The post Dogecoin On The Verge Of A Breakout Toward $0.30 And Beyond – Expert Claims appeared on BitcoinEthereumNews.com.

Following a rebound in the general market, major digital assets like Dogecoin have seen notable growth, attracting strong sentiment from investors and prompting several bullish price outlooks from enlightened crypto experts about DOGE’s potential in the near term. Dogecoin’s Price Surge To $0.3 And Beyond Looms Dogecoin’s renewed upward strength might not be ending soon as Dogegod, a market expert and trader has predicted that the dog-themed meme coin could be gearing up for a significant breakout that may trigger an extended price rally toward the $0.3 level. The expert’s bullish projection suggests that Dogecoin might witness huge increases to crucial price levels based on its lengthy consolidation phase, reflecting the resilience of the meme coin over the years. According to Dogegod, Dogecoin has been consolidating for several years while maintaining its support level of $.011. In the event that the crypto asset breaks out of this stabilizing phase, the market expert believes that the move might ignite a price rally up to the $0.30 level or even higher. Dogecoin poised for a breakout to $0.3 and higher | Source: Dogegod on X Dogedog prediction is part of a broader bullish attitude around the flagship meme coin, possibly triggered by a rise in adoption and growing support in the DOGE community. Another market expert, Master Kenobi has also delved into the current price movement of Dogecoin, highlighting that the token has begun its bull run in comparison to past cycle trends, which preceded significant upswings. Master Kenobi noted that in the previous cycle, DOGE started its bull run with 4 consecutive straight green weeks after 2 weeks of red weeks. Meanwhile, in the ongoing cycle, the digital asset has replicated the pattern as indicated by a green line on his chart.  Kenobi stated that the previous bull run began about…

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Filed under: News - @ October 16, 2024 4:26 pm