DOGS ($DOGS) Price Prediction for 2024!!
Currently ranking 145th on CoinMarketCap by market capitalization, DOGS ($DOGS) is showing promising price action. Let’s dive into the 2024 price forecast using a daily timeframe for analysis.
In the chart above, DOGS ($DOGS) is displaying an ascending channel pattern, characterized by higher highs and higher lows within parallel, upward-sloping lines. This pattern indicates a short-term bullish trend, with the potential for higher movement within the channel. However, ascending channels can also appear as continuation patterns in broader, longer-term downtrends.
At the time of analysis, DOGS was trading at $0.0007312, marking a 10.9% increase. If the current upward trend persists, DOGS could hit the following resistance levels: $0.0007638, $0.0008840, and $0.0009578. On the flip side, if the pattern reverses, the token could fall to key support levels of $0.0006540 and $0.0006136.
Disclaimer: The above content includes third-party perspectives and is not financial advice. Some information may be sponsored. Always review terms and conditions.
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