CandleFocus Bull Flag Formation Puts Dogecoin Price As High As $2.15 This Cycle
2024-12-15
Author: Content Editor
Crypto analyst Trader Tardigrade predicts that the price of Dogecoin could reach as high as $2.15 in the current market cycle based on a bullish pattern that has formed on its price chart. The analyst notes a bull flag on DOGE's daily chart, with a target price projection of $2.15. Another analyst, KrissPax, also highlights the bull flag and suggests a price target of $0.69 by the end of the year. Both analysts mention a double-bottom chart pattern and a resistance level at $0.46. Additionally, crypto whales have been buying large amounts of DOGE, indicating confidence in the rally. At the time of writing, Dogecoin is trading at around $0.4.
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