DOGE could ‘double its price’ if it overcomes this major hurdle
As the major ity of assets in the cryptocurrency sector are back to trading in the green, Dogecoin (DOGE) is facing a major obstacle to bullish continuation, but if it manages to overcome it, the famous dog-themed meme digital asset might double its price . Specifically, this major hurdle for Dogecoin currently stands at $0.087, marked by the convergence of the 0.786 Fibonacci level and both the 100-week and 200-week exponential moving averages (EMAs), as observed by the crypto analyst Ali Martinez on November 28. According to the renowned crypto trading expert, the ninth-largest cryptocurrency by market capitalization “breaking past this barrier could open the gates for DOGE to nearly double its price, aiming for a target of $0.14,” as illustrated in the chart pattern analysis. Dogecoin price action analysis. Source: Ali Martinez Meanwhile, Dogecoin has recently also recorded a massive milestone of 5 million DOGE addresses with a balance, coinciding with a remarkable surge in ...