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Can Dogecoin Price Reach $1 By Year End? Here’s What The Fibonacci Levels Say

NewsBTC LogoNewsBTC1w ago

Can Dogecoin Price Reach $1 By Year End? Here’s What The Fibonacci Levels Say - NewsBTC

Quick Summary:

Based on the Fibonacci levels, The analyst remarked that Dogecoin is witnessing a solid push on the support-resistance line between $0.25 and $0.27, which could act as a solid foundation for the upward movement to the $1 target.  Related Reading: Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins Crypto analyst Swallow Premium responded to the post and warned that the Dogecoin price would have to break many resistance levels first if it is to reach this target by year-end.  Meanwhile, like Dj Anas, crypto analyst Master Kenobi, who correctly predicted the start of the Dogecoin bull run, has also suggested that the Dogecoin price can reach $1 by year-end.

Based on Dogecoin’s Fibonacci levels, crypto analyst Dj Anas has predicted that the foremost meme coin could even reach this target by year-end.  Fibonacci Levels Show That The Dogecoin Price Can Reach $1 By Year-End In a TradingView post, crypto analyst Dj Anas cited Dogecoin’s Fibonacci levels as why he believed the price could reach $1 by year-end.

He added that reaching $1 would mark a new stage in the meme coin’s maturity and solidify its position as an asset with lasting impact.  The Next Four Months Could Be Huge For DOGE In an X post, crypto analyst Trader Tardigrade suggested that the next four months could be huge for the Dogecoin price.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 17:00:36 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 63 lines

Sentence Length: 8 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 23574122

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