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Crypto Analyst Crispax It is learned that the price of dogcoin is reflecting a pattern from the previous bull run. Based on this, he increased the probability of price increase for the most important meme coin to $ 4.
This is a rally up to $ 4 as the dogcoin price mirroring 2017 pattern
In X postKrisspax said that the price of dogcoin continues to trade in a uniform pattern 2017 bull cycleHe said that if the second major breakout of this cycle is, Dogi can grow well on its current all-time high (Ath) of $ 0.73. The chart with them showed that the most important meme coin could reach $ 4 when this price breakout is a breakout.
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Crypto analyst Master Kenobi has also recently mentioned The price of dogcaoin is reflecting a rapid pattern from the 2017 bull run. Like Crispax, he also told Dogge to see a second perfect phase of his bull run like 2017. However, he made a more conservative prediction, predicting that he could rally up to $ 1.1 in June at the end of this year.
The Dogecoin value already looks set for the second phase of its bull run, given that the most important meme coin looks down. Crypto analysts such as Trader Tardigrade also suggested that Dogi had fallen down, which has reduced as $ 0.14. Now, the most important meme coin can target the new high, especially in rebound mode even with bitcoin value.
Crypto analyst Ali Martinez It has been said that the price of dogcaoin is out of a triangle, resulting in an increase of 16%. The target is a rally for $ 0.183, which can pave the way for another rally for psychological $ 0.2 price level. Dogcoin whales are also actively accumulating in this price increase, as they bought more than 120 million dodges last week.
Not a breakout has happened yet
While analyzing the daily chart of Dogge, Trader tardigrad Warned that the price of dogcoin has not broken yet. The chart with them showed that the most important meme coin needs to be broken above $ 0.185 to confirm the coin breakout. The analyst also said that Dogo Dogo is struggling to break a descending trendline, as it continues to stay down from this resistance after several attempts.
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However, the analyst provided some positive for dogcoin value and said, stating that RSI A breakout has shown, showing that Dogge has recently gained significant speed. He said that if this speed continues, there can be a strong uptrend. The accompanying chart revealed that the meme coin could record a paralysis rally at a high level as $ 0.5 if it breaks above $ 0.185.
At the time of writing, the price of dogcoin is trading at around $ 0.18, according to over 4% in the last 24 hours, data From coinmarketcap.
Specially displayed image from ISTock, Chart from TradingView.com
