Dogecoin Price Eyes 58% Move Upward If This Major Level Is Broken
Main Idea
A crypto analyst predicts Dogecoin could surge by 58% to $0.26 if it breaks a key resistance level, based on recent price movements and support levels.
Key Points
1. Dogecoin bounced off a critical support level near $0.14-$0.15, now trading around $0.165.
2. Analyst Dariusz Kowalczyk forecasts a potential 58% rise to $0.26 if Dogecoin breaks the $0.17 resistance.
3. The $0.26 target aligns with Dogecoin's peak levels in May, where it faced heavy resistance.
4. Another analyst, Bitguru, notes Dogecoin's local low at $0.143 and identifies $0.163 as a key area for potential upward movement.
5. Dogecoin's price action suggests a bullish setup, with $0.172 as the next immediate target if momentum continues.
Description
The Dogecoin price is once again in the spotlight, stirring up bullish excitement as a crypto analyst predicts a potential 58% upside move in the near term. After bouncing off key support zones, the analyst forecasts that a successful breakout above critical resistance levels could propel the altcoin to a new price high. Dogecoin Price Roadmap To Explosive 58% Rally X (formerly Twitter) Crypto analyst, Dariusz Kowalczyk, reports that Dogecoin is now showing signs of a potential breakout, followi...
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