Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?

Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery. However, there could be a small roadblock for the meme coin when it comes to achieving this uptrend as one analyst has pointed out the possibility of a further crash from here. A Crash Or A Surge For DOGE? Crypto analyst Ali Martinez has presented a forecast for the Dogecoin price with mixed signals for the future. The analysis focuses on both the bullish and bearish possibilities for the meme coin as it continues to trade in a trading range. Both of these scenarios are possible, with the Stochastic RSI may win out this time. Related Reading: Shiba Inu On The Edge Of Historic Run As Investors Accumulate 770 Billion SHIB According to the analysis, the Stochastic RSI has made a bearish crossover ..

Support the originator by clicking the read the rest link below.