$DOGE Ready to take off, is a new high within reach?
Dogecoin has recently become a hot commodity, steadily staying above $0.32 and making a strong push towards $0.4. This trend is quite similar to Bitcoin and Ethereum, both of which are in an adjustment phase, but Dogecoin clearly doesn’t want to just follow the rhythm.
Just look, Dogecoin has already broken through several key levels, such as $0.355, $0.362, and is now almost touching the door of $0.375, while also crossing the 100-hour moving average. Even more impressive, it has taken out the resistance line at $0.367, it's simply unstoppable!
If Dogecoin can charge through the $0.388 50% Fibonacci retracement level, then $0.4 and $0.42 will be a piece of cake. By then, the bulls will be overjoyed, and who knows, it might even spike to $0.5 in one go!
Of course, the stock market has risks, and investments should be made with caution. If Dogecoin fails to break past $0.372, it may need to adjust. The first support level is at $0.365, then $0.35, and the most crucial support is still at $0.32. If this level cannot be held, it might drop to $0.3 or even $0.295.
However, from a technical indicator perspective, Dogecoin's MACD is gaining strength, and the RSI has also exceeded 50, which are both good signs for an upward trend.
Recently, I plan to stealthily invest in a potential coin that is ready to explode; doubling my investment seems quite simple. At the same time, I am also preparing to find some potential coins to hold until the end of the year, with an expected growth space of over 10 times being quite possible, but spots are limited! If you want to keep up, please like and leave a comment.
