Dogecoin (DOGE), which gained volatility as Bitcoin (BTC) rose above $ 37,300, seems to have turned this opportunity into an increase.
Despite making intermediate corrections, BTC somehow continues to push the altcoin market higher, pricing above $37,300. Especially the rise of DOGE has attracted attention. Memecoin, which outperformed most of the altcoins even though it showed a slight performance in terms of percentage, ranked fifth on the “Top Rising” list with an increase of 2.89 percent in the last 24 hours.
It is a matter of curiosity whether the break will be permanent or not!
DOGE, which is generally priced through Elon Musk’s social media posts, has not received support from here for a long time. However, with the positive progress of BTC, the popular coin, which tries to move up from time to time, may be eyeing even higher levels. A move towards DOGE from Elon Musk or X could move the price to $0.08373 – 0.08773 and $0.09487 respectively.
BTC’s retreat to $35,000, DOGE’s failure to capture fundamental analysis support, or the industry-wide news flow turning negative will naturally shake DOGE. In such a scenario, the levels where relaxation can be expected are 0.07893 – 0.07390 – 0.06985 and 0.0655 dollars, respectively.