Dogecoin Analysis – 08.May.2024

Dogecoin Analysis: Upon reviewing the #Dogecoin chart on a weekly (logarithmic) timeframe, we can see that last week the price dropped to the demand level of $0.12 and then encountered buying pressure, managing to rise by more than 40% to $0.17. Currently, this cryptocurrency is trading around $0.148 and I expect further growth in the medium and long term. The upcoming price targets, in order, are $0.229, $0.35, $0.374, and $0.75. The expected long-term yield of this cryptocurrency is above 300%!
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Author : Arman Shaban

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