Can DOGE rise even higher after Elon Musk’s recent Dogecoin interaction?

TL; DR

Dogecoin is back above $0.14, likely fueled by Elon Musk's recent appearance at a Trump rally and his playful criticism of the meme coin.
Analysts see price increases to $0.175 or higher if there is resistance. They are broken Up up.

DOGE on the run again

of The biggest meme coin into terms Top 10 best performing cryptocurrency by total market capitalization today (October 28). Up 6% on the day, currently trading well above $0.14.

DOGE's resurgence can be linked to Elon Musk's recent interactions. The Tesla CEO attended Donald Trump's rally at Madison Square Garden on October 27.It has been scheduled (November 5)

Trump also spoke again about establishing a potential government efficiency agency (DOGE) if he wins the White House. The purpose of the division is to give Americans a fair tax and leave Being a leader in musk himself.

Soon the boss of Tesla Posted Interesting photo of him on Ex.

Dogecoin fans were happy to see a direct reference to their favorite cryptocurrency, with some saying the move could have a positive impact on the entire meme coin sector.

More DOGE pump?

Many analysts believe that the property is yet to experience a significant increase. of Famous X user Ali Martinez He predicted DOGE breaks above the $0.143 resistance, with a 25% rally to around $0.175. Currently, it is trading slightly above that level.

Crypto candy is also included Guess In the year A new bull run similar to the one seen in 2021. Keep in mind that DOGE estimates went from around $0.05 in early April 2021 to over $0.70 a month later (a staggering 1,300% increase).

$DOGE of MEME OG rose on the weekly timeframe and started to set up for the next bull run. Waiting for the bull run as usual pic.twitter.com/zLHQWsRUwt

— Crypto Candy (@cryptocandy24x) October 28, 2024

For their part, BitBull He predicted A big green candle with Dogecoin rising to $0.60 early next year.