CandleFocus Analyst Says Dogecoin Ready for Round 2, Reveals Next Target
2024-12-05
Author: Content Editor
According to market analyst Ceciliones, Dogecoin is poised for another bullish upswing and could potentially reach a new all-time high above $1. Ceciliones based this prediction on Dogecoin's consolidation on a bullish pennant pattern. Another analyst, NOS4RA2x, also suggested that Dogecoin's bullish momentum is evident in the 4-hour timeframe and expects the meme coin to break to the 1.618 Fibonacci extension at $1.15627. These analyses align with expectations from other commentators who believe Dogecoin could target $1.15. Technical indicators such as the MACD and RSI also suggest continued upside for Dogecoin.
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