DOGE price is consolidating in a narrow trading range, around $0.20. This is an important psychological level that the asset managed to pass two weeks ago. The last time DOGE was priced above this level was in November 2021. đ¶
Despite the consolidation, analysts believe DOGE's next bullish surge will start sooner than expected.
Renowned crypto trader Rekt Capital suggests that this major memecoin is in a retest phase at the $0.20 level on the monthly time frame.
Another analyst, Mikybull Crypto, also has a similarly bullish view.
As the father of all memecoins, traders are predicting prices over $1, as the coin reflects previous cycles.