Dogecoin price on A new upscale path After a rise of $ 0.26 during the weekend, while igniting a new wave of optimism through the cryptocurrency market. as Mimi currency regains momentumAn analyst calls for a huge increase of 2600 % that can rise to the roof of a $ 1 trillion market and a price of $ 6 targeting this session.
The analyst believes that the price of Dogecoin reaches $ 6.9 soon
Dogecoin once again acquired the market’s interest with A. Strong weekend collection Which saw its price broken above the mark of $ 0.26. This explosive movement came as Renewed enthusiasm for Mimi currency The encryption market swept, and brought a new momentum before the potential collapse.
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In a post on social media on July 17, a few days before the weekend, the Kaleo encryption analyst Propagate Dogecoin puts the stage to increase about 2,600 % in this course. The analyst also set a $ 6.942 bullish goal for Dogecoin, a huge leap of its current price of $ 0.27.
In addition to the noise, Kaleo believes that Dog can finally It reaches the market value of $ 1 trillionOn the occasion of an increase of more than 2,350 % of its current evaluation of $ 40.8 billion. While his expectations seem ambitious, they benefit from the broader narration The metal coins exceeded the assets of joke To become digital assets of real value and interest.
Throughout the bear market, Hafez Dogecoin Follow -up and fixed visionIt surpasses many symbols that faded into a lack of connection. This continuous existence, along with its cultural influence and The upcoming historical performance, The idea has strengthened that despite its speculative nature, the metal coins carry a real and permanent value in the digital asset market.
Although Kaleo’s ultra -urinary drop is for the price of Dogecoin and CAP on the market, it has been met with varying degrees from Suspicion And uncertainty, the market expert is still confident in his outlook. When a community member Described His expectations are “somewhat excessive”, Calo firmly Respond It was “not at all.”
Dogecoin has been set to decline before the next goal
In other news, Tardigrade’s encryption dealer Declare Dogecoin seems to follow the classic The upscale reflection patternWhen completing a composition under the textbooks on the daily chart. The Meem currency erupted over the resistance of the neck line near $ 0.25, confirming the upper structure that appears to be developing since February.
According to the expert, this penetration is in line with the previous predictions, especially since the pattern has started to take a clearer form during the June and July gatherings.
Related reading: Dogecoin returns to December 2020 levels, is it possible for 36,000 % possible?
as Double bottom patternsTrader Tardigrade predicts that the temporary decrease in the neckline, which works as new support, is very likely. If this scenario is revealed as mentioned The next short goal From $ 0.476, more than 76 % represents an increase of current levels.
Distinctive image from Istock, Chart from TradingView.com
The post Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge first appeared on Investorempires.com.
