DOGE coin soared 15 times! It is approaching the $4 mark, and the crypto market is shocked!

Dogecoin has skyrocketed! It is said that it can soar 15 times and hit the $4 mark!

Recently, Dogecoin has been stagnant, and the price can't even break through $0.25. But there is a cryptocurrency analysis god named Ali Martinez. He looked at the chart and said that Dogecoin may usher in a big explosion, and the increase can reach an astonishing 1500%, directly reaching $4!

He said that since 2014, Dogecoin has been like an uphill road, and the price has been swinging back and forth in a specific range. Now Dogecoin seems to have bounced up from the line below. If it can hold the price of $0.19, it may soar all the way to the high resistance level of $4.

If this is true, the market value of Dogecoin will have to soar to more than $600 billion, and it may even squeeze Ethereum and become the second largest cryptocurrency!

Moreover, Martinez also said that Dogecoin may rise to $3 in the short term. This price is quite similar to the point where Dogecoin rebounded before.

Although Dogecoin has been a bit sluggish recently, and its price is lower than the 50-day moving average, its relative strength index is almost in the oversold zone, and it may be about to reverse.

In addition, there is good news in the regulatory field, such as the US Securities and Exchange Commission approved Grayscale's application, and the New York Stock Exchange is also applying to list the Dogecoin spot ETF, which may make the price of Dogecoin rise.

In general, the long-term prospects of Dogecoin are still quite optimistic, but the market does not seem to be optimistic in the short term. However, if Dogecoin can hold that key price, it may start a big rise, aiming directly at $3 or even $4!

Investors should keep an eye on the support level of $0.2395 and the resistance level of $0.3219, as well as new regulatory trends,

Although the market is a little sluggish now, the bull market is about to start.

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$DOGE