Dogecoin (DOGE) surged 28% last week and caught the attention of investors.
Especially analysts BitcoinIf he makes a strong move. DOGEThis indicates that it may exceed the $0.50 level. DonAlt and CryptoCred, known for their cryptocurrency analysis, speak very positively about Bitcoin and Dogecoin. DonAlt and CryptoCred stressed that Dogecoin investors should pay attention to price movements in Bitcoin. Also, the continuation of the memecoin trend creates hope for DOGE.
Analysts gave targets for BTC and DOGE.
According to crypto analysts Donalt and CryptoCred, Bitcoin’s upward movement could give significant momentum to Dogecoin’s rise. Additionally, the increase in active addresses and the large volume of transactions provide significant support for DOGE. As Onchain data continues to turn positive, the uptrend in Dogecoin will strengthen.
Growing interest in Dogecoin among large investors (whales) has been observed with Donald and CryptoCred trading above $100,000 and Bitcoin expected to rise from $80,000 to $100,000, although it has yet to make a break. Not out.
DonAlt said he continues to hold DOGE, with a target of $0.50 to $0.80 in case of a big rally in Bitcoin. But the $0.80 band could be difficult for Dogecoin. This price range, which coincides with the peak, will naturally increase the selling pressure on the par. A weekly close above $0.80 could trigger a Dogecoin rally. In such circumstances, the dollar can be seen as resistance.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.