Dogecoin

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 A widely followed crypto strategist thinks that top memecoin Dogecoin (DOGE) is gearing up for a steep move to the upside.
 Pseudonymous analyst Kaleo tells his 601,600 followers on the social media platform X that DOGE will eventually follow in the footsteps of altcoins that have printed strong gains over the last few days.
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 According to the analyst, DOGE may consolidate in the short term before blasting off.
 “Honestly though – look at how beautiful the USD chart is.
 The way alts are starting to pop off, I find it hard to believe Dogecoin doesn’t see a squeeze out of its current range…
 Not too much of a change from last night for Dogecoin. I’m prepared for a boring next few days before we really send if that’s what it takes.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F-WclZuXgAAFZDq?format=jpg&amp;name=large" alt="Image" width="1763" height="817">
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 Source: Kaleo/X
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 Looking at the trader’s chart, he seems to predict that DOGE will rally above $0.083 by November 13th, representing gains of over 12% from current prices in less than a week.
 Kaleo says that his bullish stance on Dogecoin is supported by the price action of the Dogecoin versus Bitcoin (DOGE/BTC) chart. According to Kaleo, DOGE/BTC is now trading above a year-long diagonal resistance.
 “DOGE/BTC pair has broken out.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F-Q-CSPXYAA2_xL?format=jpg&amp;name=large" alt="Image" width="1809" height="821">
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 Source: Kaleo/X
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 Based on the trader’s chart, he seems to predict that DOGE/BTC will soar to as high as 0.00000550 BTC ($0.19). At time of writing, the pair is trading for 0.00000209 BTC worth about $0.074.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-analyst-predicts-steep-rally-for-dogecoin-calls-doge-chart-beautiful-here-are-his-targets-tbt69591.html">https://thebittimes.com/crypto-analyst-predicts-steep-rally-for-dogecoin-calls-doge-chart-beautiful-here-are-his-targets-tbt69591.html</a>

Crypto Analyst Predicts Steep Rally for Dogecoin, Calls DOGE Chart ‘Beautiful,’ – Here Are His Targets

TheBitTimes

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