- DOGE’s bullish trend may hit $0.32, says Altcoin Sherpa.
- Binance leads DOGE in OI with $468.8 million.
- Open interest in DOGE rises, indicating strong momentum.
In recent developments, crypto analyst Altcoin Sherpa shared an optimistic viewpoint on Dogecoin (DOGE), spotlighting its robust position above a crucial weekly level and its potential ascent to $0.32.
$DOGE: held above this weekly level for now, resume the pump to $.32I think being long DOGE is a completely reasonable idea and I think that its one of the safer trades you can do. Probably outperforms a lot of other stuff too tbh
— Altcoin Sherpa (@AltcoinSherpa) April 7, 2024
According to Altcoin Sherpa, investing in DOGE now is considered a “completely reasonable idea,” highlighting its comparative safety against other investments. The analyst further suggested that Dogecoin might soon outshine a range of other assets, marking it as a lucrative prospect for both traders and investors.
Altcoin Sherpa said in a tweet:
I think being long DOGE is a completely reasonable idea and I think that it’s one of the safer trades you can do. Pro…The post DOGE Price Prediction: Potential for a 50% Increase to Hit $0.3? appeared first on Coin Edition.