Dogecoin Consolidates Below Key Supply Level – Analyst Expects Rally Soon
Dogecoin (DOGE) is consolidating below a critical resistance at $0.43, a price point that has captured the attention of traders and analysts alike. This key level, acting as a significant hurdle, is widely seen as the launchpad for a potential parabolic rally. If DOGE manages to break above this barrier, it could enter uncharted territory and achieve new all-time highs. Related Reading: Shiba Inu Could Increase 75% If It Holds Current Level – Analyst Shares Price Target Renowned crypto analyst Ali Martinez recently shared a detailed technical and macro analysis on X, highlighting....
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Crypto analyst MadWhale has provided a bullish outlook for the Dogecoin price. The analyst predicted that the foremost meme coin could witness a significant rally and highlighted support areas that market participants should focus on. Dogecoin Price To Witness A 37% Surge In a TradingView post, MadWhale predicted that the Dogecoin price would likely witness a 37% rally to $0.55 soon. However, the crypto analyst warned that short-term bearish movements or consolidation phases could occur before the major uptrend. MadWhale suggested that this wasn’t something to worry about, as these....
Bitcoin has been flashing some signs of strength today as its buyers attempt to flip $16,000 into a support level Although it has yet to reject at this level, it has also been unable to secure a firm foothold above it One on-chain analyst is now noting that he expects Bitcoin’s ongoing rally to extend significantly further before buyers are met with any significant resistance He is specifically watching for a move to $24,000, noting […]
The Bitcoin price has been trading in a tight range around the $37,000 price level through the weekend. This tight trading suggests that there is a lot of fighting going on right now between the bulls and the bears as each camp tries to gain an upper hand over the other. As this tug of war continues, a crypto analyst has presented the most important level that will determine whether the bulls or the bears will claim dominance. $31,000 Is The Magic Number For The Bitcoin Price Crypto analyst Ben Vouh took to TradingView to share their analysis of where the price of Bitcoin will be depending....
An analyst has explained how a pattern forming in the Dogecoin price may suggest a rally to $1, if historical trend repeats this time as well. Dogecoin 1-Week Price Appears To Be Forming A Classic Pattern In a new post on X, analyst Ali has discussed how DOGE seems to have been showing a classic pattern in its weekly price once again. This trend involves a technical analysis (TA) pattern called the “Descending Triangle,” which, as its name suggests, is shaped like a triangle. The pattern involves two trendlines between which the price of the asset consolidates; one of these is....
The much-anticipated major bull run for Dogecoin could be on the horizon as a crypto expert has asserted that DOGE is preparing for its next rally, potentially to a new all-time high. This prediction comes after DOGE’s recent upswing in the last few weeks, suggesting a revival of its bullish momentum. Dogecoin Poised For Massive Gains In The Upcoming Weeks Amidst rising optimism in Dogecoin, Trader Tardigrade, a seasoned crypto expert and investor, has declared that the meme coin is gearing up for its next major run. Trader Tardigrade shared his prognosis on the X (formerly Twitter)....