‘DOGE Set to Surge:’ Crypto Analyst Anticipates Dogecoin Ready for a Price Spike

Cryptocurrency analyst Muro foresees a potential surge for Dogecoin (DOGE/USD), predicting a 6% increase in value. Currently trading at $0.078, Muro’s target price for DOGE is $0.083. Expressing optimism, the analyst shared their sentiment on X, stating, “Kinda have the feeling that the DOGE is gonna pop.” Over the weekend, Dogecoin saw a 10% rise following the establishment of a new verified account linked to the forthcoming payment feature on the X app, a project endorsed by Elon Musk.

In a subsequent tweet, Muro observed a short-lived spike in DOGE’s value, saying, “Spider senses were right; it popped after my tweet but scammed back to entry from halfway to the target, seems like it’s bouncing; it might give another push.”

Importance of the News:

Last week, the pseudonymous cryptocurrency analyst Johnny made a prediction that DOGE would reach $0.10.

“$DOGE break out — retest complete. Now at a big level — flips this and can see the next leg higher towards $.10. New narrative starting — X Payments account just created…Rumors that X / Twitter will start using DOGE as the universal payment for X.”

Price Movement:

At the time of reporting, DOGE was trading at $0.078, showing a minor decline of 0.02% over the past 24 hours, as reported by Benzinga Pro.

Leave a Reply

Your email address will not be published. Required fields are marked *