Crypto: New Peak Of Dogecoin! Technical Analysis As Of October 24, 2024
As the crypto market has regained strength, Dogecoin shows promising interest. Let’s explore the upcoming prospects for the DOGE price.
Situation of Dogecoin (DOGE)
After sinking to $0.08, Dogecoin sparked buyer interest that has been upheld. Indeed, the crypto then underwent a consolidation period, forming a double bottom. The neckline of this latter was eventually breached, bringing the price of Dogecoin toward $0.13. The DOGE then endured a sudden drop before forming new support at $0.10. It is interesting to note that the latter is at the same level as a notable value area. As the crypto market was revised upwards, Dogecoin rebounded sharply. This increase allowed the crypto to surpass its previous peak as…
