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Can Dogecoin Price Reach $1 By Year End? Here’s What The Fibonacci Levels Say

Author: Content Editor
Crypto analysts predict that Dogecoin could reach $1 by the end of the year. Analysts cite Dogecoin's Fibonacci levels and a solid push on the support-resistance line as potential reasons for this upward movement. However, some analysts caution that Dogecoin would need to break through multiple resistance levels first. Another analyst suggests that Dogecoin's current all-time high and completion of a 91-day sequence could lead to a price rally to $1. Reaching $1 would not only be a psychological threshold but also validate Dogecoin's potential and solidify its position in the market. Another analyst suggests that the next four months could be significant for Dogecoin, as it has surpassed its previous highest monthly close level, leading to significant gains in the past. At the time of writing, Dogecoin is trading at around $0.36.

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