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Bitcoinist

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Is It Time To Sell Off Dogecoin? Analyst Predicts Bullish Wave To $0.4

  • Dogecoin is currently trading at $0.169, showing strength in its price action despite a recent pullback.
  • Crypto analyst MasterAnanda predicts a potential breakout for Dogecoin based on a repeating structure of three lows on the daily candlestick chart.
  • The formation of a higher low in September 2024 led to a major bullish impulse taking Dogecoin to $0.50, indicating a similar setup in the current market.
  • MasterAnanda advises against selling Dogecoin and recommends aggressive buying, suggesting a potential rally to at least $0.40 and possibly much higher.

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