Dogecoin Price Could Rally 570% To $2.28 If It Moves Above This Important Fibonacci Extension Level

Quick Summary:

The Dogecoin price is currently trading within a bearish setup as it continues to undergo correction following a remarkable price surge in the past two months.

Nonetheless, technical analysis suggests that the leading meme coin is still trading in a bullish setup on the larger timeframe.

Particularly, the Dogecoin price encountered multiple rejections around $0.475 in early December, which has culminated in a correction path since then.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Dogecoin price Crypto news DOGE news Dogecoin news Crypto Analyst Doge price Dogecoin Dogecoin Altcoin News Dogeusdt Doge Dogeusd Crypto Analyst

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 17:00:47 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24678128

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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