After its reversal of major support .. Dujakin targets the level of $ 3

The Dogyin is a slight bounce from $ 1.6 to $ 1.7 after increasing 2.8% in the past 24 hours, trying to penetrate its highest level in 30 days at $ 0.28, and moving towards its highest annual level at $ 0.48.

From that level, the Dogin currency can try to penetrate its highest price ever, at $ 0.73 before targeting the expected area at $ 3.

In light of these expectations, the investor confidence appears to be increasing with the expansion of the Dujakin network during the past months, according to the data that the analyst “Ali Martinez” has participated, the number of new Dogkin’s addresses has doubled from 16,400 to 34,600 titles.

Meanwhile, analysts believe that the Dogin currency has maintained a decisive support level that could determine its next movement.

“Ali Martinez” believes that a successful retention above the current price can lead to the currency reaching $ 0.5, and then to 3 dollars. It is interesting that the potential height has been confirmed by the RSI ROS Index.

By analyzing historical data, it recorded an increase of 88% and 187% in October 2023, and February in 2024, respectively, after the Rocal Power Index of shares began at an upper intersection.

If this support continues, we may witness a reflux towards the middle or upper limit within that price canal.

Another analyst who noticed a repeated pattern in currency price movement, based on historical moves.

The analyst also indicated that it usually constitutes an initial bottom when the RSI RSI index enters the saturation area. When reading the relative strength index in the saturated saturation area remains for a while, the currency records lower bottoms, and the Dogin currency can witness an explosive rise if the date is repeated.

In response to those weightings, the whales collect the currency intensively, as 1.7 billion currencies were purchased at a value of $ 298 million in just 72 hours.

This prompted LUMEN Security analyst by weighting the ups of the ups before the potential approval of the ETF trading fund on the Dujakin currency, and at the same time, the judgment was postponed on alternative currency trading boxes to determine the change of the proposed base.

According to LUMEN’s security note, there is a high possibility that the currency will reach $ 0.5, once the price reaches $ 0.2 before approving the fund, and it is also believed that Elon Musk from Tesla may resume its usual upcoming upcoming currency publications.