Bitcoin, which has been in a downtrend for a while ( BTC)Although Dogecoin ( DOGE) could not prevent its rise.
Elon Musk, one of the DOGE maximalists, continues to draw attention with his updates on Twitter. Finally, adding the letter D to the location section on Twitter, referring to DOGE, Musk created an instant 9 percent rise. Having gained popularity again with the changes in Twitter, will DOGE continue to reflect this situation on its price?
Dogecoin (DOGE) chart review
DOGE, which created a rising trend after making a contact with $0.0628, is trading at $0.0774 as of the writing of the news. DOGE, which has been in an upward trend for almost a month with the enthusiasm created by Elon Musk and X, can target $0.0816 and $0.0846 for the short term if it can sustain above $0.77.
The easing of the positive atmosphere created by Elon Musk and X or the sharp drops in BTC can naturally bring the DOGE price down. In such a scenario, the points that can be watched as support for DOGE are $0.0732 – 0.0700 – 0.0667 and 0.062 dollars, respectively. Finally, the $0.060 level, where the uptrend started, is critical. Failure to hold this level may increase the sales wave in DOGE.
