Dogecoin Soars: Will It Confirm the Bullish Forecast?

In the last 24 hours, Dogecoin ($DOGE ) has seen a significant rise, reigniting discussions about the projections made by Henrik Zeberg, chief economist at Swissblock. He identified a rounding bottom pattern on the monthly chart of DOGE/USD and suggested optimized price targets based on Fibonacci: $0.4924 (target 1), $0.8030 (target 2) and $3.2738 (target 3). In addition, he mentioned optimistic scenarios with peaks of up to $54.4064, depending on the market's euphoric mood.

With the recent rise, investors are beginning to wonder: is $DOGE on track to reach these targets? The critical resistance level pointed out by Zeberg, around $0.49, will be a milestone to watch in the coming hours.

Watch closely! The market is on the rise and could open up new opportunities for traders and crypto enthusiasts. This is the time to watch and act strategically!