Crypto Analyst Predicts What Dogecoin Investors Should Expect Price-Wise This Month 📈
Dogecoin is currently trading between $0.2 and $0.24, with bulls maintaining major support levels. However, a market sell-off since September has weakened this hold. Despite this, analyst TradingShot predicts a bullish October for Dogecoin, expecting the price to rally to $0.3. Dogecoin is trading within a Channel Up pattern and above a higher-lows trendline established in August.
The price is supported by the 1D MA100, and if maintained, a bullish trend is likely. However, if bulls fail to support this level, a 42.82% decrease, targeting $0.17, is possible. Nonetheless, buyers may see a high reward due to expected market rebounds, with Dogecoin sitting above the 1D MA100.
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