Dogecoin’s Price Drop Laying The Groundwork For A Major Upside Move, A New Al...
Dogecoin’s recent bearish performance in the past several weeks has cast doubts about its potential in the ongoing bull market cycle and its long-term prospects. DOGE may have declined sharply toward key levels last seen in 2024, but many analysts foresee a price reversal, which could be part of a larger bull trend. Trader Tardigrade, […]
Related News
Dogecoin’s weekly price chart is revealing an interesting event of an important momentum indicator hitting a level that has always been a major turning point for the cryptocurrency. After spending the past several weeks falling lower into the $0.13 price region, Dogecoin’s Relative Strength Index on the weekly timeframe has reached levels that have only appeared a handful of times over the asset’s entire trading history. The observation, first highlighted by crypto analyst Cryptollica, revisits how Dogecoin has behaved the last few times this technical condition happened. A Rare Weekly....
Dogecoin is beginning to regain momentum after a sharp drop in the early hours of January 3, a move that liquidated many traders who had been betting on continued upside. This decline wasn’t just another pullback, as it marked the most significant Dogecoin price drop in six months. As noted by technical analyst Kevin (@Kev_Capital_TA), Dogecoin has just completed its second major correction in this ongoing bull cycle. Notably, the next move is a push towards $1 for Dogecoin. However, whether this recovery gains traction will largely depend on Bitcoin’s next move, as broader market....
The recent Dogecoin market action has seen its price now hovering below $0.20 after surging to $0.208 in the past 24 hours. Despite the consolidation, analysts and traders are watching the meme coin closely, believing that the next major move could redefine its long-term trajectory. Among those voices is crypto analyst EtherNasyonaL, who predicted that Dogecoin’s third and most powerful bullish phase is still ahead. His technical analysis on the monthly chart presents a structure that reveals the groundwork for another massive uptrend to above $0.8 is already in motion. Dogecoin’s First....
Bitcoin started an upside correction above $19,000 against the US Dollar. BTC is now struggling to clear the $19,400 and $19,500 resistance levels. Bitcoin traded as low as $18,550 and started an upside correction. The price is now trading below the $19,500 level and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $19,310 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another drop unless there is a clear move above the $19,500 resistance. Bitcoin Price Faces Resistance Bitcoin price started a....
Ripple’s latest strategic move has sparked fresh discussions on whether it is positioning itself as the modern successor of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). A crypto pundit has highlighted the company’s quiet expansion through global payment corridors, arguing that Ripple’s investment in regulated infrastructure is laying the groundwork for it to potentially […]