Why $0.28 Is The Next Major Milestone For A Breakout
Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlights that the $0.28 price level is Doge’s next major milestone Highest history (ATH).
Why $0.28 is the next major milestone for Dogecoin to Ath
exist X PostsDima Potts revealed that $0.28 will be Dogecoin’s next major milestone on its way to the new ATH. Analysts say he hopes Doge is heading towards $0.28 rangesimilar to the previous cycle. Therefore, he pointed out that this range is the next major milestone for the most important meme coins.
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Analysts further point out that besides this, volatility increases as Dogecoin’s price consolidates, then heads to a new annual high and eventually reaches its ATH. Meanwhile, Potts noted that the $0.25 price level continues to be the short-term support level that Doge prices should follow, just as it did in the 2017 cycle.
The analyst earlier revealed that similar to the pattern in the 2017 cycle, in which dog proteins are emerging. He hints at the reason for this pattern You can gather at the gate It’s up to $10 in this cycle. Potts said he believes the Meme coin will go to its all-time high and then be higher in the next few weeks, reflecting its 2017 performance.
at the same time, Crypto Analyst Kevin Capital Recently, Dogecoin Price’s efforts to recover the $0.28 are underlined. As he noted, Doge failed to outpace the macro gold bag and the weekly bull market support band, which costs about $0.28. In line with that, he said it is time to watch Bitcoin prices get closer to see if flagship cryptocurrencies can help the most important meme coins witness a bullish reversal.
The Governor entered a boring stage
In X posts, crypto analyst Trader Tardigrade It is pointed out that the price of dogs has entered the “boring stage”. In line with this, he told market participants that expect strict integration at current levels in the weeks leading up to the massive Avenue rally. The chart he accompanied shows that when this rally happens, Doge may be over $1.
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Crypto Analyst Kevin Capital It is pointed out that dog prices are still at risk. He noted that the meme coins need to surpass the macro gold pocket and support the band at $0.30 a weekly closed. Analysts added that only when this happens will market participants feel good about attacking high and beyond.
At the time of writing, Dogecoin price is trading at about $0.25, down in the past 24 hours. data From CoinMarketCap.
Featured images from Adobe Stock, charts from TradingView.com
