{"id":35004,"date":"2024-01-11T19:52:47","date_gmt":"2024-01-11T23:52:47","guid":{"rendered":"https:\/\/cryptocornercafe.com\/cafe\/?p=35004"},"modified":"2024-01-11T19:52:47","modified_gmt":"2024-01-11T23:52:47","slug":"crypto-analyst-reveals-why-0-087-is-a-key-profitable-level-to-watch-for-dogecoin","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2024\/01\/11\/crypto-analyst-reveals-why-0-087-is-a-key-profitable-level-to-watch-for-dogecoin\/","title":{"rendered":"Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin"},"content":{"rendered":"

Crypto analyst Skew<\/a> has highlighted a particular price level for Dogecoin (DOGE)<\/a>, which could turn profits for those invested in the meme coin<\/a>. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE<\/a>.<\/p>\n

$0.087 Is The Dogecoin Price Level To Watch Out For<\/h2>\n

Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750<\/a> for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.\u00a0<\/p>\n

Meanwhile, the analyst also highlighted other critical price levels<\/a> to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge\u2019s peak in December 2023 when it rose to $0.10.\u00a0\u00a0<\/p>\n

Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally<\/a> could be underway. Going by crypto analyst Jaydee\u2019s prediction<\/a>, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.\u00a0<\/p>\n

Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn\u2019t occurred among the three, as the analyst had mentioned then<\/a> that other indicators have been checked.\u00a0<\/p>\n\n

\u201cDOGE To $1 Isn\u2019t A Meme\u201d<\/h2>\n

Max Schwartzman<\/a>, the CEO of the crypto analysis platform Because Bitcoin also recently shared<\/a> a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once Bitcoin breaks its all-time high<\/a> (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.\u00a0<\/p>\n

Schwartzman also made a case for the PEPE token<\/a>. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.\u00a0<\/p>\n

Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo once mentioned<\/a> that he sees the meme coin printing new ATHs as ETH starts to move.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

Crypto analyst Skew<\/a> has highlighted a particular price level for Dogecoin (DOGE)<\/a>, which could turn profits for those invested in the meme coin<\/a>. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE<\/a>.<\/p>\n

$0.087 Is The Dogecoin Price Level To Watch Out For<\/h2>\n

Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750<\/a> for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.\u00a0<\/p>\n

Meanwhile, the analyst also highlighted other critical price levels<\/a> to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge\u2019s peak in December 2023 when it rose to $0.10.\u00a0\u00a0<\/p>\n

Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally<\/a> could be underway. Going by crypto analyst Jaydee\u2019s prediction<\/a>, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.\u00a0<\/p>\n

Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn\u2019t occurred among the three, as the analyst had mentioned then<\/a> that other indicators have been checked.\u00a0<\/p>\n

\u201cDOGE To $1 Isn\u2019t A Meme\u201d<\/h2>\n

Max Schwartzman<\/a>, the CEO of the crypto analysis platform Because Bitcoin also recently shared<\/a> a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once Bitcoin breaks its all-time high<\/a> (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.\u00a0<\/p>\n

Schwartzman also made a case for the PEPE token<\/a>. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.\u00a0<\/p>\n

Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo once mentioned<\/a> that he sees the meme coin printing new ATHs as ETH starts to move.<\/p>\n

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