Dogecoin On Track To Hit $0.10 As It’s ‘Waking Up’ From Bottom, Says Analyst
By Benzinga
Dogecoin (CRYPTO: DOGE) might be set for a turn-around, widely followed pseudonymous crypto analyst Kaleo said.
What Happened: Kaleo tells his 575,900 Twitter followers that a significant surge in DOGE’s price could be on the horizon.
The analyst on Thursday tweeted, “DOGE is waking up.”
Kaleo argues that DOGE shows potential for a bullish reversal trend, with his chart predicting a 15% surge.
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According to the analyst, DOGE hit a bottom price on Wednesday at the $0.0815 level.
Kaleo expects DOGE to break resistance at $0.0873 and cross the $0.10 mark. “Break above the line, and accelerate back to ten cents with haste,” he tweeted.
Price Action: At the time of writing, DOGE was trading at $0.08988, up 3.22% in the last 24 hours, according to Benzinga Pro.
Read More: Ethereum Surges Past $2.1K, Bitcoin, Dogecoin Rise Amid Inflation Dip: Analyst Predicts Apex Crypto Rally Towards $50K
