Dogecoin to Hit a New High? Analyst Says It’s Possible Despite
The meme coin industry has been moving rather slowly over the past couple of weeks. While several assets managed to revisit their all-time highs or set new ones, Dogecoin (DOGE) and Shiba Inu (SHIB) were still at a distance. The OG meme cryptocurrency DOGE soared to a high of $0.7376. This happened about four years ago, in 2021. The asset has been struggling to reclaim this milestone again. The closest that DOGE has surged to is $0.4835. Despite this, an analyst is optimistic about the meme coin’s potential ascent. Also Read: Gold Hits Record $3,167: How Trump’s Tariffs Are Fueling the Surge Analyst Urges Investors To Remain Positive Source: Watcher Guru According to an analyst, Dogecoin’s three-month chart is reportedly showing positive indications. In a recent post on TradingView, the expert pointed out that the asset’s price has been forming higher lows. This further suggests an upward trend. But the Relative Strength Index (RSI) is on the decline. A “bullish ...