DOGE could rise 100% to $0.32
Currently, DOGE faces significant resistance between $0.166 and $0.171. Data shows that 75,000 wallet addresses have purchased approximately 1 billion DOGE at prices between $0.166 and $0.171.
Nonetheless, after the SEC approved a spot Ethereum (ETH) trading fund last week, the price of DOGE has risen significantly, 0.6% on the daily chart, 11.2% on the 14-day chart, and 17% higher than last month.
How high can DOGE be in June 2024?
DOGE may reach a top price of $0.178 in 2024, possibly in October, which analyzes growth of approximately 11.25% from current levels.
According to CoinCodex, DOGE may face a correction in June. The platform predicts that DOGE will drop to $0.1445 on June 17, 2024. Reaching $0.1445 from current levels would translate into a growth of approximately 9.5%.
Additionally, DOGE may be part of X’s upcoming payment platform. If the social media giant enables DOGE payments, we may see a sudden boost in adoption and price. Additionally, Musk, a well-known DOGE supporter, said that Tesla may start DOGE payments on their vehicles. Both developments could take DOGE to the moon.
