CandleFocus

With New 52-Week High, Dogecoin Eyes 300% Parabolic Rise to $1

The price of Dogecoin (DOGE) has reached a new 52-week high of $0.3032, fueling anticipation that it may rise to $1. With a market cap of over $90 billion, Dogecoin has become the sixth largest cryptocurrency, surpassing USDC. The price has surged by nearly 90% in the past week and gained 155% in the last 30 days. Technical analysis suggests that the bullish trend may continue, with a potential target of $0.3756 at the 1.618 Fibonacci level. The weekly chart indicates a shift in market sentiment and a potential target of $1, representing a 285% upside.

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