Insights Analysis Will DOGE Rise to 2022 Highs Again?

Will DOGE Rise to 2022 Highs Again?

April 27, 2023 Analysis

Doggy Dogecoin (DOGE) is one of the most popular altcoins in the crypto space. A meme coin backed by the Doge army led by Twitter CEO Elon Musk, its value has witnessed a 30% rise on April 3 after Twitter users noticed that their home button changed from the Twitter icon to the dog meme synonymous with the cryptocurrency.

DOGGY1

After such speculative move, DOGE remains to be in correction. The current price-tag of Dogecoin by the $0.08 mark has already broken the bearish trendline on a four-hour timeframe, and an upside move on re-test the $0.11 resistance mark last visited in December of 2022 may be on the horizon.

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