Dogecoin price could rally 20% in July with this bullish reversal pattern
DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history. Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market.79% chances DOGE will extend its rebound moveDOGE's price appears to have been painting a "bump-and-run-reversal (BARR) bottom" since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: Lead-In, Bump, and Run.The "Lead-In phase" sees the price consolidating inside a narrow, sideways range, showing an interim bias conflict....
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Key Highlights. The Dogecoin price started a correction phase and currently forming a major triangle pattern on the hourly chart. Buyers need to step in and take the price above the highlighted triangle for a rally towards 45.0. Looking at the feed from CEXIO, there is already a break in favor of buyers above a bearish trend line. Dogecoin price is showing important signs of reversal and eyes a break above the 100 hourly MA for more gains. Importance of 100 MA. We were anticipating a corrective rally in the Dogecoin price, and it broke the shackles around 30.0 Satoshis. The corrective....
Dogecoin was struggling beneath its immediate resistance mark over the past 72 hours. The meme coin was seen consolidating on its charts. In the last 24 hours, Dogecoin barely displayed any price action. Bitcoin was seen trading above the $40,000 mark finally which displayed signs of strength, altcoins were yet to follow the same price action. The current price movement of Doge has managed to invalidate its recent rally. If the coin manages to break past the $0.151 mark, the coin can begin to rally again providing respite to traders. Currently, Dogecoin has been moving between the price....
Ether price could drop by 45% because its ascending triangle breakout looks unconvincing so far. Ethereum's native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence.Merge-led Ethereum price breakoutETH's price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential moving average (5-day EMA; the red wave) and a descending trendline (black) serving as a price ceiling since May.ETH/USD daily price chart. Source: TradingViewPreviously, Ether rallied by over 40% from $1,000 on....
Dogecoin’s price has been optimistic over the last week. The coin secured double digit gains over the last seven days, it rose by nearly 20%. The meme-coin has been experiencing rigid resistance at the $0.07 level and if it trades around the current price level, it could fall to its next support line of $0.05. The bulls have tried to show signs of recovery as the coin tried to move upwards slowly over the past few days. On the shorter time frame, DOGE has lost some of its market value. Over the last 24 hours, Dogecoin depreciated by 4%. Technical outlook for the coin has also....
SOL's interim upside target is near $47, up about 20% from its current price. Solana (SOL) continued its recovery trend on June 28 while inching closer to triggering a classic bullish reversal setup.SOL's price gained 2.42%, reaching an intraday high of $39.40. The SOL/USD pair is now up 50% as a part of a broader retracement move that began on June 14 after falling to lows of $26. SOL/USD daily price chart. Source: TradingViewSolana price eyes 75% rallyThe latest buying period in the Solana market has been painting what appears to be an "inverse head and shoulders pattern (IH&S)"....