Dogecoin Shows Striking Resemblance With 2017’s Price Trend, Will It Trigger ...
A potential shift from bearish performances in Dogecoin’s price seems to be on the horizon as the chart shows an encouraging trend of growing bullish momentum. With DOGE’s upside strength gradually building, analysts believe that the meme coin could be entering the beginning of a notable price move to higher levels. Is Dogecoin’s History About […]
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Following the general trend of the crypto market, the Dogecoin price has been stuck in sideways action for a while now. Mostly, there has been more dominance toward the downside compared to any opportunity for a recovery, and this has pushed it toward critical support levels. Amid this, the meme coin has shown a lot of weakness and the overall trend remains generally bearish in favor of further price decline. Why Dogecoin May Crash Instead Of Recover With the Dogecoin price already struggling, crypto analyst RLinda believes that the bearish action may continue to dominate for a while. She....
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. Ethereum Price […]
According to the analysis by ETHERNASYONAL, the current Dogecoin price chart is forming a clear pattern that could lead to a significant breakout. The price setup suggests that once the Dogecoin breaks past a key resistance level, a 600% rally could follow. If momentum continues to grow, Dogecoin might see a powerful rally that could send its value far above $1.5. Dogecoin Price Chart Shows A Classic Cup And Handle Pattern Forming ETHERNASYONAL’s analysis on X highlights that there is a clear Cup and Handle formation on the Dogecoin linear chart. Analysts see the formation as a classic....
Key Highlights. Dogecoin price is possibly trading at a major crossroads, as there is a range formed on the hourly chart. Secondly, the price is currently testing a monster bearish trend line formed on the 4-hours chart. A break above the highlighted trend line and resistance area may trigger an upside rally. Dogecoin price is above the 100 simple moving average (4-hours chart), which may encourage buyers to break the trend line and resistance area. Break likely? Dogecoin price recovered well recently, as it traded above a major hurdle of 35.0 Satoshis, and the 100 MA on the 4-hours chart....
An absolute calm has engulfed Dogecoin as the price remains trapped in a tight range of 50.8-51.9 satoshis. The market is severely testing the patience of the short-term traders, who now fear that a surprise breakout could trigger huge losses. The market may be waiting for a trigger to break free but until that happens, it would only be wise to trade the range with minimum quantities. Dogecoin price chart, Dogecoin analysis. Nothing much has changed in the past 24 hours in terms of price (the current value of each Dogecoin is 51.1 satoshis) but the chart structure has definitely....