Dogecoin Coiling For Monster Move Once This Price Barrier Falls: Analyst
Dogecoin is compressing beneath a dense band of weekly resistance that could unlock a powerful upside continuation once cleared, according to crypto analyst The Great Mattsby (@matthughes13). In his October 5 video, Mattsby frames the 0.618 retracement from the 2021 peak to the 2022 cycle low—marked at $0.26261—as the immediate trigger that “price is still getting rejected at,” adding: “That’s the area of interest to maybe try to close above.” Screenshots of his weekly DOGE/USDT chart show price hovering around $0.248–$0.249 at the time of recording, with a session high near $0.265 and low....
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Dogecoin (DOGE) is pressing into a technical inflection that, according to independent chartist Cantonese Cat (@cantonmeow), will either conclude the current upswing “in 2 months” or extend into a third-wave advance toward roughly $2. “Either the cycle’s over in 2 months, or it’s going to what I think is the next likely wave 3 target at $2 (1.618 of wave 1), give or take,” the analyst wrote on X, sharing a three-chart package that centers on the weekly Ichimoku profile, a daily trendline break, and multi-year Fibonacci levels. Dogecoin Cycle Collapse Or Wave 3 To $2 On the....
Dogecoin Price Key Highlights. Dogecoin price fell further Intraday and traded close to a major support area of 50.0 Satoshis. 0 Satoshis acted as a barrier and pushed the price higher. There is a monster support trend line sitting near 50.0 Satoshis, acting as a hurdle for sellers. Dogecoin price moved lower and closer to a trend line and support area where buyers appeared to prevent downsides. 53.0 Satoshis as resistance. Yesterday, we mentioned that there was adownside reaction in the dogecoin price, which took it closer to a major support area of 50.0 Satoshis. The downside move was....
Key Highlights. Dogecoin's price managed to recover some ground this past week, but it remains at risk of a move lower during the upcoming week. There is an ascending channel pattern forming on the hourly chart (data feed from HitBTC), which is acting as a support. A break below the channel support area may call for more losses in the near term. Dogecoin's price remains under a monster bearish trend line on the 4-hour chart, and an interesting pattern is forming for the next move. Ascending Channel Pattern. Dogecoin prices managed to trade a few points higher this past week after trading....
Key Highlights. Dogecoin price continued to consolidate in an important range of 41.0 Satoshis - 36.0 Satoshis. A monster barrier at 41.0 Satoshis is preventing gains and not letting buyers take control. The price is around 100 hourly simple moving average (price feed from HitBTC), which is acting as a hurdle for an upside move. Dogecoin price looks like consolidating below 41.0 Satoshis, and setting up for the next leg that can be either higher or lower. 100 MA as Resistance for Dogecoin Price. Dogecoin price continued to stay below a major resistance area near 41.0 Satoshis, and it looks....
Key Highlights. Dogecoin price failed time and again to trade higher and currently following a downward sloping path. There is monster trend line resistance area formed on the 4-hours chart (data feed from HitBTC), acting as a hurdle for an upside move. A short-term resistance area is now around 31.0 Satoshis. A break above it may ignite a recovery. Dogecoin price remains at a risk of further declines, as there is hardly any bullish sign for buyers to take it higher in the short term. Can Buyers Break Trend Line Resistance Area? As mentioned, there is a crucial trend line resistance area....