๐ฅ๐ถ$DOGE, which is on the rise with the rise of BTC, is preparing for the bull! What are the factors to consider for Dogecoin?
Accompanied by the fact that Bitcoin (#BTC ) left behind 70 thousand dollars, Dogecoin (#DOGE ), which launched an attack, blinked at the bull run.
Bitcoin (BTC), which has been on the agenda with volatile price movements for some time, has finally charted its course. The leader of cryptocurrencies, which quickly exceeded $ 70,000, began to bring altcoins with him. Especially memecoins came to the fore in this process. Among the memecoins, Dog Decoin (DOGE) made its investor smile by recording a higher increase compared to other projects.
So will the ascension process continue in Dogecoin? What are the levels to pay attention to for the popular memecoin?
Dogecoin has attracted attention by increasing by 25 percent in just three days!
The bullish catch-up of BTC as it approached halving added direct momentum to Dogecoin. Memecoin, which started its upward price movement, experienced a 25.53 percent increase in just three days. DOGE, who has drawn a stable price structure for the moment, may want to test even higher levels if the memecoin fury continues, BTC makes ATH, or BTC dominance decreases. In such a scenario, respectively 0,21957 โ 0,23920 โ 0,25603 and $0.27182 may be the right move.
If the Memecoin trend loses popularity, BTC goes into decline, or BTC dominance increases, sales on DOGE will naturally increase. In such a scenario, the levels at which withdrawal can be expected are respectively 0,20668 โ 0,19229 โ 0,17565 โ 0,15068 and it will be a December of $ 0.12240. Especially in the $ 0.12800 - $ 0.12240 band, the appetite level of buyers may increase.
