Dogecoin recently had a modest rally, reaching $0.484, but has since retraced slightly. Analyst Cheds believes that a breakout above resistance levels could lead to a significant rally and new all-time highs. Traders are closely watching the $0.484 mark for confirmation of a breakout. Dogecoin is currently testing key liquidity levels, and analysts believe a clear path to new highs will emerge if it can break above these levels. Breaking above $0.50 and sustaining that level could catalyze a rally. However, if Dogecoin fails to maintain its current levels, it may face a deeper retracement. The next few days are crucial for Dogecoin's price trajectory.
- Content Editor ( newsbtc.com )
- 2024-12-09
Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH?