Dogecoin

Dogecoin (<a href="https://cryptotale.org/dogecoin-targets-0-3-will-doge-breaks-out-of-wedge-pattern/" rel="noopener noreferrer nofollow">DOGE</a>) has shown upward solid momentum recently, positively contributing to the debates concerning a breakout. This substantial price increase could also mean the start of the Altcoin season because more of these altcoins have started to outperform Bitcoin.Over the past 72 hours, Dogecoin has gained three green candles consecutively, meaning that an increasing number of people are investing in this coin. This surge has fueled market discussions about whether DOGE will be the cause of the expected altcoin season. Information obtained from various sources supports this argument; more altcoins are now recording better performance, thus supporting this speculation.<h2 id="header-0">Analyst Predicts Bullish Run for DOGE</h2>A crypto analyst, Guru Vedas, has also chimed in on the current DOGE rally to suggest a massive price surge that might trigger an altcoins boom. As per the Vedas, Dogecoin has now crossed above a long-term bearish trend line, which as acted as resistance for Doge for several months. The analyst expects this breakout will send DOGE towards the targets of $0.125 and $0.146. If this happens, it will also bring the highly anticipated altcoin season.Vedas&#39;s argument is supported by the recent rise in DOGE, where its price rose from the $0.10 range. The trend is also supported by the up move in both the 50-day and 100-day moving averages. These technical analyses suggest that Dogecoin&#39;s price might go up further in the coming days.<a href="https://cryptotale.org/doge-breakout-sparks-altcoin-season-hopes-analyst-insights/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Doge Breakout Sparks Altcoin Season Hopes: Analyst Insights

Table of Contents

CryptoTale

Other articles published on Sep 11, 2024

Certified Bitcoin Professional and the Benefits of Crypto Certification

Stop Whining, Start Winning – RWA Altcoins Holders Cry in Poor, While These Bullish Memecoins Tra...

Fidelity Predicts Stablecoin Usage Will Distinguish Ethereum from Bitcoin

JASMY Price Chart Signals Bullish Move Pointing Towards New Wave 3 Trend High of $0.3 This Bull C...

Analysts Share Insights on Bitcoin, SEI, and AAVE Price Trends

Vitalik Buterin linked wallet dumps $2.2m in ETH in 12 days

Join our free newsletter for daily crypto updates!