Dogecoin setting the stage for a ‘move toward $5.8’, says expert
Dogecoin (DOGE) could be gearing up for a possible record high above $1, with the asset’s technical formation hinting at an incoming price breakout. As things stand, Dogecoin is trading just below the $0.30 mark, and if the level is breached, the token’s next major resistance to watch stands at $0.58. Consequently, surpassing these levels could trigger a rally toward $1.80 or even $5.80, according to an Analysis by prominent cryptocurrency analyst Ali Martinez in an X post on February 16. “If Dogecoin is following a parallel channel, a breakout above $0.58 could set the stage for a move toward $1.80 or even $5.80,” Martinez said. Picks for you Legendary trader says ‘it's very unlikely’ Bitcoin will trade above $200k this decade 18 hours ago ...
