Analyst Predicts Dogecoin Price Surge To $4 Heres How

Dogecoin's price has dropped 10% over the last week and is currently around $0.24. One analyst suggests Dogecoin has been trading within an ascending channel pattern since 2014. This pattern is defined by two upward-sloping lines on a price chart. The analyst believes if the current support level of $0.19 holds, Dogecoin's price could reach $4. Conversely, if the price falls below $0.19, it could drop to $0.06. This potential increase to $4 would be a 1,500% gain from the current price.