DOGEUSDT, the leader of meme coins, surged 12% over the last 24 hours, reaching $0.239. This rally has positively impacted other meme tokens, showcasing DOGE’s influence within the market.Currently facing resistance at $0.245,
DOGEUSDT has reached a 2-month high. The Parabolic SAR below the candlesticks signals that DOGE is likely to maintain its upward trend in the coming days. If this support holds, the meme coin could continue pushing towards higher price levels, attracting more buyers and momentum.However, meme coins are volatile. If
DOGEUSDT holders decide to cash out their profits, the price could drop back down to $0.220. Losing this support would invalidate the bullish outlook, signaling a possible downturn for the altcoin in the short term.
Aaryamann Shrivastava | On-Chain Analyst
BeInCrypto - beincrypto.com/author/aaryamann-shrivastava/
BeInCrypto - beincrypto.com/author/aaryamann-shrivastava/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Aaryamann Shrivastava | On-Chain Analyst
BeInCrypto - beincrypto.com/author/aaryamann-shrivastava/
BeInCrypto - beincrypto.com/author/aaryamann-shrivastava/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.