Dogecoin Price Prediction as Price Shoots Up 100% in a Week
Dogecoin bulls are ready to defend key support areas to prevent their weekly accrued gains from being wiped out as bears plan revenge missions. The largest meme coin continues to grace the cryptocurrency market with an unstoppable rally, as gains surpassed the 100% mark in a week. Over the last 24 hours, Dogecoin price extended its bullish outlook 21% higher, bringing its total accumulated gains to 112% in just seven days. Key Fundamentals Support the Dogecoin Price Rally Elon Musk, the world's wealthiest man – and now the CEO of Twitter may have triggered the Dogecoin price rally mid this week; however, other on-chain and macro factors kept the uptrend intact, preventing sudden retracements. At the time of writing, Dogecoin price exchanged hands at $0.1270, barely a day after it climbed above $0.1000. As discussed in this Analysis on Saturday, DOGE exhibits the potential to brush shoulders with $0.1400, a move likely to set the pace for the second phase of it...
