WolvesOkami

Dogecoin New Trend

Long
BITTREX:DOGEUSD   Dogecoin
On weekly chart we can see dogecoin was able
to make a newtrend after the big channel,
what we can expect on this new trend?
on technical analysis were sure that it will go
higher some of the issue here is the market cap
since doge is heavy the ideal market cap is around
$1trillion max as of now, unless elon and vitalik
has a better plan then we can go beyond what
we think right now,

if you heard ETH will burn more coins and also rumors
they will put hard cap then doge has a chance for that too,
its really depends how they will change doge in the comming
months but for now this is our numbers,

In this new trend we can see doge reaching
the price of $3 to $6 $7 max and thats around $900B
market cap for $7 in this bull run.

thank you


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.