First look on chart after a small impulse price had a rally I think possible now we are in wave 4.
Let zoom in and consider the count.
My count on 4h look more clean, with ext 3, and price action for wave 4
Correction of doge quite long, see history correction below.
Dogecoin is a meme coin based off the Shiba Inu dog. Doge was created in 2013 and has unlimited supply, unlike bitcoin.
Technically, we have had 3 bullish days which isn't something to take lightly, especially in this crypto dip, with price bouncing off the tagged support.
Is 40 cents a realistic target for Doge in the coming days and weeks?
At the time of writing, MACD on Weekly Timeframe is sideways above zero and Signal line. A breakout with significant volume above 50c level may see DOGE retest 70c. Kindly refer chart for critical price points, resistance and support levels. Best of luck.