Dogecoin On Track To $0.10, 'Waking Up' From Bottom: Analyst

Dogecoin DOGE/USD might be set for a turn-around, widely followed pseudonymous crypto analyst Kaleo said.

What Happened: Kaleo tells his 575,900 Twitter followers that a significant surge in DOGE's price could be on the horizon.

The analyst on Thursday tweeted, "DOGE is waking up."

Kaleo argues that DOGE shows potential for a bullish reversal trend, with his chart predicting a 15% surge.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

According to the analyst, DOGE hit a bottom price on Wednesday at the $0.0815 level.

Kaleo expects DOGE to break resistance at $0.0873 and cross the $0.10 mark. "Break above the line, and accelerate back to ten cents with haste," he tweeted.

Price Action: At the time of writing, DOGE was trading at $0.08988, up 3.22% in the last 24 hours, according to Benzinga Pro.

Market News and Data brought to you by Benzinga APIs

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Dogecoin On Track To Hit $0.10 As It's 'Waking Up' From Bottom, Says Analyst