An Expert Has Said That the Price of DOGE Will Increase by 1700%
Joe points out that Dogecoin is hitting higher lows, which is a promising indication of an upward trend. This pattern suggests that there might be a chance for an upward trend when combined with prior corrections.
He suggests a possible recurrent tendency by drawing comparisons between the 60% decrease and earlier 58% corrections.
Dogecoin value forecasts vary widely. Though theoretically plausible, Joe advises caution when speculating on a potential 20x gain from current levels recover.
Dogecoin’s market behaviour may be based on the fact that oversold RSI conditions have historically led to noticeably greater gains.
When Joe compares the recovery patterns of Ethereum and Bitcoin, he finds that the former’s is more robust than the latter.
Joe shares his optimism, believing that the current trajectory will lead to further increases in the value of DOGE and other cryptocurrencies.
He advises investors to be well-informed and to have realistic expectations based on sound technical research.
An intriguing new cryptocurrency project called Doge2014 seeks to a cryptocurrency project created to honour Dogecoin’s tenth birthday. Tokens are sold for the same price as Dogecoin in 2014, and there are opportunities for staking and community prizes.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source : kOINMILYONER