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<p><a href="https://bitcoinist.com/bitcoin-crypto-2-things-to-focus-on-this-week/" rel="nofollow">Crypto analyst Skew</a> has highlighted a particular price level for <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-is-bullish-crypto-analyst/#:~:text=Crypto%20analyst%20Jaydee%20has%20made,the%20indicators%20Jaydee%20highlighted%20materialized.">Dogecoin (DOGE)</a>, which could turn profits for those <a href="https://bitcoinist.com/dogecoin-5-3-million-holders-compares-top-coins/" rel="nofollow">invested in the meme coin</a>. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-price-pump-to-0-7/#:~:text=From%20the%20accompanying%20chart%20he,the%20first%20half%20of%202024.">an uptrend for DOGE</a>.</p> 
<h2 id="0-087-is-the-dogecoin-price-level-to-watch-out-for">$0.087 Is The Dogecoin Price Level To Watch Out For</h2> 
<p>Analyzing the daily Dogecoin chart, Skew hinted that there is a better <a href="https://bitcoinist.com/dogecoin-price-god-candle/" rel="nofollow">risk-reward above $0.08750</a> for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.&nbsp;</p> 
<p>Meanwhile, the analyst also highlighted other <a href="https://bitcoinist.com/dogecoin-breakout-above-0-1/" rel="nofollow">critical price levels</a> to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge’s peak in December 2023 when it rose to $0.10.&nbsp;&nbsp;</p> 
<p>Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-price-pump-to-0-7/#:~:text=From%20the%20accompanying%20chart%20he,the%20first%20half%20of%202024.">significant rally</a> could be underway. Going by <a href="https://bitcoinist.com/analyst-dogecoin-chart-beautiful/" rel="nofollow">crypto analyst Jaydee’s prediction</a>, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.&nbsp;</p> 
<p>Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn’t occurred among the three, as the analyst <a href="https://www.newsbtc.com/news/dogecoin/dogecoin-is-bullish-crypto-analyst/#:~:text=Crypto%20analyst%20Jaydee%20has%20made,the%20indicators%20Jaydee%20highlighted%20materialized.">had mentioned then</a> that other indicators have been checked.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/BjGfAin4/" alt="Dogecoin price chart from Tradingview.com" width="3266" height="1530"></p> 
<h2 id="doge-to-1-isn-t-a-meme">“DOGE To $1 Isn’t A Meme”</h2> 
<p><a href="https://bitcoinist.com/similarities-dogecoin-and-pepe/" rel="nofollow">Max Schwartzman</a>, the CEO of the crypto analysis platform Because Bitcoin also recently <a href="https://x.com/MaxBecauseBTC/status/1744384517555528147?s=20" rel="nofollow">shared</a> a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once <a href="https://bitcoinist.com/bitcoin-price-new-all-time-highs/" rel="nofollow">Bitcoin breaks its all-time high</a> (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.&nbsp;</p> 
<p>Schwartzman also made a case for the <a href="https://bitcoinist.com/big-moves-for-shiba-inu-pepe/" rel="nofollow">PEPE token</a>. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.&nbsp;</p> 
<p>Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo <a href="https://bitcoinist.com/big-moves-for-shiba-inu-pepe/" rel="nofollow">once mentioned</a> that he sees the meme coin printing new ATHs as ETH starts to move.</p>

Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin

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