💥💥💥 $DOGE Price Rally: Can Dogecoin Reclaim Its 2021 All-Time High?
Dogecoin (DOGE) Soars 363%, Targets All-Time High
- Dogecoin (DOGE) has surged 363% from its August low of $0.0805, now trading at $0.384. Breaking the 0.786 Fibonacci retracement level at $0.418, DOGE shows strong #BullishMomentum , with analysts eyeing its 2021 all-time high of $0.748.
Bullish Technical Indicators
- RSI: At 84.87, indicating overbought conditions often preceding parabolic rallies.
- Bull Flag Breakout: DOGE broke out at $0.1088, surpassing the 200-week moving average ($0.131), targeting $0.75.
Key Levels to Watch
Upside Targets:
- $0.50: Psychological resistance.
- $0.748: Previous all-time high.
- $0.82: Projected from the bull flag breakout.$1.57: 1.272 Fibonacci extension.
Downside Support:$0.37: Key support for sustaining momentum.
- $0.2646: 0.618 Fibonacci retracement level.
- $0.131: 200-week moving average.
Outlook
DOGE’s breakout and historical setups suggest further gains. Holding $0.37 is crucial, with $0.50 and $0.748 as immediate targets. A push beyond could lead to $1.57, signaling a new all-time high.
