Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst
Amid the recent momentum displayed by the meme-inspired cryptocurrency Dogecoin (DOGE), Rekt Capital, a crypto trader and analyst, has identified a new trend that could propel DOGE’s price to the $0.3 price mark in the short term.
Dogecoin (DOGE) Inititate New Macro Uptrend Over the past few weeks, Dogecoin has been performing fairly well, triggering optimism and expectations for more price growth.
Due to this, the top meme currency in the world in terms of overall market valuation has always generated discussion within the sector.
Related Reading: Dogecoin Jumps 37% – How High Can DOGE Go This April? DOGE’s recent spike in price resulted in the conclusion of its Macro Downtrend, according to Rekt Capital.
However, the breakout has triggered DOGE into a new Macro Uptrend on the upside.
Additionally, DOGE Monthly would recapture historical support if it closed above the red $0.20 price level.
As a result, it would provide more momentum for a move towards the $0.30 range and even further.
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