The DogeCoin is up by 106.2% In the last 14 Days according to the data seen from various sources.
We have seen the DogeCoin price pump huge right after Musk acquire Twitter, and till now it is up by 106.2% In the last 14 Days as per sources information.
What Next, how does the DogeCoin price will perform now?
As the levels we have drawn that you can see in the below image, it was expected that if the DogeCoin price crosses $0.09, it may go to the next level which is $0.011.
Also, it was expected that if the DogeCoin price crosses the $0.011 level then the next possible level could be between $0.17 to $0.18, but quite difficult to sustain.
After this, the DogeCoin performed as expected but did not reach to the level of $0.17 to $0.18 but was quite close to it as it reached around $0.16.
Dogecoin What Next?
In the current price chart of DogeCoin below, we can see the Flag pattern is about to create which is a kind of Bullish sign.
It may possible that the DogeCoin price may consolidate between $0.11 to $0.12, it is currently trading within this same range.
If the DogeCoin price crosses $0.13 then possible it may go to touch a high point again which is at $0.16, if it also crosses this level then the next possible level could be around $0.22.
Musk’s seems to have consistently inspired the price of the widely known meme currency. Seems Elon Musk, has been a strong supporter of the token.
In the last week, Elon Musk’s acquisition of Twitter, along with indications that Dogecoin will be accepted as payment.
From sources, it seems according to the changes in Twitter, DogeCoin may integrate as a payment method, yet there is no official statement from Twitter or DogeCoin.
YouTube Video DogeCoin Price Action | What Next? | Ready For $1?
The author’s views are just for informational purposes only, and they don’t represent advice on finances, investments, or anything else.
You also must read – Twitter layoffs “Twitter Employees Fired”.