๐ $DOGE COIN WEEKLY OUTLOOK โ CAN DOGE HIT $0.24? ๐
As the meme-king of crypto barks louder, Dogecoin (DOGE) is catching investor attention once again.
๐ Current Market Snapshot
๐น Price: $0.21386
๐น Market Cap: $31.92 Billion
๐น Circulating Supply: 150.13 Billion DOGE
๐น All-Time High: $0.73756 (May 2021)
DOGE is currently trading well above key support levels and forming higher lows, signaling bullish momentum. It's holding firmly above the $0.21 zone โ a critical level for short-term traders.
๐ฎ 1-Week Forecast: Bullish Momentum Building
Analyst forecasts point toward an upward trend this week:
๐ CoinLore: Targets $0.2242 within 7 days
๐ Traders Union: Predicts a rally to $0.2401
๐ CoinDCX: Suggests DOGE could reach $0.235 if volume holds
๐ Key Technical Signals
โ Price above EMA50 and EMA100 โ trend remains bullish
โ MACD crossover is in positive territory
โ ๏ธ RSI near 70 โ slight overbought zone, so short-term pullbacks are possible
The breakout above $0.21 may act as a launchpad, with immediate resistance expected at $0.225 and major resistance near $0.24
๐งญ Trading Plan for the Week
Bullish Swing $0.213โ$0.218 $0.235โ$0.240 Below $0.205
A dip to $0.21โ$0.205 could be a re-entry opportunity.
๐ Why DOGE Deserves a Look Now
๐น High Liquidity & Community Support
๐น Solid social sentiment after long consolidation
๐น Potential hype catalysts (Elon tweets, market rallies, etc.)
๐น Lower entry point vs ATH, offering upside potential
โ๏ธ Final Thought
DOGE mightโve started as a joke, but its momentum this week is very real.
