Cryptocurrency Opinion & Analysis

Dogecoin Might See 2x Rally to Reach Beyond $0.2


Dogecoin price recently crossed $0.07 with an overall 0.80% increase in last seven days at the time of this writing. 

With the beginning of the fresh yearly trade of 2023, dogecoin prices are believed to boost. Here if the bulls re-enter strongly, a significant upswign may lead a notable rebound reclaiming the levels at $0.088 and beyond.Dogecoin Price Chart

The upcoming trade could be more flourishing as dogecoin gets closer to igniting a notable bull run. The recent price of crossing $0.07 can be considered as a trigger that is believed to have uplifted the price beyond the $0.08 resistance initially and later rise beyond $0.1 and later rise beyond $0.15.

However, only after securing these levels, a major upswing may kick in that may rise the price by more than 40%. As per Coinpedia, an expert of crypto price predictions, the dogecoin price may rise as high as $0.2 soon.

Besides, the Dogecoin ecosystem is working hard to introduce new features like Dogecoin makeover, Libdogecoin, Dogecoin Standard, GigaWallet, etc and many more. Hence, a significant upswing may uplift the dogecoin price soon and dogecoin price prediction is expected to reach the $1 mark by the end of 2029.


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