Crypto analyst crypto bullet expressed a pattern for bullish for The price of dogecoinwhich can send meme coin above $ 3.2. The analyst also provided a timeline for when the best meme coin reaches this target price.
Dogecoin rally prices above $ 3.2 as text cylinder forms
In a X postThe Crypto Bullet has stated that dogcoin prices are printed by a textbook accumulation cylinder, which provides a bullish outlook for the most important coin meme. His companion chart showed that the Doge could raw above $ 3.2, marking a new All-Time High (ATH) For the meme coin.
The crypto analyst said that based on this bullish pattern, the Dogecoin price rally on this target should begin over the next few months. He added that the catalyst for the price of this climb was unknown, but confirmed that something interesting was coming. Crypto Bullet also mentioned that BTC Dominance is topping out and that it can be the perfect recipe for a dog pump.
Crypto analyst Kevin Capital recently suggested that a potential financial financial policy from the Federal Reserve could be what sparks the next bull ran for Dogecoin's price. He featured the fact that the Fed is expected to cut interest rates in June. The analyst hopes that DOGE will move forward as the supply of this currency is flowing to the meme coin.
Noteworthy, June is also the timeline Crypto analyst Master Kenobi Provided for when the dogcoin price can reach a new ATH. He foretold that DOGE would be rarely as high as $ 0.9 this time. Meanwhile, the analyst has warned that it is still unsure if the meme coin will ruin the psychological price level of $ 1.
I -update dog's price action
In an x post, Kevin Capital provided an update on the current dogcoin price action. He noted that DOGE would hold Macro .382 and the Macro down-trending support around $ 0.14. He further said that the monthly trend has not been lost vertically in this cycle. The Monthly Kaba -Child Index Index (RSI) is also at the same level when the meme coin is at $ 0.11, with plenty of room to rally upside down.
The analyst said that, with the market entering the easing phase of the financial cycle, he hopes that Bitcoin's dominance will reach a top of MacRO on Tag -Day. Kevin Capital predicts that altcoins, especially the Dogecoin PriceThen a massive flow will be witnessed once this happens. He urged market participants to ignore short -term noise and focus on the long -term trajectory.
At the time of writing, the dogcoin price traded around $ 0.18, up to 3% in the last 24 hours, according to Data From CoinMarketCap.
Featured image from Getty Images, chart from tradingview.com
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