I'm not as much of a Dogecoin lover as Elon Musk, but apparently this coin is getting ready to grow. The chart shows that we are approaching the climax. The price is close to the trend support level and has even broken through. Also, we are not far from the horizontal support level. Thus, it can be said that this coin is driven into a corner from which it will have to come out. Considering that the Fed meeting will take place today, at which a decision on the US interest rate will be made, there is a high probability that the altcoin market will go up. Including Dogecoin!
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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.