Dogecoin Price Chart Flashes Clean Bull Flag At $0.38, Here’s The Next Target

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Dogecoin Price Chart Flashes Clean Bull Flag At $0.38, Here’s The Next Target - NewsBTC

Quick Summary:

KrissPax Identifies Key Target For Dogecoin Price This development of a bull flag pattern was highlighted on the social media platform X by crypto analyst KrissPax, which relays to the current bullish sentiment surrounding the DOGE price.

Related Reading: Crypto Analyst Predicts 37% Upshoot For Dogecoin Price, Points Out Support Levels A bull flag pattern is characterized by a sharp price increase (the flagpole) followed by a period of consolidation in a downward-sloping channel (the flag).

Meanwhile, Dogecoin still trading right in the middle of the flag at 38 cents.pic.twitter.com/kR6WSxMQI5 — KrissPax (@krisspax) November 22, 2024 Market Expectations For DOGE’s Next Move At the time of writing, Dogecoin is trading at $0.393.A move towards the $0.6 mark would translate to a price increase of about 53% from the current price.