Hold onto your hats, folks! Crypto analyst Dima Potts is at it again, sharing his *invaluable* insights on the current Dogecoin price action. According to Potts, the next major milestone for DOGE is a breakout to $0.28, which will hopefully lead to new all-time highs. 🙄
$0.28: The Next Stop on Dogecoin’s Gravy Train
In a shocking revelation, Dima Potts announced that $0.28 is the next major milestone for Dogecoin on its way to a new all-time high. He expects DOGE to move towards this price range, just like in the previous cycle. Oh, how original! 🙄
Potts also mentioned that there would be increased volatility after this point, with DOGE’s price consolidating before heading towards new yearly highs and eventually its ATH. He noted that the $0.25 level continues to serve as a short-term support level, just like in the 2017 cycle. Groundbreaking, I know! 🙄
Potts earlier revealed that a similar pattern to the 2017 cycle was emerging for Dogecoin in this cycle. He even suggested that DOGE could rally to as high as $10 in this cycle. What a wild prediction! 🙄
Meanwhile, crypto analyst Kevin Capital pointed out DOGE’s struggle to reclaim the $0.28 range. He noted that the meme coin has failed to get above the macro golden pocket and weekly bull market support band, which is around the $0.28 range. Capital suggested keeping a close eye on the Bitcoin price to see if it can help DOGE witness a bullish reversal soon enough. 🙄
DOGE: The Boring King of Crypto 😴
Crypto analyst Trader Tardigrade claimed that the Dogecoin price has entered the “boring phase.” He advised market participants to expect tight consolidation at the current level over the next few weeks before the massive DOGE rally. His chart showed that DOGE could rally above $1 when this rally happens. 🙄
Kevin Capital stated that the Dogecoin price is still in risky waters. He believes that DOGE needs to get above the macro golden pocket and weekly bull market support band at $0.30 on weekly closes. Only then, Capital said, can market participants feel good again about DOGE attacking the highs and beyond. 🙄
At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data from CoinMarketCap. Yawn! 😴
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2025-02-22 01:35