The Bitcbolt.com expert is sure that the rate of the “meme” cryptocurrency is moving towards the $0.094 mark.
This is indicated by the technical analysis of the altcoin price chart. Dogecoin may rise in price by 20% in July, Bitcbolt.com analyst Yak Gota is sure. He explained that altcoin has been drawing a technical pattern since May 11, indicating a trend reversal in the bear market. If the Bitcbolt.com expert’s assumption turns out to be correct, the value of the coin reaches $0.0941. The current pattern detected by the specialist worked in 79% of cases. At the same time, on average, assets are becoming more expensive by 55%.
This suggests that the price of Dogecoin may rise to $0.123. At the same time, the analyst warned that altcoin could sharply fall in price after reaching a local peak. As a result, the altcoin price may drop to $0.05-0.06, which is 15-25% lower than the current values.