Dogecoin (Doge) has started to rise again and analysts are waiting for a great exit. Technical indicators, whale purchases and ETF speculation give a strong rise signal for Doge. While the fluctuations in the market continue, Dogecoin price is remarkable by maintaining critical levels.
Does Dogecoin run for $ 10?
Recent analysis shows that Dogecoin is a rise area before giving the summit signal. Crypto analysts say that the RSI has not yet reached an over -purchase zone in a two -week graph. According to past data, Doge first experienced a great rise and then reaches its peak levels.
Currently, the RSI level of Doge has not reached the excessive purchase levels seen in the previous bull markets. If this model is repeated, Dogge seems to reach $ 10. However, critical resistors need to be exceeded before reaching this level.
Will the Doge price rise?
Dogecoin fell from $ 0.4845 to $ 0.265, the December summit. However, some positive developments in the market show that Doge can re -accelerate. Bitcoin’s approach to $ 100,000 can trigger a new rise in the Altcoin market.
In addition, the possibility of approval of Dogecoin as a spot ETF is increasing. In addition, the domestic accumulation of large investors and the continuation of the breast coin craze may support the price. These elements show that Doge can attack again in the coming months.
Short -term technical analysis for Dogecoin
Dogecoin is currently trading at $ 0.265 and has experienced an increase of 0.73 %in the last 24 hours. Doge gains the trust of investors by maintaining the critical support level of $ 0.25.
Technical indicators give mixed signals. Although the MACD indicator is in the negative trend, RSI is at the level of 47 and is located in the neutral region. If the Dogge drops below $ 0.25, the price may decrease to $ 0.20. However, if the levels of $ 0.35 and $ 0.40 are broken, the rise of Doge may accelerate.
Can Doge reach $ 10?
Analysts say that Dogecoin has a strong rise potential supported by technical indicators. Whale movements and market optimism can help Doge to reach $ 10.
However, investors need to closely follow the critical resistance levels.
