Dogecoin Price: ‘$6.9 Is A Magnet’, Analyst Predicts

Dogecoin has plunged violently over the past 24 hours, shedding a large chunk of its value in a brutal correction across the entire crypto ￰0￱ looked like a hold above $0.25 turned into a fast breakdown that dragged the Dogecoin price to as low as $0.148 within 24 hours. However, technical analysis from crypto analyst Kaleo shows Dogecoin is ready to hit new all-time ￰1￱ a post on X, he doubled down on a remarkably bullish prediction, stating that $6.90 is a “magnet” for ￰2￱ Reading: Bitcoin Who? XRP Leads Coinbase Search Charts, Beating The Giants Dogecoin Chart Tells The Story In his post on the social media platform X, Kaleo noted how members of the crypto community are increasingly waking up to see how primed Dogecoin is to reach higher ￰3￱ chart accompanying Kaleo’s post shows the historical pattern that Dogecoin has followed after previous Bitcoin ￰4￱ halving has always been followed by years of massive upside moves in Dogecoin’s price, with the meme coin breaking out of long-term descending resistance lines to record exponential ￰5￱ shown in this chart are the 2017 and 2021 explosive price ￰6￱ suggested that the current market phase mirrors the same structure seen just before the 2021 bull run, when Dogecoin broke above a key lower-high resistance from its previous all-time ￰7￱ moment is illustrated on the chart with the label “We are here.” Dogecoin Price Chart.