Dogecoin is on the verge of a significant technical milestone as analysts highlight the formation of a golden cross pattern. Historically, Dogecoin has experienced major rallies following three distinct accumulation phases since 2015. Currently priced at approximately $0.23, the cryptocurrency is nearing its 200-day EMA at $0.2199, suggesting a potential upward move.
Analysts Javon Marks and Cas Abbe predict that Dogecoin could rally to $0.33, with resistance expected around $0.35. They also indicate that a new all-time high might be achievable if the pattern holds true, potentially leading to a 150% increase in value.
Dogecoin Poised for Potential 150% Rally Amid Golden Cross Signal
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