Dogecoin DOGE/USD is gaining significant bullish momentum and appears to be well-positioned for a potential flip, according to an anonymous trader.
What Happened: "Crypto Tony" told his 279,000 followers that he sees $0.080 as the level for a potential flip.
The trader said if the bulls manage to break through this resistance level, it could set off a wave of gains and propel the coin to new heights.
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“If the bulls manage to take out this level then we have some solid gains to come and likely another solid meme coin run,” Crypto Tony tweeted.
$DOGE / $USD - Update
— Crypto Tony (@CryptoTony__) March 20, 2023
0.08c is the level I am looking at for a flip here. If the bulls manage to take out this level then we have some solid gains to come and likely another solid #memecoin run pic.twitter.com/uJjMpBu1qs
According to the chart shared by Crypto Tony, Dogecoin will surge to $0.089 after bouncing off the $0.080 mark.
Price Action: At the time of writing, DOGE was trading at $0.071, down 4.56% in the last 24 hours, according to Benzinga Pro data.
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