{"id":569105,"date":"2024-01-11T19:00:05","date_gmt":"2024-01-11T19:00:05","guid":{"rendered":"https:\/\/wncen.com\/?p=569105"},"modified":"2024-01-11T12:06:12","modified_gmt":"2024-01-11T12:06:12","slug":"key-profitable-level-dogecoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/key-profitable-level-dogecoin\/","title":{"rendered":"Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/bitcoin-crypto-2-things-to-focus-on-this-week\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Skew<\/span><\/a><span style=\"font-weight: 400\"> has highlighted a particular price level for <\/span><a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-is-bullish-crypto-analyst\/#:~:text=Crypto%20analyst%20Jaydee%20has%20made,the%20indicators%20Jaydee%20highlighted%20materialized.\"><span style=\"font-weight: 400\">Dogecoin (DOGE)<\/span><\/a><span style=\"font-weight: 400\">, which could turn profits for those <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-5-3-million-holders-compares-top-coins\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">invested in the meme coin<\/span><\/a><span style=\"font-weight: 400\">. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of <\/span><a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-price-pump-to-0-7\/#:~:text=From%20the%20accompanying%20chart%20he,the%20first%20half%20of%202024.\"><span style=\"font-weight: 400\">an uptrend for DOGE<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2>$0.087 Is The Dogecoin Price Level To Watch Out For<\/h2>\n<p><span style=\"font-weight: 400\">Analyzing the daily Dogecoin chart, Skew hinted that there is a better <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-god-candle\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">risk-reward above $0.08750<\/span><\/a><span style=\"font-weight: 400\"> for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-headed-for-150000\/\">Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst<\/a><\/div>\n<p><span style=\"font-weight: 400\">Meanwhile, the analyst also highlighted other <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-breakout-above-0-1\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">critical price levels<\/span><\/a><span style=\"font-weight: 400\"> to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge\u2019s peak in December 2023 when it rose to $0.10.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a <\/span><a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-price-pump-to-0-7\/#:~:text=From%20the%20accompanying%20chart%20he,the%20first%20half%20of%202024.\"><span style=\"font-weight: 400\">significant rally<\/span><\/a><span style=\"font-weight: 400\"> could be underway. Going by <\/span><a href=\"https:\/\/bitcoinist.com\/analyst-dogecoin-chart-beautiful\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">crypto analyst Jaydee\u2019s prediction<\/span><\/a><span style=\"font-weight: 400\">, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn\u2019t occurred among the three, as the analyst <\/span><a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-is-bullish-crypto-analyst\/#:~:text=Crypto%20analyst%20Jaydee%20has%20made,the%20indicators%20Jaydee%20highlighted%20materialized.\"><span style=\"font-weight: 400\">had mentioned then<\/span><\/a><span style=\"font-weight: 400\"> that other indicators have been checked.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/BjGfAin4\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">DOGE price at $0.084 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">DOGEUSD on Tradingview.com<\/a><\/pre>\n<h2>\u201cDOGE To $1 Isn\u2019t A Meme\u201d<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/similarities-dogecoin-and-pepe\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Max Schwartzman<\/span><\/a><span style=\"font-weight: 400\">, the CEO of the crypto analysis platform Because Bitcoin also recently <\/span><a href=\"https:\/\/x.com\/MaxBecauseBTC\/status\/55528147?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">shared<\/span><\/a><span style=\"font-weight: 400\"> a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-new-all-time-highs\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bitcoin breaks its all-time high<\/span><\/a><span style=\"font-weight: 400\"> (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-whales-make-big-moves\/\">XRP Whales Make Big Moves Amid Market Volatility<\/a><\/div>\n<p><span style=\"font-weight: 400\">Schwartzman also made a case for the <\/span><a href=\"https:\/\/bitcoinist.com\/big-moves-for-shiba-inu-pepe\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">PEPE token<\/span><\/a><span style=\"font-weight: 400\">. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo <\/span><a href=\"https:\/\/bitcoinist.com\/big-moves-for-shiba-inu-pepe\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">once mentioned<\/span><\/a><span style=\"font-weight: 400\"> that he sees the meme coin printing new ATHs as ETH starts to move.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from 36Crypto, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Skew has highlighted a particular price level for Dogecoin (DOGE), which could turn profits for those invested in the meme coin. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE. $0.087 Is The Dogecoin Price Level To Watch Out For Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750 for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.\u00a0 Related Reading: Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst Meanwhile, the analyst also highlighted other critical price levels to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge\u2019s peak in December 2023 when it rose to $0.10.\u00a0\u00a0 Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally could be underway. Going by crypto analyst Jaydee\u2019s prediction, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.\u00a0 Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn\u2019t occurred among the three, as the analyst had mentioned then that other indicators have been checked.\u00a0 DOGE price at $0.084 | Source: DOGEUSD on Tradingview.com \u201cDOGE To $1 Isn\u2019t A Meme\u201d Max Schwartzman, the CEO of the crypto analysis platform Because Bitcoin also recently shared a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once Bitcoin breaks its all-time high (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.\u00a0 Related Reading: XRP Whales Make Big Moves Amid Market Volatility Schwartzman also made a case for the PEPE token. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021.\u00a0 Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo once mentioned that he sees the meme coin printing new ATHs as ETH starts to move. Featured image from 36Crypto, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":569110,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[167,6664,26263,14690,1785,89174,85675,90807,7,1803,1804,79599,79600],"class_list":["post-569105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-doge-price-prediction","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin<\/title>\n<meta name=\"description\" content=\"Crypto analyst Skew has highlighted a particular price level for 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