The Crypto Dima Potts analyst has provided information on the current action of Dogecon prices. In his analysis, Potts highlighted the price level of $ 0.28 as the next important step for Doge, because he looks at an escape on his way to a new summit of all time (ATH).
Why $ 0.28 is the next important step for the Dogecoin road in Ath
In a post X, Dima Potts revealed that $ 0.28 would be the next important step for Dogecoin on his way to a new ATH. The analyst said he expects DOGE to move to the $ 0.28 beach, similar to the previous cycle. As such, he pointed out that this range marks the next important step for the first piece of memes.
The analyst also noted that beyond this point, there would be an increase in volatility with the consolidation of Dogecoin prices before heading to the new annual summits and finally his ATH. In the meantime, Potts noted that the price level of $ 0.25 continues to serve as a level of short -term support that the Doge price should follow, as in the 2017 cycle when this model emerged.
The analyst had previously revealed that a model similar to that of the 2017 cycle emerged for Dogecoin in this cycle. He alluded to this model as why Doge can rally up to $ 10 in this cycle. Potts pointed out that he thought that the meme’s play will go to his heights of all time, then much higher in the coming weeks, reflecting his performance in 2017.
Meanwhile, crypto analyst Kevin Capital recently underlined the Dadecoin prize fight to recover these $ 0.28. This came because he noted that Doge failed to exceed the Macro Golden Pocket and the weekly support group on the bull market, which is around the fork of $ 0.28. In accordance with this, he said it was time to look at the price of Bitcoin even closer to see if the flagship crypto can help the largest piece of memes to show a bullish reversal early enough.
Doge has entered a boring phase
In a post X, the merchant of Crypto Tardigrade analyst said that the Dogecoin price had entered the “boring phase”. In accordance with this, he told the participants in the market to expect close consolidation at the current level in the coming weeks before the massive Doge rally. His accompanying table has shown that Doge could rally over $ 1 when this rally occurs.
Crypto analyst Kevin Capital said that the Dogecoin price was still in risky waters. He pointed out that the same room must go above the gold pocket macro and the weekly support group on the bull market at $ 0.30 on weekly fences. The analyst added that it is only when it occurs that market players can feel good again about Doge attacking the summits and beyond.
At the time of writing this document, the Dogecoin price is negotiated at around $ 0.25, down in the last 24 hours, according to CoinmarketCap data.