✴️ Dogecoin Within 6 Months (70%, 95% or 135%?)
Updated
Where will Dogecoin (DOGEUSDT) be within 6 months?
6 Months doesn't necessarily needs to be better than 4 months or 3 months... Corrections can go for longer than bullish waves.
Let's get to the answer to your question.
The main target is 0.15666 but there can be more as Dogecoin produced a bullish wave in November 2022 that is out of character compared to the rest of the Altcoins market.
Since we have a long-term higher low, a higher high is possible.
The target I just mentioned is still lower than the Nov. 2022 peak.
👉 The other higher target can be 0.18800 for 135%.
When the action happens it can happen fast, within a few weeks and the rest is just another pre-Bitcoin halving correction before the full blown bull market takes place.
Dogecoin (DOGEUSDT) can be seen trading above EMA300 and MA200 safely.
Volume accumulating, it is still early.
While it is hard to see lower targets, the market underperforming... It is easy to see much, much higher and the market over-performing, blowing away all of our conservative expectations... It can happen.
It can go higher than anything we normally expect.
Prepare for the worst, hope for the best.
Namaste.
6 Months doesn't necessarily needs to be better than 4 months or 3 months... Corrections can go for longer than bullish waves.
Let's get to the answer to your question.
The main target is 0.15666 but there can be more as Dogecoin produced a bullish wave in November 2022 that is out of character compared to the rest of the Altcoins market.
Since we have a long-term higher low, a higher high is possible.
The target I just mentioned is still lower than the Nov. 2022 peak.
👉 The other higher target can be 0.18800 for 135%.
When the action happens it can happen fast, within a few weeks and the rest is just another pre-Bitcoin halving correction before the full blown bull market takes place.
Dogecoin (DOGEUSDT) can be seen trading above EMA300 and MA200 safely.
Volume accumulating, it is still early.
While it is hard to see lower targets, the market underperforming... It is easy to see much, much higher and the market over-performing, blowing away all of our conservative expectations... It can happen.
It can go higher than anything we normally expect.
Prepare for the worst, hope for the best.
Namaste.
Note
Is it time for a correction?Let's close up on the Dogecoin daily chart and see what it has to say!
Short answer: No.
This is based on technical analysis, things can always change.
Today Dogecoin hit its highest level since April 2023.
This move up is supported by rising volume, really strong volume, as well as a strong RSI.
The RSI is strong but not overbought, which is great.
DOGEUSDT is trading above EMA10, EMA200, MA200, EMA300 and the rest.
It is also trading above our descending trendline... We continue bullish.
Strong bullishness remains active above EMA10 (0.07542) daily.
Namaste.
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