Rally

2024

Dogecoin

Coin

<ul class="news-points"> 
 <li>Analyst claimed that Dogecoin (DOGE) might reach $1.</li> 
 <li>Dogecoin might extend its rally to $0.1 if buyers regain control.</li> 
 <li>A break below the $0.080 support could erase more gains and send the coin to $0.078.</li> 
</ul> 
Hov, a certified Elliott Wave analyst, posted on X, noting that <a href="https://coinedition.com/dogecoin-doge-price-prediction/">Dogecoin’s (DOGE)</a> price would climb significantly. Despite his bullish forecast, Hov admitted that reading the price action on a micro timeframe was difficult.&nbsp; 
The analyst, however, opined that a retest of the $0.06 support could offer a good entry for those looking to buy the meme coin. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOGE</a> Still playing nicely but the move from the low, well pretty much all directions have been very 3 waved for <a href="https://twitter.com/hashtag/doge?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#doge</a> (threaded) Making it hard to read on the micro My thoughts are still the same While we could get another tap of that .06 support level I wouldn't be cutting… <a href="https://t.co/GlLrlfcNu1" target="_blank" rel="nofollow">pic.twitter.com/GlLrlfcNu1</a>— Hov (@SenseiHov) <a href="https://twitter.com/SenseiHov/status/1758268619643822262?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 15, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
On January 26, Hov <a href="https://twitter.com/SenseiHov/status/1750967633464193029" target="_blank" rel="nofollow">pointed out</a> that DOGE was close to its bottom. Using the Elliott Wave&nbsp; Theory, the analyst posted a chart showing how Dogecoin would rise above $1. For context, the Elliott Wave Theory can predict long-term price movement based on repeating patterns or…
The post <a href="https://coinedition.com/doge-set-for-massive-rally-despite-sideways-movement-analyst/">DOGE Set for Massive Rally Despite Sideways Movement: Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

DOGE Set for Massive Rally Despite Sideways Movement: Analyst

Coin Edition

2024년 2월 16일에 게재된 다른 기사

Bitcoin whales scoop up 100,000 BTC in 10 days – What now?

Coinbase CLO Urges WSJ Data Correction After Treasury Clears Hamas Of Crypto Terrorism

Cardano Nears Breakout With Rising On-Chain Activity! Here’s The Next Resistance For ADA Price

Avalanche Foundation Unveils $180M Avalanche Rush for DeFi Growth

SUI Token Soars as Usage and Development Indicators Strengthen

Tether’s Potential US Government Oversight: JPMorgan Alert

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!