Michaël van de Poppe has shared a bullish outlook for Dogecoin (DOGE), acknowledging its potential to clinch $0.1 in the coming days. The distinguished cryptocurrency trader and MN Trading founder, Michaël van de Poppe, conducted a comprehensive analysis of the DOGE/USDT chart to...
Michaël van de Poppe has shared a bullish outlook for Dogecoin (DOGE), acknowledging its potential to clinch $0.1 in the coming days.
The distinguished cryptocurrency trader and MN Trading founder, Michaël van de Poppe, conducted a comprehensive analysis of the DOGE/USDT chart today, offering insights into potential future developments. Poppe’s keen interest in Dogecoin stems from the remarkable price performance exhibited by the asset in recent times.
According to him, the largest memecoin by market cap is currently in the “buy the dip areas.” Notably, DOGE is trading below the $0.08 level at the time of writing. But Poppe hopes the asset takes another leg up amid the prevailing bearish sentiments in the broader crypto market.
Particularly, the market watcher acknowledged DOGE’s likelihood to eclipse the much-coveted $0.1 price territory soon. “Well, DOGE probably continues its expansion towards $0.10 here,” he remarked.
Whether DOGE will reach $0.1 in the coming days remains to be seen. Nonetheless, among the top 10 large-cap cryptocurrencies, Dogecoin alone has recorded a double-digit gain (15.22%) in the past seven days at press time. BTC and ETH are down by 1.58% and 1.75% within the same timeframe.