What did famous crypto analysts say about Dogecoin (DOGE), which was pumped up with Donald Trump’s victory?
Donald Trump won the US presidential election BitcoinIt brought a new peak in . Elon Musk, a Trump supporter, is Dogecoin (DOGE)brought it to the fore again. The famous businessman, who supported the rise of Dogecoin with his posts on X (formerly Twitter), made investors happy. What do analysts think about DOGE, which has both market rise and Musk support?
Crypto experts are positive about Dogecoin (DOGE)
CrediBULL, which has 432,000 followers on X, thinks that DOGE is currently in a suitable region for shorting. However, according to the analyst, the market is in an upward trend and it seems unreasonable to short Dogecoin in this process. According to CrediBULL, the popular memecoin is targeting the $0.22-$23 range. The analyst, who does not plan to take short transactions in the parity for now, stated that he will inform his followers when he will take any action.
Another cryptocurrency analyst, Ali Martinez, stated that Dogecoin is priced in a descending triangle. Claiming that the critical level for Memecoin is $ 0.198, the analyst thinks that there may be a rise to $ 0.22 with the break of this level. Both analysts are watching the $0.22 resistance for DOGE. Investors can especially pay attention to this level. In addition, Elon Musk’s social media posts will play a critical role in this process. According to Musk’s posts, mobility in the parity may increase.
