Dogecoin On Track To Rally 100% To $0.2; Crypto Analyst

Quick Summary:

According to Astronomer, the current price structure of DOGE demonstrates a relative strength that sets it apart from other cryptocurrencies price action since Q4 2023, suggesting that the coin has the potential to recover and even thrive in the near future.  DOGE On Track To Rally Above $0.2 Astronomer’s DOGE technical analysis, which he shared on social media platform X, is based on the cryptocurrency’s price action since the fourth quarter of 2023.

Price Targets For Dogecoin In terms of a price target, the Dogecoin/Tether US price chart shared by the analyst predicts DOGE will double its current value and climb back above the $0.22 price point later this year.

Related Reading: Analyst Says XRP Price Will Rally 10,400% To $60, Here’s When However, the recent DOGE price action suggests various resistances before $0.22.

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Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Dogecoin news Doge price Doge Dogeusdt Dogecoin price DOGE news Dogecoin Dogeusd

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 22:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 66 lines

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Copyright Owner: © NewsBTC

News ID: 22081793

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