Dogecoin Weekly RSI Approaches The MA Line, Can Price Resume Uptrend To Break $0.74 ATH?

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The crypto analyst added that if these barriers are cleared, then the current ATH of $0.74 becomes the next major point of interest for Dogecoin.  Related Reading: XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave As part of his Dogecoin analysis, Master Kenobi also noted that DOGE has had a solid week, although it is unlikely to close in the ATH zone.

This comes after DOGE successfully tested the lower green trendline two weeks ago.  From a fundamentals perspective, the crypto analyst noted that Donald Trump’s reinstatement in the White House could serve as both an indicator and a significant catalyst for Dogecoin reaching its current ATH.  Crypto analyst Kevin Capital also shared an analysis of what needs to happen for Dogecoin to reach and surpass its current ATH.

He added that the previous bullish crossover triggered a massive pump for DOGE when it soared from $0.11 to $0.43.  Related Reading: Analyst Says Dogecoin Price Can Break To $0.48, But This Needs To Happen First The crypto analyst added that Dogecoin could record a similar rally again.

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Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Dogeusdt Dogecoin news Analyst Crypto Dogeusd Dogecoin Crypto analyst DOGE news Doge Dogecoin price Doge price Crypto news

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Published On: 2025-01-04 @ 17:30:22 (2 days ago)

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Language: English

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