It has a solid foundation for reaching $0.69 in cryptocurrency. This is a great achievement for a digital asset traded two zero after a comma a few weeks ago.
The cryptocurrency trading is $0.41 when it is written. Although the most cryptocurrencies’ graphics became red on Sunday, DOGE is increasing. The increase during the day was 22.27%.
The pattern “cup with a handle” is clearly shown in the cryptocurrency chart. High is the handle. The current prices of the coin may thus in the near future add up to around 30 percent.
The main goal of Dogecoin — a dollar — is not far away, too. Analysts estimate that this cost is 17% likely to be achieved. This figure has risen by 2.9 percent due to recent developments in the cryptosphere.
You need a good stimulus to get up. When the bulls rush up, $0.5451-$0.5661 will be the next stop. This is a 29% increase, which is in the area of 127,2% of the Fibonacci population. A little further, Fibonacci remains the highest true target at 161.8 percent – $0.6895.
If #Dogeday really began and got dynamically, it stopped at $0.8411, half the current cost. And it’s not so far there and up to one dollar.
The cryptocurrency price decrease is not yet expected. The coin has an original $0.3225 in support and a tangible $0.3193-0.3196 in support.
The support line in the chart is paired with SMA and is located underneath the handle. If the bears are stronger, the price may fall to $0.2995 and then test the recent low of $0.2298.