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Price Prediction

The technical analyst expects the price of Dogecoin to rise to $ 0.90

⚈ Clipcoin closes over MA for 50 days for the first time since January 18.
⚈ TRADINGSHOT Analyst expects DOGE goal $ 0.90 conservative using the Fibonacci supplement.
⚈ Pisces and market fluctuation may limit the ability of Dogecoin to maintain a gathering.

Dogoin (Doge) closed above the main support level for the first time in more than 3 months.

At the time of the press on April 23, Dog changed his hands at $ 0.174, after achieving 12.12 % profit on the graph for a week.

Doge PRICE 1 weekly graphic week. Source: Finbold

It is the Mimi currency closed over the 50 -day moving average (MA) on the graph for one day on April 22, which did not happen since January 18. Shortly before that, hit Doug and return to a two -year low area.

Graphic expert is $ 0.9 targeting the price of conservative dogecoin

Every time this bounce and closure occurred over MA, Dogecoin Price entered the upper leg as part of a broader cycle, as noted by the famous graph expert. Tradingshot in April 23 Tradingvief mail.

Moreover, in all these cases, the RSI ROM index (RSI) showed a bullish deviation, which happened again – offered more credibility to the thesis of the technical analyst.

Doug price scheme with technical analysis. source: Tradingshot on Tradingvief

Finally, the graph expert set a $ 0.9 target, equivalent to a re -extension of 1.5 Fibonacci. However, readers should notice that this was targeted for the conservative price – as the previous DOGECOIN price rallies reached 1.786 and 3 FIB levels.

With what is said, there are several playing factors that can obstruct the mutation. Since it is the Mimi currency, Doge is more vulnerable to the markets at the market level than the average cryptocurrency.

In addition, the whales threw more than 570 million dusks in one week recently, after they acquired 80 million within one day – which may indicate that the feelings are not optimistic enough to follow the promising technical signal that he referred to Tradingshot.

Distinctive image from Shutterstock

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