anticipation, esteemed crypto analyst Ali Martinez has also voiced support for a bullish sentiment surrounding Dogecoin’s future. Martinez, in a recent tweet on the social media platform X, emphasized the critical juncture that Dogecoin finds itself in, suggesting that the current tight zone holds significant implications for the coin’s impending trajectory.

높아진 기대감에 더해, 존경받는 암호화폐 분석가인 알리 마르티네즈(Ali Martinez)도 도지코인의 미래를 둘러싼 낙관적인 정서에 대한 지지를 표명했습니다. 마르티네즈는 최근 소셜 미디어 플랫폼 X의 트윗에서 Dogecoin이 처해 있는 중요한 시점을 강조하면서 현재의 타이트한 영역이 코인의 임박한 궤적에 중요한 영향을 미치고 있음을 시사했습니다.

#Dogecoin is navigating a tight zone, sandwiched by two crucial supply walls.

#Dogecoin은 두 개의 중요한 공급 벽으로 둘러싸인 좁은 영역을 탐색하고 있습니다.

📉 Support Wall: Spanning $0.072-$0.073, with 200K addresses holding 28.6B $DOGE.

📉 지지 장벽: $0.072-$0.073 규모, 200,000개 주소에 286억 달러 DOGE 보유.

📈 Resistance Wall: Ranging from $0.074-$0.076, where 124K addresses hold 26.95B #DOGE.

📈 저항 벽: $0.074-$0.076 범위이며, 124K 주소에 26.95B #DOGE가 있습니다.

Note that support outstrips… pic.twitter.com/O5FRIJ1SIl

지지율이 더 높다는 점에 유의하세요… pic.twitter.com/O5FRIJ1SIl

— Ali (@ali_charts) November 8, 2023

Highlighting the presence of vital supply walls encompassing DOGE’s current position, Martinez underlines the pivotal roles of a support wall and a resistance wall in shaping the coin’s immediate market behavior.

DOGE의 현재 위치를 포괄하는 중요한 공급 벽의 존재를 강조하면서 Martinez는 코인의 즉각적인 시장 행동을 형성하는 데 있어 지지 벽과 저항 벽의 중추적인 역할을 강조합니다.

As investors closely monitor the developments, the current price of Dogecoin stands at $0.075 according to CoinGecko. Notably, the cryptocurrency has experienced a moderate 1.3% increase in the past 24 hours, further fueling the optimism surrounding its potential breakout.

DOGE market cap currently at $10.7 billion. Chart: TradingView.com

현재 DOGE 시가총액은 107억 달러입니다. 차트: TradingView.com

Over the span of the last seven days, Dogecoin has witnessed a notable rally of 8.4%, indicating a gradual but promising upward trend that has caught the attention of market participants and analysts alike.

Factors Propelling Dogecoin’s Potential Surge

Despite recent market fluctuations and the general uncertainty surrounding the cryptocurrency landscape, Dogecoin has managed to solidify its position as a prominent player in the digital currency market. The upcoming potential breakout for DOGE is underpinned by several key factors that have instilled confidence in the minds of analysts and investors alike.

최근 시장 변동과 암호화폐 환경을 둘러싼 일반적인 불확실성에도 불구하고 Dogecoin은 디지털 통화 시장에서 탁월한 플레이어로서의 입지를 확고히 했습니다. DOGE의 다가오는 잠재적 돌파는 분석가와 투자자 모두의 마음에 자신감을 심어준 몇 가지 주요 요인에 의해 뒷받침됩니다.

The evolving trend of altcoins making significant strides in the market has set a favorable backdrop for Dogecoin’s anticipated surge. As other digital assets continue to garner attention and register substantial gains, the overall market sentiment appears conducive to DOGE’s upward movement.

This growing momentum within the altcoin sector has created an optimistic atmosphere, with analysts anticipating that DOGE will capitalize on this trend to propel its own growth trajectory.

알트코인 부문 내에서 이러한 성장 모멘텀은 낙관적인 분위기를 조성했으며 분석가들은 DOGE가 이러한 추세를 활용하여 자체 성장 궤도를 추진할 것으로 예상하고 있습니다.

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Featured image from Kevin_Y/Pixabay

Kevin_Y/Pixabay의 주요 이미지