Maker

Dogecoin

Elon Musk

The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/dogecoin-appears-to-be-the-strongest-altcoin-heres-when-the-doge-price-may-reach-0-1/">Dogecoin Appears to be the Strongest Altcoin; Here’s When the DOGE Price May Reach $0.1</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Dogecoin’s price continues to maintain a huge upswing, leading the list of top gainers after Maker (MKR). Ever since Elon Musk rebranded <a href="https://coinpedia.org/altcoin/x-payments-speculation-ignites-doge-price-jumps-10-in-minutes/" target="_blank" rel="noopener noreferrer nofollow">Twitter to X and mentioned X &amp; D in his bio</a>, the <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">DOGE price</a> spiked heavily and has continued to soar high until now. The price is displaying huge potential to maintain a fine upswing as the bullish momentum piles up.&nbsp;] 
Also Read: <a href="https://coinpedia.org/price-analysis/memecoin-mania-returns-along-with-dogecoin-these-tokens-are-gaining-momentum/" target="_blank" rel="noopener noreferrer nofollow">Memecoin Mania Returns: Along with Dogecoin, These Tokens Are Gaining Momentum</a> 
The price was undergoing a parabolic recovery and was expected to trade along the lower support to reach the neckline of the consolidation. However, the fresh bullish push is compelling the price to trigger a massive upswing, which may lift the price beyond the crucial resistance very soon. The buying pressure has significantly piled up, which may further strengthen the base required to trigger a bullish breakout.&nbsp; 
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 <img decoding="async" src="https://lh4.googleusercontent.com/K6RtPVY-JfQxSpRUSTlGsirXGooThrVhiZ8ppgy6HXYKYGLGe0XhtBMvK4H4B8FqvCRKXTkC8SawecwQUrQGfT2XJeLQTSZRe0sm5QswcGraYmsgQP__9q4qsS7YYvDB206Jl-xTc4b8S01zszSxunU" alt=""> 
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The DOGE price rose above the bearish pattern and is currently heading towards its next target above $0.09. Now that the price is ranging high, it may secure the upper targets beyond $0.1 initially and head towards the next targets. Besides, the daily active address count had been soaring for over a month, indicating a new bullish wave could be on the horizon.&nbsp; 
However, the rally also carries the possibility of a bearish pullback. The price may be bullish in the short term, but in the long term, it continues to consolidate within a bearish influence. The sideways price action is serving as the bull cycle’s accumulation phase before the final parabolic rally lift that could lead Dogecoin (DOGE) price towards a new ATH.

Dogecoin Appears to be the Strongest Altcoin; Here’s When the DOGE Price May Reach $0.1

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