8 hour ago
0 0
Dogecoin Targets $0.188 Amid Potential Bullish Reversal
Dogecoin is showing signs of recovery, trading between $0.14 and $0.15 after dropping to $0.134 in early December.
- Crypto analyst BitGuru suggests Dogecoin may be forming a bullish base, potentially rebounding towards $0.20.
- The price has rebounded from its demand zone, creating a higher low compared to November's breakdown, indicating possible bullish movement.
- Dogecoin is testing the mid-range resistance at $0.188; surpassing this level could signal a broader recovery.
- Current price targets are $0.188 and $0.20, indicating potential gains of 27% and 35% respectively.
The outlook depends on the broader crypto market trends, particularly movements in Bitcoin. Rising trading volumes suggest a possible bullish setup for Dogecoin.
