DOGE’s Price Is Looking To Break Out of a Consolidation Channel By CoinEdition

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DOGE’s Price Is Looking To Break Out of a Consolidation Channel

Cryptocurrency Jan 24, 2023 10:00AM ET

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DOGE’s Price Is Looking To Break Out of a Consolidation Channel

DOGE/USD

-2.55%

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DOGE’s price has dropped 1.06% over the last 24 hours.

Crypto analyst believes that DOGE will hit $1 a coin.

The meme token’s price is attempting to break out of a consolidation channel.

Dogecoin’s price has experienced a 1.06% drop in the last 24 hours. According to CoinMarketCap, the price of Dogecoin (DOGE) is trading at $0.08883 at press time. Despite the 24-hour drop in price, DOGE’s weekly performance is still in the green at +5.44%.

Crypto analyst, Captain Faibik, tweeted his optimistic take on the popular meme coin. In the tweet, the analyst stated that “DOGE is loading,” and that it will always lead the altcoin season. The analyst concluded the tweet by stating that it is just a matter of time before DOGE’s price hits $1.

The post DOGE’s Price Is Looking To Break Out of a Consolidation Channel appeared first on Coin Edition.

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