Dogecoin Price Prediction – How DOGE Can Rally Above $0.15

Dogecoin Price Prediction – How DOGE Can Rally Above $0.15
#crypto #cryptofoxxy #dogecoin prediction #dogecoin #dogecoin analysis

Dogecoin price prediction: DOGE, the leading meme coin, is showing remarkable strength on Monday, outpacing Bitcoin (BTC) and other major altcoins. What price point is on the table for DOGE?

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Hey everyone how’s it going today I’m crypto foxy and thank you so much for stopping by my channel so in this video we’re going to have a quick update on Dogecoin and have a look at the Dogecoin price and see what we can figure out

From here are we going to get a further runup or are we going to see a uh a bit of a retracement let’s get into our video here before we do so please smash the like button and subscribe to my channel for cryptocurrency news and information all right so I’m going to

See if we can still yeah you guys can see that there so that’s awesome all right so the Dogecoin price prediction so Dogecoin is showing remarkable strength on Monday outpacing Bitcoin and other major altcoins as well Dogecoin has risen by 4% in the day to 8.7 cents

With a trading volume of 577 million a market cap of 12 a half billion dollars so Dogecoin did take back 10th place last week um after losing it and um you know things have been uh progressing from there as well Dogecoin holds above three bull market indicators back by the

Two 20-day exponential moving average the 50-day EMA and the 200 day EMA so it’s very very important to keep track of the technicals here um I’m always looking at uh technical analysis I uh I try to uh read and understand as much as I can and uh bringing this information

To you guys so don’t take any of this as Financial advice this is somebody else’s work I’m just simply passing on the information so a Buy Signal from the moving average um convergence Divergence which we call the macd um positions above the the neutral line re forces the

Bullish grip so that is a bit of confirmation there um closing the day above the hurdle highlighted by the yellow band we can see uh in this here uh chart um buy orders will surge as Traders rush to capitalize in the potential run above 10 cents and

Subsequently most likely to about the 15 cent Mark so fail failure to break above the range resistance could keep Dogecoin moving sideways with the primary support at 7.5 cents so a little sideways action isn’t always a bad thing it does actually uh provide a ton of support um

At those levels um you know positioning itself for a move uh a further move up or uh potentially you know it could you know also breakdown as well so several factors are preparing Dogecoin for a rally in the coming weeks including the persistent increase in the number of

Addresses so Doge addresses with a balance ticked up to 5.9 million from 5.42 million on January 1st so um I do believe that that could be you know we could be seeing that from um people inscribing on the Chain as well cu we are seeing a lot of doal um and

Inscriptions being done on Dogecoin which is slowing down the network is leading to a lot of congestion and problems there as well so I know developers are trying to look for a solution on that um but adoption is definitely um Rising as well and if the momentum does persist in the next couple

Of months dogecoins price prediction of 15 cents could be too low opening the door for a breakthrough above a dollar a dollar is quite a ways away in my opinion however you know things can happen dogecoins uh you know all-time high is is pretty good let’s actually go

Have a look at that right now so let’s have a look at Dogecoin up 5.42 now in the uh percent in the day and uh let’s see hate the way they put this new website or I hate the way they changed the website because it used to be so

Easy to uh find got to scroll down here so alltime high 73 cents us is dogecoins alltime high we are down 87% from alltime high could we get back there again there’s no telling obviously the sky is the limit sometimes for uh you know Meme coins Dogecoin um other

Cryptocurrencies as long as we see a lot of inflows coming into the market uh bull market would help as well you know Bitcoin running and that has certainly um been setting the stage for us recently uh so Bitcoin has definitely uh taken off and you know preh having so

It’s you know it’s very exciting to see so we’ll see we’ll keep an eye on this and see where Dogecoin is it is anticipated to go you know 15 cents is definitely a Target that is on the table um but that’s what I got for you guys in

This video thank you so much for tuning in and I’ll catch you in the next one peace