#Doge
Trade now ๐ค๐ค๐๐๐๐โคโคโค
๐๐ญ๐ฅ๐๐ง๐ฉ ๐๐ค๐ง๐๐๐๐จ๐ฉ๐จ 60% ๐ฟ๐ค๐๐๐๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐๐ก๐ก๐ฎ ๐๐จ ๐ฟ๐๐๐ก๐ฎ ๐ผ๐๐ฉ๐๐ซ๐ ๐ผ๐๐๐ง๐๐จ๐จ๐๐จ ๐๐๐ฉ 1-๐๐ค๐ฃ๐ฉ๐ ๐๐๐๐
Dogecoin (DOGE) trades at $0.17 today, June 20, with a slight 1% gain and $665 million in daily trading volumes. A top analyst believes that despite the recent choppy moves, Dogecoin price may be on the verge of a 60% breakout move to either the upside or downside as it forms a symmetrical triangle pattern. The analystโs forecast comes amid a 110% surge in Dogecoinโs daily active addresses.
According to Martinez, Dogecoin price may record a 60% rally if it breaks out of a symmetrical triangle pattern. The analysis depicts the formation of a narrowing triangle pattern that is close to a breakout point, as the consolidation range narrows due to both buyer and seller hesitation.
Martinez opined that if Dogecoin were to break out from the upper trendline of this triangle, which lies at $0.22, it would record a 60% gain to $0.35. Getting to this price will mark the highest level for this leading meme coin since January.If DOGE makes a downward breakout below the lower trendline support of $0.16, it may crash by 60% to $0.064.