Dogecoin at $ 0.01 before 2023?
The DOGE coin prices jump by 10% with a bullish breakout of a rounding bottom pattern. Currently, the DOGE prices are 2.20% down at $0.080.
Coming back to price action, stretching a Fibonacci retracement within the rounding bottom perfectly aligns with the recent breakout spike. As the recent jump in DOGE price creates a high close to the 1.618 Fibonacci level.
Considering the DOGE prices continue to consolidate a bit within the below $0.083 before starting the prevailing trend.
The next potential spike in the DOGE coin price can reach the 2.618 Fibonacci level at $0.0972. Traders can find the $0.083 breakout as an entry spot to ride the next rally.
Therefore, there is a high possibility that we can see the dogecoin price, reaching the $0.10 mark before the end of 2023.