Crypto Analyst Sees Dogecoin Surging 30% Before 2024 But Only If It Holds This Level: 'Memecoins Could See Trigger Pump Next'
Portfolio Pulse from Mehab Qureshi
Crypto analysts predict a potential surge of over 30% in Dogecoin (CRYPTO: DOGE) before 2024, provided it maintains the weekly support zone at $0.069. Analyst Crypto Tony suggests that if DOGE behaves favorably, it could trigger a pump in the broader meme coin category. However, another analyst, Rekt Capital, warns of a risk of a stronger rejection that could drive the price down unless the price can regain the Channel Top as support.
November 03, 2023 | 11:35 am
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Dogecoin could see a surge of over 30% before 2024 if it maintains the weekly support zone at $0.069. However, there is a risk of a stronger rejection that could drive the price down unless the price can regain the Channel Top as support.
The article suggests that Dogecoin's price could surge if it maintains a certain support level. However, there is also a risk of a stronger rejection that could drive the price down. This creates a mixed outlook for the asset, hence the neutral score.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100