Dogecoin has been receiving bullish commentary from analysts who predict that it will reach a new multi-year high at $0.66. Analysts believe that Dogecoin's recent rebound after testing support at $0.30 indicates a potential for further gains. They expect the price to first rise to around $0.48 before facing a rejection, which would then drive it back down to $0.46. However, this time the analysts expect a smaller pullback, setting the stage for a run towards $0.52 and eventually $0.66. Critics who believe that Dogecoin has lost momentum disagree with this outlook. Some analysts even predict that Dogecoin could rally to $3 in the next few months, with more speculative outlooks suggesting prices of $18 and $23.
- Content Editor ( thecryptobasic.com )
- 2024-12-12
Expert Says Dogecoin Surge to $0.66 is Easy, but Few Will Believe It