Is Dogecoin about to take off? Analyst: Once it stands above $0.20, it will head straight for the historical high of $0.74!
Amid the ever-changing landscape of the crypto market, a 'veteran influencer' Dogecoin ($DOGE) has caught the attention of analysts again.
Recently, well-known crypto analyst Ali Martinez released a significant viewpoint: as long as DOGE closes above $0.20 this month, it could surge back to its historical high of $0.74!
So the question is — does this 'dog' really have a chance? Let's keep looking down 👇
📊 Is DOGE struggling at a critical technical level?
Martinez shared an important pattern in Dogecoin's monthly chart: an ascending channel. Simply put, the price has been oscillating within an upward-sloping 'channel' for the past few years, with the upper line as resistance and the lower line as support.
Recently, well-known crypto analyst Ali Martinez released a significant viewpoint: as long as DOGE closes above $0.20 this month, it could surge back to its historical high of $0.74!
So the question is — does this 'dog' really have a chance? Let's keep looking down 👇
📊 Is DOGE struggling at a critical technical level?
Martinez shared an important pattern in Dogecoin's monthly chart: an ascending channel. Simply put, the price has been oscillating within an upward-sloping 'channel' for the past few years, with the upper line as resistance and the lower line as support.
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DOGE
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