Analyst Ali Martinez is keeping an eye on Dogecoin’s (DOGE) trajectory, while traders brace for Chainlink (LINK) and Meme Moguls (MGLS) to show significant movement in the crypto landscape.

Dogecoin to double its value?

Recently, Martinez outlined how Dogecoin faces a resistance level of $0.087 on the weekly chart. This level, indicated by the convergence of the 0.786 Fibonacci level alongside the 100-week and 200-week EMAs, is a formidable obstacle for Dogecoin. 

However, breaking through this resistance could pave the way for the Dogecoin price to reach $0.14. The prevailing sentiment surrounding Dogecoin appears bullish, with 24 technical indicators signaling positive trends. DOGE is currently trading above its 21 and 50-day EMAs, suggesting a favorable position for potential upward movement. 

Per expert Dogecoin price predictions, DOGE might climb to $0.0901 by the conclusion of 2023. This is a promising trajectory for the meme-based cryptocurrency.

Chainlink introduces new staking upgrade 

Chainlink recently rolled out a significant upgrade — Chainlink Staking v0.2. This upgraded version expands the staking pool size to 45M LINK tokens, enhancing the native staking mechanism. The revamped Chainlink Staking platform introduces various improvements, including increased flexibility for stakers and a dynamic rewards mechanism. 

This development has sparked positive momentum for the Chainlink price, increasing from $13.85 on Nov. 28 to $14.82 on Nov. 29. Chainlink has also marked 20 out of 30 (67%) green days in the last month, showcasing a favorable trend. 

With an 11.65% price volatility over the same period, analysts project a bullish Chainlink price prediction. They foresee a potential ri

Go to Source to See Full Article
Author: Guest Post

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details