DOGE’s Price Could Post a 40% Gain if This Level Is Breached
- The price of DOGE has risen 3.34% over the last 24 hours according to CoinMarketCap.
- DOGE’s price has been in a tight range for the last few months.
- A 23% gain may be on the cards if DOGE’s price breaks $0.0946.
The crypto market tracking website, CoinMarketCap, shows that the price of Dogecoin (DOGE) has risen 3.34% over the last 24 hours. This takes the meme coin’s price to $0.07784 at press time.
DOGE’s has been in a tight range for the past few months. However, the recent sweep of the range low was a buy signal for traders who identified the opportunity – helping them to recover recent losses. Currently, the meme coin is coiling up to continue this trend to move higher.
In the last 4 months, the altcoin’s price has been stuck between the buying climax at $0.0946 and the selling climax at around $0.0705. The coin’s price did slip below this range in early March, however, but was able to recover above the lower limit of the range in the week that followed.
A continued bullish narrative for the crypto market leader, Bitcoin (BTC), could fuel the rally for DOGE’s price which will retest the aforementioned buying climax of $0.0946. Should t…
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