Dogecoin (DOGE) Could Be on the Verge of a Big Breakout, According to Popular Crypto Strategists

Dogecoin (DOGE) Could Be on the Verge of a Big Breakout, According to Popular Crypto Strategists


A pair of popular crypto strategists think that top meme coin Dogecoin (DOGE) could be gearing up for a big breakout.

Pseudonymous analyst Rekt tells their 333,800 Twitter followers that the Shiba Inu (SHIB) rival is testing the diagonal resistance of a bullish reversal structure on the weekly chart.

“DOGE is now testing the top of the falling wedge, trying to challenge for a breakout.” 

Trending: BREAKING: Brunson Brothers Case Is Back On!

Source: Rekt/Twitter

Looking at the trader’s chart, it appears that Dogecoin must take out its resistance at $0.090 to trigger a breakout rally.

Another crypto strategist also believes that a breakout could be in the works for Dogecoin. Pseudonymous analyst Rager tells their 203,300 Twitter followers that DOGE is testing the upper bound of his accumulation range.

“One chart I’m

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend