A crypto analyst has shared a Dogecoin price chart over a daily time frame, highlighting key price levels to watch out for as the meme coin attempts to recover towards the coveted $1 milestone.
The analyst presents Fibonacci extension levels as key markers to monitor for Dogecoin's potential moves towards $1, with targets at $0.5, $0.70, $1.1, and $1.7.
Multiple support zones below $0.297 are highlighted as critical levels for Dogecoin, acting as a safety net in case of price pullbacks.
Historical trends indicate a potential 400% rally for Dogecoin based on previous price performance and the Relative Strength Index (RSI) analysis.