Dogecoin Price Forecast: DOGE coils up for an upswing as alt season clocks in
Dogecoin price has heeded the invite to the alt season to trade with a bullish inclination and record more gains for investors. Despite overhead pressure due to multiple supplier congestion zones, DOGE bulls have put the right foot forward and now the meme coin is preparing for another northbound move.
During a press conference following the 25 basis points hike, Federal Reserve Chair Jerome stated that the Fed is going to continue reducing its balance sheet and will closely monitor incoming data, actual and expected effects of tighter credit conditions.
Shiba Inu (SHIB) price is setting the stage for a breakout trade later in the US session on Wednesday. The chart points to an inflection point with several indicators and bulls need to roll the dice here if they want to use the momentum to their advantage. With the price action being underpinned and some ample room to move higher, bulls are could book up to 30% gains on the back of this breakout trade.
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