Back on the monthly chart looking at the RSI & our RCI3Lines indicator we can see multiple bullish developments
- RSI about to register its highest reading since November 2021, when price was 22 cents, implying the possibility of
DOGE
having room for a further 65% upside back to 21 cents (which is also a key fib retracement level)
- RSI is NOWHERE CLOSE TO A TOP, signaling
DOGE
has TONS OF UPSIDE POTENTIAL AHEAD IN 2024
- RCI3Lines: Red line is fully positioned above the blue & inching towards getting above the dotted white line, aka the "parabolic zone"
- Once the Red line enters the parabolic zone on this timeframe, price will go higher FASTER THAN ANYONE CAN ANTICIPATE
- High possibility of a 136% - 274% rally in the next few months as we enter the parabolic zone & previous resistance levels of 21 & 36 cents are broken, paving the way to 49 cents
THIS IS WHERE THE FUN REALLY BEGINS...
If ATH of $0.7605 is broken... $1.20 is next, 760% upside between now & then...
$2 is a possibility, which would mean 1300%+ upside is ahead...
*Not financial advice* but just my thoughts on
DOGE
as they stand right now!
- RSI about to register its highest reading since November 2021, when price was 22 cents, implying the possibility of
DOGE
having room for a further 65% upside back to 21 cents (which is also a key fib retracement level) - RSI is NOWHERE CLOSE TO A TOP, signaling
DOGE
has TONS OF UPSIDE POTENTIAL AHEAD IN 2024 - RCI3Lines: Red line is fully positioned above the blue & inching towards getting above the dotted white line, aka the "parabolic zone"
- Once the Red line enters the parabolic zone on this timeframe, price will go higher FASTER THAN ANYONE CAN ANTICIPATE
- High possibility of a 136% - 274% rally in the next few months as we enter the parabolic zone & previous resistance levels of 21 & 36 cents are broken, paving the way to 49 cents
THIS IS WHERE THE FUN REALLY BEGINS...
If ATH of $0.7605 is broken... $1.20 is next, 760% upside between now & then...
$2 is a possibility, which would mean 1300%+ upside is ahead...
*Not financial advice* but just my thoughts on
DOGE
as they stand right now!