Recently, the trend of Dogecoin has been quite vigorous! From the chart, it has just broken through the legendary 'cup and handle pattern' ☕️📈. The technical analysts know what this represents - the target price is aimed directly at $0.3299, and there’s even a chance it could surge to $0.4274! 🚀🚀
The indicators are also promising, with the Bollinger Bands wide open, indicating a major spike in volatility 💥, and the RSI soaring to 85.06, the market is almost shouting 'buy crazily'!
BUT⚠️, don’t be too eager to go ALL IN just yet. This week, $442 million worth of Dogecoin is set to be unlocked in the market, which might bring some short-term 'selling pressure', just like a big sale at a mall, when there are too many coins, the price might flash down 📉.
Keep a close eye on the 'bottom line' of $0.20; if it falls below that, things could get a bit worrisome... However, as long as it holds, who knows, the next stop could be the moon 🌕✨!
