Top Memecoin, Dogecoin, Poised to Surge Upwards, Analyst Predicts
Analyst Kaleo believes that Dogecoin (DOGE) is about to draw the attention of crypto traders. The pseudonymous trader says that the DOGE chart looks poised for a surge towards the upside and predicts that the cryptocurrency won’t remain behind other altcoins for long. Kaleo notes that DOGE usually moves suddenly, so better to enter when it is not volatile. DOGE is presently trading at $0.775, a bit higher than the trader’s diagonal resistance around $0.765. Kaleo also updated his short-term outlook on Bitcoin, stating that BTC looks positioned to clear several resistances on the lower timeframe and rise above $30,000. Bitcoin was trading at $28,632 at the time of writing. It is important to note that the opinions expressed at The Daily Hodl are not investment advice, and the platform does not recommend buying or selling cryptocurrencies.
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