Famous analysts comment on DOGE: It can rise with BTC!

Dogecoin (DOGE) increased by 28 percent last week and attracted the attention of investors.

Analysts point out that DOGE could exceed the $ 0.50 level, especially if Bitcoin makes a strong move. DonAlt and CryptoCred, who are known for their cryptocurrency analysis, spoke very positively about Bitcoin and Dogecoin. DonAlt and CryptoCred emphasized that Dogecoin investors should focus on the price movements in Bitcoin. In addition, the continuation of the memecoin craze gives hope for DOGE.

According to crypto analysts Donalt and CryptoCred, Bitcoin's upward movements can provide significant momentum for Dogecoin's rise. In addition, the increase in active addresses and large-volume transactions provides significant support for DOGE. As onchain data continues to come positive, the upward trend in Dogecoin will strengthen even more.

The increasing interest in Dogecoin among large investors (whales) is observed with the increase in transactions above $ 100,000. Donald and CryptoCred expect Bitcoin to rise to $ 80,000 to $ 100,000, although it has not yet broken through.

DonAlt stated that he continues to hold $DOGE , which he targets between $ 0.50 and $ 0.80 in case Bitcoin experiences a major rise. However, the $ 0.80 band may be challenging for Dogecoin. This price range, which coincides with the peak, will naturally increase the selling pressure on the parity. Weekly closings above $ 0.80 may trigger a Dogecoin rally. In such a scenario, one dollar can be monitored as resistance.

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