Bitcoin’s recent weekend breakout above a key resistance level has set a potential blueprint for Dogecoin, with analysts pointing to a 25% move for DOGE if the meme coin can replicate BTC’s feat in the coming days.
The world’s leading cryptocurrency cleared the $78,330 level — its 23-week moving average — over the weekend, posting a more than 3% rise and forming a pin bar candle on the weekly chart. That technical confirmation matters.
Dogecoin faces the same test at its own 23-week moving average, sitting at $0.111, a threshold that has acted as a ceiling after an impressive three-week rally of roughly 20%.
Bitcoin’s Breakout Sets The Stage For DOGE
According to analyst, Crypto Mallu, the Dogecoin price is displaying some of the most bullish behavior on the Altcoin sector. The…
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Source www.tradingview.com
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