BitcoinDOGEETHEthereumIndustry AnalysisNews

Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin

2 Mins read

Crypto analyst Skew has highlighted a particular price level for Dogecoin (DOGE), which could turn profits for those invested in the meme coin. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE.

$0.087 Is The Dogecoin Price Level To Watch Out For

Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750 for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart. 

Meanwhile, the analyst also highlighted other critical price levels to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge’s peak in December 2023 when it rose to $0.10.  

Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally could be underway. Going by crypto analyst Jaydee’s prediction, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts. 

Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn’t occurred among the three, as the analyst had mentioned then that other indicators have been checked. 

Dogecoin price chart from

DOGE price at $0.084 | Source: DOGEUSD on

“DOGE To $1 Isn’t A Meme”

Max Schwartzman, the CEO of the crypto analysis platform Because Bitcoin also recently shared a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once Bitcoin breaks its all-time high (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH. 

Schwartzman also made a case for the PEPE token. With DOGE rising to as high as $1, he suggested that PEPE could also see a 100x gain. The analyst had previously drawn out striking similarities between both meme coins, with PEPE likely to enjoy a similar run as the Dogecoin did during its breakout year in 2021. 

Indeed, PEPE could begin to enjoy significant price gains as attention turns to the Ethereum ecosystem. Crypto analyst Crypto Kaleo once mentioned that he sees the meme coin printing new ATHs as ETH starts to move.


1409 posts

About author
Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
Related posts

Indonesia's presidential elections pose uncertainty for the thriving cryptocurrency industry

1 Mins read
Indonesia, has emerged as a formidable player in the global cryptocurrency space in recent years. However, the nation’s upcoming general elections in…

Understanding the Cryptocurrency Boom - Dogecoin Climbs Due to X Payment Integration, While Stellar and BNB Also Experience Growth

1 Mins read
The cryptocurrency market has been experiencing notable gains over the past few days. This is led by an unexpected and surprising spike…

Crypto Entrepreneur Charged with Defrauding Investors Out Of $150 Million Through Marketing Scheme

1 Mins read
Federal prosecutors have charged a German businessman with securities fraud, wire fraud and money laundering for allegedly scamming over 150 investors out…

🚀 Ailtra Crypto Bot Earned $8.9M Million in 7 Months with 0% Loss!

🚀 Ailtra generated $7.4 in 7 months only!

Unlock 20-75% Monthly Returns & Get $100 FREE!

Meet Ailtra Bot! Launching on 31st March an AI Crypto Bot boasting 20%-75% monthly gains and $7.5M earnings in 7 months. 💸Secure a FREE $100 bonus and up to $20K potential via referrals every month. 🎉Only 1,000 spots are available in first phase – claim yours fast! 🔥 will not disclose your account information to any 3rd parties.