The Weekly Doge Cross, Targeting $4.20 only seems appropriate
Teh Doge! We just had a weekly cross on Doge coin! The last time this happened we had a rocket up in price to the extreme.
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
Crypto is a gamblers paradise and what better thing to bet on the OG gamble crypto itself? We have already seen plenty of meme coins pump and Elon Musk will likely pump doge in the future again with X accepting payments, Tesla, or something of that nature.
It only seems appropriate to have a price target on #doge of $4.20. The last top was around .69 cents. Coincidence? I will let you decide.
A couple technicals.
As mentioned, the weekly cross indicating it could just be getting started with a move to the upside. If you look at the previous time this happened that I circled in red, you will see that this was the beginning of a strong move and trend to the upside for Doge coin.
What's more, the main resistance at this .18-.19 cent level has been breached, the main resistance is the VWAP we are approaching just at this .25 cent area. When we get above that, there should be little resistance until the recent ATH's.
On this large time frame, while RSI is high I would take this more as an indication of strength and not that it will pull back anytime soon. MACD also looks good.
Here's to hoping Doge goes to $4.20!
Cheers,
TCD
Opinions on Chart's, not financial advice.