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Reading: He Said Dogecoin (DOGE) Will Be $1 and Explained Why! What about Bitcoin (BTC)?
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EdaFace Newsfeed > Latest News > Technical Analysis > He Said Dogecoin (DOGE) Will Be $1 and Explained Why! What about Bitcoin (BTC)?
Technical Analysis

He Said Dogecoin (DOGE) Will Be $1 and Explained Why! What about Bitcoin (BTC)?

vitalclick
Last updated: October 8, 2024 8:15 pm
4 months ago
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dogecoin $0.107232 price At the time of writing, it is at $0.106. 0.105 remains the key support for now. However, one popular analyst is targeting $1 for Dogecoin (DOGE). Two technical analysts shared their predictions for BTC. So, what levels can the two giants reach in the coming days?

Dogecoin (DOGE)Bitcoin Expert Comments

Dogecoin (DOGE)

DOGE must defend $0.105 to continue its rise. BTC As the price started to close below $ 63,000 again, sales in altcoins accelerated. However, even DOGE whales have recently experienced one of the strongest accumulation periods of recent times. Perhaps these investors, who are more experienced beyond short-term movements, have accelerated their purchases for the peaks they expect in a few months.

Mikybull points to Trump’s possible victory as the reason. Can the biggest meme coin, the biggest crypto supporter, draw a joke chart when US President Trump takes office? Surely it is possible?

“I believe a Trump presidential victory could push $DOGE above $1 this cycle.

“History doesn’t repeat itself, but it does rhyme.”

While finishing with the words of Mark Twain, he implies that we may experience something similar during the SNL Show in May 2021, since Elon Musk is also a strong Trump supporter.

Bitcoin Expert Comments

Yoddha and Daan Crypto Trades in the last few hours BTC Two people shared their predictions for cryptocurrency analyst happened. With the BTC chart he shared in the 10-day period, the first analyst mentioned that short-term fluctuations are insignificant and that the long-lasting consolidation process is not the peak but the phase before the big break. The target for the top is the $130,000 level in BTC, and when historical price growth is adjusted to this cycle, a similar picture emerges.

Daan Crypto Trades drew attention to the four-hour chart and wrote:

“Bitcoin $62,401 It has been trading alongside the 4-hour 200MA/EMA for a while now.

It held as support earlier this week but is retesting the 4H 200EMA. As long as these hold, the short/medium term timeframe momentum favors the bulls. “Still, I want to see the price continue and rise.”

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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TAGGED:Technical Analysis
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