WolvesOkami

doge log curve

Long
BINANCE:DOGEUSD   Dogecoin
doge is at the very end of the bear cycle,
which is we can see on the log curve and
elliot wave c, we also see a strong set up
the triple three and decending triangle,
were strongly telling us that doge is at the
bottom now and ready to make the new cycle.

our question how far doge can go this time?

psychologically $1 is resistance max will be around
$2 or $3 computed by market cap if doge will reach
$3 market cap will be around $394Billion if doge will reach
$2 then thats $264Billion if doge will reach $1 market cap is
$132Billion, those market cap is possible since bitcoin to reach
$100k the possible market cap is 1.8T to 2.2trillion,

then we can tell dogecoin is a piece of pie of this whole crypto currency
if total market cap this 2022 for whole crypto is $5Trillion doge
market cap soon is less 1/8 of the whole market cap.

lets see how this set up will materialize this February.
Comment:
2022 feds rates is around 1%
on 2023 rates is higher than 1%
it means crypto winter will be
on 2023 probably the shortest winter
and we go bull on 2024 next halving.

doge has more chance this 2022 to surpass
$1+ or $2+
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