Crypto Analyst Publishes Daring 2-Day Prediction For Dogecoin Price To Put It At New ATH
Cryptocurrency analyst Master Kenobi makes a bold two-day prediction on Dogecoin price, saying it will hit new levels All Time High (ATH) over the next two days. The analyst highlighted Dogecoin’s Relative Strength Index (RSI), which he believes is currently very bullish on Dogecoin.
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Dogecoin price will reach ATH in two days
In X post, Master Kenobi It is predicted that Dogecoin price may reach a new ATH within two days. The analyst said that Dogecoin’s 4-hour RSI chart appears to confirm his fractal setup. Based on this, he stated that the increase could reach $0.85 by November 25, which would mark the new ATH of the most important meme coin.
Master Kenobi added that some might even discover potential bullish divergence Within the RSI chart. This pattern also presents a bullish outlook for Dogecoin price, suggesting that the meme coin will witness a bullish reversal. This bullish reversal has occurred as DOGE managed to break above $0.4.
It is worth mentioning that cryptocurrency analysts Businessman tardigrade highlighted There is a bullish divergence present on the 4-hour RSI chart. Analysts pointed out that this signal indicates that the price trend of Dogecoin continues to rise. The chart he attached shows that DOGE’s next leg up could hit $0.7. This would bring the meme coin closer to an ATH of $0.73.
Meanwhile, even if Dogecoin price does not reach a new high before November 25, another analysis by Master Kebobi suggests that it may reach a new high before December 2. The analyst has previously highlighted 91 day sequenceHe stated that Dogecoin is nearing completion and suggested that the price will rise to $1 by December 2.
The next resistance level to watch out for
As Dogecoin price successfully breaks through $0.4, Cryptocurrency Analyst Kevin Capital Provides insight into the next resistance level to watch. In X post, he noted that Dogecoin is breaking above the 0.786 Fib macro level. He added that the next level of resistance is $0.54, followed by the meme coin’s current ATH of $0.73.
cryptocurrency analyst Javon Marks It was also confirmed that Dogecoin price is about to rebound to its current ATH. He said in the He added that a 52.2% price increase to $0.6533 could happen soon, and once it happens, the price will rise to $1.25.
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As of this writing, Dogecoin price is reportedly around $0.46, up more than 16% in the past 24 hours data From CoinMarketCap.
Featured image from Reddit, chart from TradingView
