Elon Musk's Favorite Crypto To Hit $1 Next Year? Analyst Says 'Now Is The Time' To Enter 'For The Long Term'
Portfolio Pulse from Mehab Qureshi
Crypto analysts Captain Faibik and Ali suggest that Dogecoin (CRYPTO: DOGE) is currently consolidating within a triangle pattern, indicating a potential upward trend. Faibik speculates that DOGE could hit $1 in the first half of 2024. Ali notes that a weekly candlestick close above $0.0835 could trigger a new bullish trend for DOGE, with a price target of $1. However, crypto analyst Nicholas Merten remains skeptical about DOGE's future prospects.
October 23, 2023 | 10:30 am
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Analysts suggest that Dogecoin is currently consolidating within a triangle pattern, indicating a potential upward trend. However, some analysts remain skeptical about DOGE's future prospects.
The news presents mixed views from analysts. While some suggest a potential upward trend for DOGE, others remain skeptical. This could lead to uncertainty among investors, potentially impacting the short-term price of DOGE.
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