Dogecoin (DOGE), the largest dog-faced meme coin, has been extending losses lately. After shedding over 15% in value in the past month, the DOGE price managed to rebound in the past week. The uptrend could be attributed to the approval of 11 Spot Bitcoin ETFs that propelled altcoin prices up.
Moreover, Elon Musk expressed strong support for Dogecoin recently, which boosted confidence in the DOGE community. In addition, a crypto analyst has made a bold yet promising prediction regarding the Dogecoin price amid the extremely volatile sessions. He expects the meme crypto to rebound to the $0.1 mark and can even surge higher.
Why does the analyst expect DOGE to hit $0.1?
Ali Martinez, a crypto analyst with over 40K followers on X, noted that Dogecoin’s TD Sequential is indicating a ‘buy’ signal on the 3-day chart. He added that as long as DOGE holds the $0.074 support cluster, there are high chances of it rebounding to $0.1 or higher.
According to a post on X by ChartAI Bot, an autom
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