has highlighted a particular price level for Dogecoin (DOGE), which could turn profits for those . He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE.
$0.087 Is The Dogecoin Price Level To Watch Out For
Analyzing the daily Dogecoin chart, Skew hinted that there is a better for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.
Meanwhile, the analyst also highlighted other to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge’s peak in December 2023 when it rose to $0.10.
Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally could be underway. Going by , this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.
Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn’t occurred among the three, as the analyst had mentioned then that other indicators have been checked.
DOGE price at $0.084 | Source:
“DOGE To $1 Isn’t A Meme”
, the CEO of the crypto analysis platform Because Bitcoin also recently a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.
XRP Whales Make Big Moves Amid Market Volatility
9 months agoSchwartzman also made a case for the . With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.
Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo that he sees the meme coin printing new ATHs as ETH starts to move.
