Dogecoin

Coin

<ul class="news-points"> 
 <li>DOGE’s potential rebound could lift the price to $0.13 if bearish dominance drops.</li> 
 <li>An analyst predicted that a breakout of the descending triangle could send DOGE toward $10.</li> 
 <li>The Supertrend flashed a buy signal at $0.083, suggesting a major relief in the short term.</li> 
</ul> 
<a href="https://coinedition.com/dogecoin-doge-price-prediction/" target="_blank" rel="noreferrer noopener">Dogecoin (DOGE)</a> formed an asymmetrical triangle on the daily chart, underscoring how bulls have been trying to keep the price above $0.090. However, the attempts by bulls have been unsuccessful as bears tugged back the price. 
The asymmetrical triangle formation suggests that a breakout could be ahead for DOGE. But before the potential rally, DOGE’s price might slide. At press time, the price of the cryptocurrency was $0.084. 
<h2 class="wp-block-heading" id="h-bulls-and-bears-battle-it-out">Bulls and Bears Battle It Out</h2> 
Indications from the Relative Strength Index (RSI) signaled a drop in bullish dominance. Should the RSI reading drop below 50.00, then DOGE might decrease to $0.080. However, bulls would likely try and drive the price upwards. 
For instance, if bears tug back the price, Dogecoin could slip to $0.0823 where the 0.236 Fibonacci retracement was located. If the price rebounds from this level, DOGE could start an uptrend to $0.133 where the…
The post <a href="https://coinedition.com/heres-why-dogecoins-doge-price-can-hit-10-in-the-bull-run/">Here’s Why Dogecoin’s (DOGE) Price Can Hit $10 In the Bull Run</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Here’s Why Dogecoin’s (DOGE) Price Can Hit $10 In the Bull Run

Table of Contents

Coin Edition

Other articles published on Feb 24, 2024

Crypto roundup: A quick recap of today’s events

Rich Dad Poor Dad Author Advice on “What Happens if Bitcoin Crashes”

Airdrop timing secrets unveiled-CoinGecko

SEC Seeks Comments on Applications for Spot BTC ETF Options

AI Stocks Surge Amid Wall Street’s Waning Momentum – Nvidia’s $2 Trillion Valuation Offers Tempor...

The potential impact of Bitcoin halving on the cryptocurrency market | Opinion

Join our free newsletter for daily crypto updates!