Can Dogecoin Skyrocket? Forecast for the Next 2 Weeks
Summary:
Dogecoin is forming a double bottom pattern (W shape), which usually
indicates a reversal upward. If it breaks the resistance at $0.25, it could target between $0.26
and $0.30, appreciating up to 35%.
Positive signs:
- Golden Cross on the daily chart indicates buying strength.
- Moving averages pointing to an upward trend.
Risks:
- If it loses strength, it could retreat to support at $0.18.
Forecast for the next 2 weeks:
- Likely range: $0.26 – $0.30.
- Main resistance: $0.25.
- Support: $0.18.
Conclusion:
Dogecoin shows optimistic signs, but confirmation depends on breaking above $0.25.
Investors should monitor this level as a key point for a potential stronger rise.
