Dogecoin’s last upward trend A short setback on Thursday witnessed its price to less than $ 0.17. However, the mem -header currency has regained its feet and was frequently recovered from $ 0.18 within hours, reflecting its strong flexibility. With a prominent bullish momentum showing, many enthusiasts still indicate the extension of the continuous assembly to high price levels.
Dog is preparing for a greater gathering
At the time of writing this report, the price of Dog rose to a mark of $ 0.18 with a strong rebound. Memecrypto, encryption analyst and merchants, Claims Dogecoin seems to start something larger than the current $ 0.18 level.
According to the expert, DokwinIts momentum is not random and structure naturally, indicating the outbreak of monotheism. This penetration is observed through the lens of momentum and the emo -moving averages (EMAS).
Meanwhile, the following key resistance is located at $ 0.24, and payment to the area can be the beginning of a larger direction at the current pace. while Feelings are still cautiousMemecrypto indicated that the markets are not waiting for taklomia, and that the next motivation may turn into FOMO chase.
A 600 % price explosion for playing for Dogecoin
After a long period of Landing workDogecoin returned to the spotlight due to the renewable prices. While the famous MIM coin flashing bullish signals, Trader Tardigrade, an expert in the market and an investor specific An incoming increase, indicating the continuation of the assembly to higher levels.
Specifically, the expert predicted the collection of prices by 600 % in the short term, which will push the Mimi currency to the highest new level ever in the continuous cycle. This expected increase in a pivotal moment can be placed in the narration of the developed Dog Market, driven by a mixture of Technical hormoneIncrease the volume of trade, and to revive the consumer’s attention.
The bold Trader Tardigrade expectations are based on the previous upsurgers caused by the backward support line. Looking at the graph in the time frame for 3 days, the upward support line has been revealed for several months, from October 2023 to the present day.
The first time that Duji reached the rising support line in October 2023, Mimi currency It saw an increase of more than 200 % in the following months. During the second case in 2024, the price of Dog increased by more than 400 % to its new annual highest levels after reaching the upward trend line.
Meanwhile, it managed to develop similar in the recent measures of prices from Dogecoin. Since every time it led to greater returns, Trader Tardigrade has been confident that a strong increase of +600 % on the horizon. As observed in the graph, this imminent +600 % gathering will reach the price of Dog to a level of $ 0.93, which represents the highest new level ever.
With the main support of constipation in the ups of the bullish waves, this means that Duj is building a momentum for the cliff of the upward trend Bulls enter to defend the gathering. Trader tardigrade High Dogecoin has returned to the demand block area, which would provide good support for the meme. If the area is strong against downside, the price of Dog may refresh towards the main resistance levels.
Distinctive photo of Shutterstock, Chart from TradingView.com
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