Dogecoin prices surge 40% higher but here’s one sign the crypto is headed for a lasting breakout, analysts say

Here’s how to tell if dogecoin’s rebound is more bark than bite, according to technical analysts following the popular crypto.

It isn’t clear if the current uptrend for doge represents a modest rebound or a more decisive shift in momentum, as the climb coincides with news that Coinbase Global will offer the crypto on its platform in about two months and comments from Elon Musk on Thursday, who claimed in a tweet that he was “working with Doge [developers] to improve system transaction efficiency.”To be sure, it isn’t clear which developers Musk would be working with.

Technical analysts who spoke with MarketWatch said that the meme currency has clearly seen a shift in momentum but it would be really telling if it can reclaim its Saturday record peak. “If it can get through this area, the next level above would be the previous highs hit in early May around 74 cents,” wrote the analyst.

Can y’all pick a damn side

Insight into a doge analyst:

It completely depending on how elon feels one day to the next is not a very good indicator.

Neh, just the moon, Mars and rest of the galaxy dogecointoandromeda

Starlink, Tesla, Doge n Me!

Learn to trade the volatility from transparent traders here

Doge4tesla

Risk level over 9000. It's far worse than gambling, but with great risk comes great reward.

Pump and dump. That’s all crypto is. Fools rushing in to fund the whales on the pumps and then lose on the dump.

extremecakespet Yes we are. DogeArmy to the Moon!

we did this motherfucker!!!! doge4tesla

No. It’s just blowing in the wind right now.

I believe so dogecoin

jimmychick

BuySafeMoon FossilFreeSafemoon SAFEMOON SafeMoonCommunity

bedlintonv2 TO THE MOOOOOOON BEDLINGTON $BTC $XLM $XRP $BTC $ETH NFTART HOTDOGE SAFEMOON BNB XVG $SXP $XVG $BTC CUMROCKET ALASKAINU $LAS

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