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DOGE Eyes $0.099 As It Breaks Out Of Strong Bearish Pattern

Published 12/04/2023, 04:26 PM
Updated 12/04/2023, 04:45 PM
DOGE Eyes $0.099 As It Breaks Out Of Strong Bearish Pattern
DOGE/USD
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  • An analyst predicted that the price of DOGE could see an “epic” pump soon.
  • At press time, DOGE was trading at $0.09011 after its price jumped by more than 5% in the past 24 hours.
  • If DOGE’s bullish momentum continues, it is possible for the meme coin to target $0.09900 in the next few days.

The Dogecoin (DOGE) train has already left the station, according to an X post shared by the cryptocurrency analyst and trader Captain Faibik earlier today. The analyst pointed out in his post that DOGE was recently able to break out of a descending triangle pattern on its weekly chart and an “epic” pump could be in store for the meme token.

The analyst’s prediction could already be in play as DOGE saw its price rise by over 5% in just the past 24 hours of trading, making it one of the biggest climbers among the top 10 cryptocurrencies by market cap. As a result, the meme was worth about $0.09011 at press time, which was a new 24-hour high price for DOGE.

CoinMarketCap data also indicated t…

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