Investors’ retreat to memecoins has also affected Dogecoin (DOGE), what’s the latest for DOGE?
DOGE drew attention especially in memecoins whose value decreased with Pepe’s (PEPE) falling into the background. DOGE, which came back to $ 0.069 after a two-month break, managed to find buyers at this level. How is the chart progressing for the popular coin, which is not yet in the safe area in terms of price?
Dogecoin (DOGE) Chart Analysis
DOGE, the pioneer of memecoins, which did not react to the serious pricing of PEPE, came back to the same price after two months. DOGE, which is currently $ 0.0716, can start to rise sharply if it exceeds $ 0.0804. Factors such as the volume increase in Memecoins, Twitter and Tesla owner Elon Musk’s highlighting of DOGE had created great expectations in DOGE. But for now, DOGE, which has bounced off a critical support, has created an uneasy atmosphere.
After exceeding $0.0804, targets of 0.085 – 0.091 – 0.094 and 0.097 can be followed in DOGE, respectively. In particular, PEPE’s addition of volume to this flow may jump to other memecoins over time and play a role in their pricing. If such a situation is going to happen, it seems like the right time for DOGE.
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