Dogecoin has recently displayed some promising technical patterns, including breaking through the bearish corner pattern on the weekly time frame and forming a cup and handle pattern, as well as experiencing increased trading volume and earning a high ranking on the website coinglass.com. Furthermore, Elon Musk's continued support for the cryptocurrency has also been a notable factor. Based on these observations, it is believed that there may be a neutral trend currently at $0.09, followed by potential growth in the form of a rally or pump until reaching a specific point B.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.