Dogecoin (DOGE), which reached huge trading volume after DRC20’s trend capture, started the countdown for price action.
DRC20, which caught a great passion after BRC20, laid the positive ground for Dogecoin’s (DOGE) data. DOGE, which makes a difference in the number of transactions in Bitcoin (BTC) and Litecoin (LTC), seems to be in the preparation process in terms of price. Having shown a stable performance for the last ten days, DOGE can make serious pricing in a short time with the support of the BRC20 frenzy.
How Can BRC20 Fury Affect Dogecoin (DOGE)?
Currently trading at $0.07, DOGE is watching close to the support band. DOGE, which has not been very effective from the memecoin rush, can seize this opportunity with DRC20. DOGE, which has reached 650,000 in terms of transaction volume, has not yet been able to show this data in price movement. The continuation of the Memecoin and DRC20 trend could signal an upside boom in DOGE.
DOGE, which has been in the process of accumulating for 10 days, can climb to higher levels in a short time by finding strength from the trends in the market. The resistance levels to follow for DOGE are $0.076 – 0.086 – 0.091 – $0.095 and $0.097, respectively. While examining these scenarios, not only DOGE, but also price movements in Bitcoin and Ethereum, news in the market are of great importance.