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Dogecoin Price Targets $0.195 Amid Bullish Market Signals
Crypto analyst Trader Tardigrade suggests that Dogecoin is poised for a price rally above $0.15, supported by bullish signals and market momentum.
- The crypto market is experiencing a rebound, with Bitcoin surpassing $97,000.
- Dogecoin has formed a bull flag on the weekly chart, potentially targeting $0.195, moving towards the psychological $0.2 level.
- Crypto Tony emphasizes the importance of the $0.154 level for Dogecoin, indicating further gains if reclaimed.
- Despite zero flows into Dogecoin ETFs recently, increased demand at the year's start could renew interest.
- Analyst Kevin Capital notes that a successful retest and new local high would confirm the end of Dogecoin's corrective phase.
- Bitcoinsensus speculates Dogecoin could reach up to $4.5 if it follows its macro cycle pattern.
Currently, Dogecoin trades at approximately $0.143, according to CoinMarketCap data.