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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An analyst has explained how a Dogecoin monthly close above this level could pave the way for the memecoin to retest its all-time high (ATH). Dogecoin Is Trading Around The Lower End Of An Ascending Channel In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that the monthly price of Dogecoin has been showing recently. The pattern in question is an “Ascending Channel,” which is a type of Parallel Channel. Parallel Channels form when an asset’s price consolidates between two parallel trendlines. The upper line is likely to provide....
Crypto analyst EWT has made a bullish case for the Dogecoin price, predicting it could rally to as high as $8.5. His analysis explained why the foremost meme coin could reach such an ambitious price target. Analyst Predicts Dogecoin Price Rally To $8.5 In an X post, EWT predicted that the Dogecoin price could rally […]
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....
Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH). Why $0.28 Is The Next Major Milestone For Dogecoin’s Road To ATH In an X post, Dima Potts revealed that $0.28 would be the next major milestone for Dogecoin on its road to a new ATH. The analyst stated that he expects DOGE to move towards the $0.28 range, similar to the previous cycle. As such, he remarked that this range marks the next major....
The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level. Dogecoin Price: Will It Pump Or Crash? According to a TradingView crypto analyst known as ‘Mindbloome-Trading,’ the Dogecoin price is on the verge of an exponential pump that will push its value above the coveted $1 mark. The....