CandleFocus Analyst Says Dogecoin in Early Bull Market Stage, Sees DOGE Skyrocketing to Huge Target ‘If Things Go Wild’
2024-12-12
Author: Content Editor
A crypto trader believes that Dogecoin (DOGE) could reach double digits based on historical patterns. The trader suggests that DOGE is currently in a phase where it pauses before skyrocketing to new record highs, similar to its price action during the 2017 and 2021 market cycles. The trader targets $3 for DOGE and potentially even $18 if things go wild. Currently, DOGE is trading at $0.391. The trader also mentions that Cardano (ADA) could find support at the $1 level based on the In/Out of the Money Around Price metric. They believe that ADA is following its 2020 price action and plan to buy more, even if it dips down to $0.76, with the goal of booking profits between $4 and $6. ADA is currently trading at $1.
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