🐕 Dogecoin (DOGE) Market Cap Could Overtake Porsche and Mercedes-Benz If This Scenario Comes to Life
Chart: DOGE price analysis. Source: TradingView
Dogecoin is up 180% month-over-month but down 7.03% week-over-week. Market cap is $58 billion, four times that of SHIB. Ichimoku Cloud shows bullish territory, while DMI indicates weak momentum at 22 ADX.
💡 Quick Look:
Similar setups from the past have led to 20-30% moves in either direction.
Watch the resistance level at $0.438 as a signal of a potential rally to $0.50.
Use $0.34 as a key support level.
Consider a take profit strategy if the price approaches the Mercedes market cap range.
