The bullish indicators are in line with the Dogoin Rally – here is how the high price of Dog can go

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Yesterday, the news broke out that there will be weekly matches that include Elon Musk and Vivek Ramaswamy, where they discuss recent developments in the Ministry of Energy (DOGE). Of course, almost immediately, the symbols were created on both Ethereum and Solana Ecosystem with the same name. We will mostly focus on one on ethereum because in this ecosystem, there are more politfi traders who can raise the price. Is Dogecast the next large Mimi currency? The maximum current market for Dogecast on this network is about $ 7 million, and this may rise much higher, especially when Elon begins to tweet on this topic. He has already confirmed two days ago that there will be weekly updates about Dog. However, it still needs to use the actual word "Dogecast" This can go bananas. https://twitter.com/dogeCastte/status/185768509416667413 will also depend on the extent of ELON's frequency this topic and when the podcast is already launched. According to reports, it started "almost," Once the official date is announced, it can benefit from the price as merchants will have a specific date to focus on it. This type of concrete schedule often creates anticipation in the market. Of course, note that this is a new Mimi currency that only depends on a narration that can be hot in the coming days but also depends on CTO and their team. If they decide to withdraw the carpet, it can go easily to 0. However, if they do not do it and the narration remains hot, we will search for the market ceiling of $ 50 million or even $ 100+. It should still be seen in any case.

Dogecoin decreased by more than 60 % of the highest level in December. But many of the main indicators indicate that Doge may be ready to start interference again.

When everyone nominates encryption for exits, this is often the best time to find how to buy. According to the Crypto Ali analyst, this is exactly what is happening with DOGECOIN now.

Ali indicated In X that the invested feelings about Dogecoin are the most negative for more than a year. But this is the thing that revolves around the encryption markets – the intense fear was historically the land of reproduction of the main price repercussions.

The DOGE code has repeatedly showed that when most traders feel panic, smart money begins to determine to return. Current feelings can indicate a contradictory opportunity.

Technical indicators flash signal signal signal

Technical analysis He appears TD sequence index A purchase signal on the daily chart of Dogecoin. The index has just completed a sequence of nine factors (characterized by “9” in red on the graph), which usually indicates that the declining direction is running out of steam.

Looking at Dogecoin/USDT, the March 11 candle says especially. After a series of heavy sales days, buyers finally enter. The lower wick on this candle shows that the sellers tried to raise prices further, but the buyers have resisted hard – a sign that Dog had found on his land.

For a specific outbreak, DOGE needs to penetrate the resistance level of $ 0.163. If you can jump over it, we can see the momentum quickly accelerating as more buyers acquire confidence in the recovery of Dogecoin.

A long -term goal possible of $ 5

While short -term bounces are nice. The historical style indicates that Dog can see a height of $ 5

Cryptoelltes Determine a frequent formation in DOGE price movements – bullish upward triangles or Roby patterns that preceded large marches in the past. These patterns show periods where the price is pronounced like spring before it explodes up.

The current graph indicates that Dogecoin is a winding in one of these configurations. Based on the previous collapse, Cryptoeltes suggested a long -term goal of $ 5 for Mimi.

Are 5 realistic dollars? It will definitely require a huge leap of current levels and will decrease Capecoin Market Cap To higher numbers. Getting there means exceeding the highest level ever of about $ 0.73, which is not easy.

Also read: Will the BitTensor (TAO) price be broken from its downward direction for 3 months? Analysts predict an increase of 60 %!

However, Dogecoin has never played traditional rules. Price movements were greatly affected by the enthusiasm of society, celebrity approvals, and their unique location as the original Mimi currency. What seems impossible in traditional markets often proves that it can be achieved in Doug.

Currently, Dogecoin holders can relax in close signals, indicating that the worst may have ended. It creates intense negative emotions along with promising background technical indicators where surprises tend to the upper direction instead of the negative side.

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