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$DOGE
If #Dogecoin
$DOGE
breaks above the $0.143 resistance, we could see a 25% rally up to $0.175!
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$DOGE Is the $3 mark Within Reach for Doge Now That Golden Cross Is in the Horizon? Expert Offers Opinion Many are talking about where Dogecoin may reach its peak because of its recent bullish trend. Crypto expert Kevin Capital takes a more measured approach, despite the fact that some believe DOGE might hit $3. Capital pointed out in a recent X (formerly Twitter) post that the 1.618 Fibonacci extension has served as Dogecoin's "macro golden pocket" level in prior cycles. Even if he thinks it's an implausible aim, that golden pocket for this market cycle is sitting around $3.90. Capital argues that, depending on Bitcoin's performance, a more reasonable high may be anywhere around $1.80. Capital may have his doubts about $3, but he did point out a positive technical indication called a "Golden Cross" that hasn't shown up on the weekly chart in four years. If past is prologue, DOGE may see a dip in price before a meteoric rise beginning in December and lasting until the spring of 2025. much while Kevin Capital doesn't think a $3 surge is likely, Dima James thinks it might happen much more strongly. James predicts that DOGE may see a parabolic spike similar to past bull runs if its weekly chart closes above $0.18. Extreme price spikes of 8,000% and 18,000% in the 2016 and 2021 cycles, respectively, were seen by Dogecoin. James thinks a comparable spike is possible, and that if demand is driven by acceptance and technical breakthroughs, Dogecoin may potentially reach $10. He highlighted a pattern that is now taking shape on the weekly chart: the "green and red lines" crossing, which historically indicates that DOGE's momentum tends to rise following this. James believes that a significant rally might ensue if this move comes to fruition. Dogecoin is still rising inside a bullish channel on the 4-hour chart, and it is now trading at $0.2281. Now that we've broken out over $0.2192, we have a pivot point; any consolidation above here should increase the chances of further gains. If the current upward trend continues, the next levels of resistance are around $
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$DOGE If #Dogecoin $DOGE breaks above the $0.143 resistance, we could see a 25% rally up to $0.175!
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