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Dogecoin Eyes $ 1 TARGET, where the analyst determines the preparation of Rally July after the support

  • Analyst Chris bounces Dogecoin from the multi-year support line targeting $ 1-1.40
  • Technical analysis shows the completion of a low low pattern with the capabilities of July Rally
  • Many analysts, including Galaxy Research, and Javon Marks, predict the penetration of one dollar

Dogecoin attracted a renewed interest in itself after recovering from the multi -year support line, as analyst Chris showed a potential gathering to one or higher dollar in July. A 17 % increase in Meme Coin has increased from its lowest weekly levels at 0.142 dollars, and the main technical levels of the main levels that can provide the basis for a major escalating step targeting one dollar threshold have been checked psychologically.

Wizz analyst Chris analyzed in a tweet on Tuesday after Dogecoin recovered alongside the wider encrypted currency market. The projection comes after DOGE has completed what appears to be a corrective stage, a liar of the support that was held since October 2023 when the encrypted currency created the current emerging canal style.

Trendline offers multi -year support for Rally Foundation

Chris’s weekly time frame analysis reveals that the last Dogecoin correction by 13 % made prices to a decisive demand area previously caused large marches. The support line in the first direction gained importance in October 2023 when Duj found the purchase of interest at similar levels, and the start of a price recovery that created the highest higher height and a much higher style.

The analyst describes a decrease last week to $ 0.142 as part of the low Dogecoin formation instead of the collapse of the canal canal. This interpretation indicates that the correction that served to test the support force before the resumption of the upper movement, which creates conditions for renewed momentum towards the goals of the channel.

Dogecoin can allow the continuous Dogecoin to be able to target the softening tip, upward, and possibly up to $ 1.40. This level will represent a march of 743 % of its lowest level and create the highest new level ever for Meme, which finally penetrates the long -awaited evaluation teacher.

Driving timing for the month of July is in line with historical patterns, as Dogecoin generates large movements during the summer months. Chris emphasizes the importance of achieving profits when Dog reaches targeted levels, indicating that the assembly may be large but is likely to be subject to reflection once the goals are achieved.

The target got $ 1 on widespread support between cryptocurrencies and lovers. Galaxy Research, a prominent asset management company, expected Dogecoin to reach $ 1 before the end of 2025, which gives institutional credibility to the projection.

Javon Marks has set similar artistic patterns that support the step exceeding $ 1, specifically to target $ 1.25 based on the upcoming upscale formations. His analysis emphasizes the patterns of plans indicating a higher rise in the Dogecoin sequence that can penetrate the dollar.

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