A leading analyst emphasized an important level that Dogecoin (Doge) must hold to reach higher. Analyst says that as long as it maintains this level, the Dogecoin rise trend will continue. It also foresees a one -month journey for the original Mem Coin.
Critical Price Level for Doge’s Moon Journey!
For Dogecoin, the Moon Journey expectations, long -term rise feelings and historical cyclical performance continues. Finally, the experienced market analyst Ali Martinez claimed that the price of breast coin’s price continues to rise to double -digit figures. However, the leading market analyst shared a very important price level that Dogecoin had to keep to keep the expectation of rise alive. He stated that the price movement of the asset in his latest analysis, which he emphasized in the ‘living or dead’ reaction.
Following the strong recovery on Monday, the largest breast coin, according to the market value, experienced a downward trend for three consecutive days. In consolidation, Dogecoin made a 6 %correction and increased its withdrawal from the beginning of the month to 23 %. In the midst of this performance, Martinez said that the price mark of $ 0.19 is a very important support level that should avoid falling under Dogecoin. The attached graph shows that this important level is located on the lower limit of the multi -year rising channel, which has a price structure that Dogecoin has been consolidated since 2014. However, Martinez expects Dogecoin to maintain this price sign to maintain a parabolic rally up to $ 10.
Dogecoin price estimation. Source: Ali MartinezPrice levels following Dogecoin’s reaction
However, Ali Martinez emphasized the levels that Dogecoin can reach depending on the price movement around the critical level. According to the attached graph, Dogecoin may either rise to unprecedented high levels or decrease to lower levels. If the level holds, Dogecoin will target the end of the rising channel at $ 10.04 in the Fibonacci extension of 1.414. Meanwhile, the breast coin can rise up to $ 36.32.
Other $ 10 Dogge Forecasts
Meanwhile, Ali Martinez is not the only analyst to anticipate that the price will increase by more than 3.900 %to $ 10. Analyst Dima James Potts also refers to the historical cyclical price movement and expects the Breast Coin to reach the price this year. In addition, X’s artificial intelligence chat box Gok, Dogecoin can reach $ 10, but claimed that a longer time period. Artificial Intelligence Boot, until 2040, the ambitious price level predicted.
