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A crypto analyst is revealing what he's noticing about the Dogecoin (DOGE) price action ahead of a potential breakout.

What Is Cryptokijker Observing About DOGE?

Cryptokijگر kijker says he's seeing the signs of a breakout on the Dogecoin chart above $0.1790. According to the analyst, the targets on this breakout are $0.1840 and $0.1920. At this level, the price is showing a neutral-bullish structure after the recent breakout above the Previous Day Low (PDL).

The crypto analyst adds that there is also a Hidden Bullish Divergence spotted on the Relative Strength Index (RSI), which signals strength beneath the surface. This comes amid massive accumulation of DOGE by whales. Smart money has been accumulating heavily within the discount zone between $0.15 and $0.16, which supports this bullish bias.

Cryptokijker says:

“We're seeing the start of a markup phase as the structure on the chart is broken. The transition in Volume Profile also supports Accumulation-to-Expansion.

Strong support is confirmed at the $0.1760 zone, which aligns with previous discount accumulation, and momentum is building above the PDL, suggesting a potential continuation of the bullish trend.”

What Next For the DOGE Price?

According to crypto analyst Ali Martinez, DOGE could rally towards its all-time high (ATH) if it can secure a monthly close above $0.20. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.

“Dogecoin is approaching a crucial level. A monthly candle close above $0.20 could propel Dogecoin towards its all-time high. Pay attention to this key resistance zone.”

Earlier today, crypto analyst Master Kenobi predicted that the Dogecoin price could reach a new ATH by June. He stated that the foremost meme coin could hit as high as $0.9 on the rally to a new ATH.

The post Crypto Analyst Predicts Dogecoin Price Breakout From $0.1790 With Price Targets In $0.19 appeared first on Cryptoснимок.