Dogecoin has been on the radar of many top crypto analysts over the last few weeks because its indicators have been flashing bullish for the longest time. The meme coin has also not performed at the same level as some other altcoins, hence the widespread belief that it will see a delayed but explosive move. One of the analysts who envision a big blowout for the meme coin is Alan Santana who took to TradingView to share his bullish sentiment for the DOGE price.
Mapping Out The 6-Month Timeframe For Dogecoin
In the analysis that was posted on TradingView, crypto analyst Alan Santana put the Dogecoin price breakout on a six-month timeframe. According to Santana, this is a likely timeframe that the meme coinâs price will see the much-anticipated recovery. But whatâs even more interesting is the price target that the analyst has set out for the altcoin.
There are three targets mapped out over this timeframe with each one higher than the last. The first target here is a 70% move up from its current price level that could bring the meme coin above $0.1 finally and as high as $0.136 for a start.
The next target from this 70% move lies just above $0.15. Hitting this target would mean DOGEâs price moves 94% from its present value, and this target is one that other analysts have expected Dogecoin to hit soon$$BTC #Blur #BTC #etf
