DOGE price is consolidating in a narrow trading range, around $0.20. This is an important psychological level that the asset managed to pass two weeks ago. The last time DOGE was priced above this level was in November 2021. 🐶
Despite the consolidation, analysts believe DOGE's next bullish surge will start sooner than expected.
Renowned crypto trader Rekt Capital suggests that this major memecoin is in a retest phase at the $0.20 level on the monthly time frame.
Another analyst, Mikybull Crypto, also has a similarly bullish view.
As the father of all memecoins, traders are predicting prices over $1, as the coin reflects previous cycles.