„Dogecoin“ kainos laukia 20% ralio, prognozuoja analitikas

Dogecoin (DOGE) price has recovered over 40% since hitting a low of $0.066 on December 30. The rally was supported by rising Dogecoin development activity, banginių kaupimasisir Elonas muskusas continuously hinting at Dogecoin integration on Twitter payment.

But, the question is whether the DOGE price could rally over $0.1 again amid the bullish sentiment in the market this month, a popular crypto analyst believes it can.

Dogecoin Prepares to Shoot Above $0.1 Again

Pagal naują analizę dalijamasi by crypto analyst Rekt Capital on February 7, Dogecoin (DOGE) price has broken out from its “falling wedge” pattern in the weekly timeframe.

In addition, Dogecoin has successfully retested the top of its falling wedge as support. Thus, it fully confirms the breakout. He predicts that the DOGE price is well-positioned for an upside technically. Now, “it’s all about follow-through.”

Dogecoin price will follow the Bitcoin price trend this week as traders await JAV federalinis rezervas Chair Jerome Powell’s speech today. Bitcoin price soared 1% in the past 24 hours, with the price currently trading over the $23K level.

Meanwhile, Dogecoin price climbed over 2% after hitting a low of $0.089 in the last 24 hours. The DOGE price fell after a dormant whale address containing 2,043,137 DOGE activated after 9.1 years.

Dogecoin Whale Activity Amid Elon Musk Twitter Payment Update

Elon Musk announced moving forward with his Twitter payments plan and introducing fiat support for payments first. However, crypto support will be introduced in the future.

Naujienos drove Dogecoin whale activity causing DOGE price to rally 10% in a day. The Dogecoin community has been actively awaiting Dogecoin integration on Twitter, as hinted by Elon Musk earlier.

Meanwhile, rival meme coin Šiba Inu gathers community’s attention amid the anticipated Šibariumo paleidimas Layer-2 blockchain this month.

Taip pat skaitykite: Bitcoin News: Bitcoin Activity Jumps Three-Year High, Is BTC Price $30K Next?

Varinderis yra techninis rašytojas ir redaktorius, technologijų entuziastas ir analitinis mąstytojas. Susižavėjęs ardomosiomis technologijomis, jis pasidalino žiniomis apie blokų grandinę, kriptovaliutas, dirbtinį intelektą ir daiktų internetą. Jis ilgą laiką buvo susijęs su blokų grandinės ir kriptovaliutų pramone ir šiuo metu pateikia visus naujausius kriptovaliutų pramonės atnaujinimus ir pokyčius.

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