DOGE has seen a massive run up during the first part of the year. Since then, DOGE has been severely underperforming the market.
Since the low of late July, most cryptos have seen >50% gains. DOGE has seen a meager ~30% run-up since then. This indicates that DOGE is lagging the market.
In my view, DOGE will soon catch up with the market. There's a lot of positive sentiment around this coin, so it could make a decent mid-term investment. Main target for the current run-up is the green area of resistance around $0,30.
Happy trading!
Since the low of late July, most cryptos have seen >50% gains. DOGE has seen a meager ~30% run-up since then. This indicates that DOGE is lagging the market.
In my view, DOGE will soon catch up with the market. There's a lot of positive sentiment around this coin, so it could make a decent mid-term investment. Main target for the current run-up is the green area of resistance around $0,30.
Happy trading!
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