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Dogecoin: A 72X Bull Run on the Horizon? Analyzing the Data


Dogecoin: A 72X Bull Run on the Horizon? Analyzing the Data

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  • Dogecoin analysis suggests a potential breakout despite the crypto market downturn.
  • Dogecoin dropped 19.25% over the past week, hitting an intraday low of $0.1086.
  • An analyst predicts a 72X surge for DOGE, pushing its price beyond $10.

Dogecoin (DOGE) has been a major victim of the latest bearish momentum sweeping the crypto market. The meme coin leader tanked by 9% on Friday, coming dangerously close to losing a zero as it hit $0.1086. Over the past week, DOGE has lost over 19.25% of its value.

Despite this downturn, Dogecoin may be poised for a remarkable comeback, potentially surpassing its previous highs and making the current bearish retracement an attractive opportunity for investors.

Market analyst Javon Marks, using a logarithmic chart analysis, suggests that DOGE might be on the verge of a massive breakout. He predicts a possible 72X surge, which could propel its price beyond $1. 

The post Dogecoin: A 72X Bull Run on the Horizon? Analyzing the Data appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.00202

+1.07%

$ 0.0691

-1.10%

$ 0.00...361

$ 0.000019

$ 0.0747

+0.10%

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Coins

$ 0.00202

+1.07%

$ 0.0691

-1.10%

$ 0.00...361

$ 0.000019

$ 0.0747

+0.10%

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View analytics →
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