Dogecoin RSI Breakout Highlights $0.40 Target, $1 Potential

  • Dogecoin is gaining attention due to a new chart by analyst Shan Specter indicating a bullish trend.
  • Specter noted a green bullish dot and an RSI breakout on Dogecoin's daily chart, suggesting potential for price increase.
  • The chart shows Dogecoin breaking past a previous resistance level, signaling momentum return.
  • Key price targets identified are $0.40 as the primary goal and $1.00 if the breakout strengthens.
  • The analysis suggests Dogecoin could test higher areas if the pattern persists.

Dogecoin price

Dogecoin price chart from Tradingview.com