Despite the huge rises in Memecoins, Dogecoin ( DOGE), could increase significantly in the near future?
Pepe ( PEPEalmost unresponsive to the memecoin frenzy that started with DOGE, has been going back and forth in the same price band for two weeks. FLOKI While SHIBA and PEPE have gained significant value, there has been no clear increase from DOGE. DOGE, which has come to a critical support band in the past days, has received a reaction from this point for now. Can DOGE, which currently finds buyers at intermediate prices, make big increases?
Dogecoin (DOGE) Chart Analysis
Currently trading at $0.0073, DOGE may want to aim higher as long as it exceeds $0.076. DOGE, which is expected to test $ 0.085 first, shows an increase of 18 percent from its current level. With this level exceeded, 0.091 – 0.094 and 0.097 dollars levels can be expected, respectively.
In case DOGE loses value, it can be followed if it finds a buyer between 0.070 – 0.069, which served as a good support band in the past. Losing this range could signal larger declines. For DOGE, factors such as the shares of Elon Musk and the memecoin frenzy are as critical as technical analysis.
