Crypto Analyst Foresees Dogecoin Rally After Potential Support Flip To This Level: 'FLOKI Will be The Big Pumper To Follow Too'
Portfolio Pulse from Mehab Qureshi
Cryptocurrency analyst Crypto Tony predicts a rally for Dogecoin (DOGE) if it flips the resistance level of $0.106 into support, suggesting a potential 'Memeseason' with Dogecoin and Floki (FLOKI) leading the charge. The analyst also identified a resistance near $0.12 and a support level at $0.045. For FLOKI, a resistance level at $0.000060 was mentioned, indicating significant gains if breached. Currently, DOGE is trading at $0.091, down 1.72%.
December 27, 2023 | 1:00 pm
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Crypto Tony predicts a rally for Dogecoin if it can maintain support above $0.106, with a resistance level near $0.12 and support at $0.045. Currently, DOGE is trading at $0.091.
The prediction of a rally based on technical analysis, if resistance is flipped to support, could lead to increased investor interest and buying pressure, potentially driving up the price of DOGE in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Crypto Tony suggests that Floki could experience significant gains if it breaks the resistance level at $0.000060, following Dogecoin's lead in a potential 'Memeseason'.
The anticipation of a 'Memeseason' led by Dogecoin and followed by Floki could create a domino effect, where the success of DOGE could spill over to FLOKI, driving up its price as well.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80