Dogecoin To Go Parabolic In Six Months? Analyst Reveals Major Targets | Bitcoinist.com
Dogecoin has been on the radar of many top crypto analysts over the last few weeks because its indicators have been flashing bullish....
- Dogecoin has been attracting attention from crypto analysts due to its bullish indicators.
- Analyst Alan Santana predicts a recovery for Dogecoin within a six-month timeframe.
- Santana sets three price targets for Dogecoin, each higher than the last.
- The targets are $0.1, $0.15, and above $0.18, representing significant increases from the current price level.
- Santana believes that Dogecoin's previous all-time high of $0.7 makes the highest target achievable.
- Technical indicators such as the Exponential Moving Average (EMA) support the possibility of a breakout.
- The analyst does not anticipate an immediate correction in the Dogecoin price.
- The RSI remains strong, and Dogecoin is trading above a descending trend line, indicating a bullish outlook.
The sentiment of the article is positive, as it discusses the bullish indicators and potential recovery for Dogecoin.