Dogecoin Breakout Coming? Analyst Identifies Key Price Level

Quick Summary:

The chart highlights a well-known metric called the Bitcoin Bull Market Support Band, applied here to Dogecoin, which consists of the 20-week Simple Moving Average (SMA) and the 21-week Exponential Moving Average (EMA).

According to Kevin, reclaiming the $0.28 region on a weekly close—and then showing clear follow-through—could set Dogecoin on a path toward retesting its all-time highs.

Related Reading: Dogecoin Holding Strong—Analyst Says $4 Rally Could Be Next In the larger scheme, the chart underscores that a firm weekly close above $0.28 is the key catalyst.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustriaNorth Korea

Topics: Dogecoin price analysis Dogecoin price Dogecoin DOGE news Dogecoin technical analysis Dogecoin news Doge price Doge

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 00:30:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 482 words

Reading Time: 3 minutes read

Sentences: 79 lines

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Copyright Owner: © NewsBTC

News ID: 26135120

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