🚀DOGE Explosion! Breaking the key level of $0.20, strong bullish signals point directly to $0.26!
Dogecoin's price has strongly broken through the psychological barrier of $0.20, with both the hourly and daily charts releasing bullish signals! A rising triangle has formed in the short term, with the 20, 50, 100, and 200-day moving averages all in a bullish arrangement. The current price is holding steady at $0.203, successfully testing the 0.786 key level of Fibonacci retracement. Eyes are on the resistance at $0.21; once broken, the upward trend will aim directly for $0.23 and even $0.26!
The daily chart is also favorable, with DOGE up 2.78% today, successfully reclaiming the 50-day moving average ($0.2017), forming a strong double bottom pattern. The target price is set at $0.25, with an upside potential of 22.5%. A golden cross is already seen as the 20-day moving average crosses above the 100-day moving average, with the 200-day moving average resistance at $0.2589, becoming an important test in the short term.
Key points: Bitcoin's stability will support DOGE's rise. In the next 7 to 10 trading sessions, Dogecoin is very likely to achieve a 28% increase, challenging new highs of $0.25-$0.26!
Investors should closely watch whether the daily close at $0.21 confirms the breakout, seizing this bull opportunity for potential explosive growth; the DOGE bull market may have arrived!
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