In a recent interview, Gianni Di Poce, a crypto market expert says that he believes Dogecoin will reach a new high in the coming months. This is because Bitcoin is going through a tough time and people are looking for a better alternative.
“I will not be shocked to witness dogecoin at above one dollar per coin,” said Di Poce, analyst consultant and director of a market research organization, Mercator, during the Crypto Trading.
Di Poce has been a long-time advocate of digital currency and a follower of the crypto market. He believes that crypto will continue to see a significant rise in the coming years. He went on to say in his report that investors should be prepared for fresh highs in case the currency breaks its higher linear trend. And Dogecoin, which had been drifting horizontally for more than a year before bursting through the obstacle, is now at fresh all-time
There is a widespread belief across investors that the more an asset is traded, the stronger its trend will be. This shows that DOGE enthusiasts are ready for an exciting journey. As per the new market study, Dogecoin’s bullish movement might re-ignite after it formed a bull pattern that could push its price over $0.30.
Doge price chart. Source: Tradingview.com
After dropping 0.7 percent in the previous 24 hours, Dogecoin was going at $0.2804 at the time of this publication.