Dogecoin Set for Major Surge, Says Peter Brandt: Musk’s Influence Could Push It Higher

Peter Brandt, a veteran trader, predicts a significant surge for Dogecoin (DOGE), citing a key technical indicator—a “channel breakout”—that suggests potential new all-time highs.

Brandt’s optimism is tied to Tesla CEO Elon Musk’s ongoing support for the meme cryptocurrency. Which he believes fuels substantial price accumulation. Musk, known as the “Dogefather,” has frequently boosted DOGE’s value through his endorsements.

Including allowing Tesla to accept DOGE for payments and SpaceX using it for the “DOGE-1 Mission to the Moon.” Brandt’s analysis suggests that DOGE is primed for substantial growth. Especially with Musk’s backing.

Clever Robot News Desk 8^th November 2024