Dogecoin To Rally 6,770% If This Pattern Holds: Crypto Analyst
An analyst has explained how Dogecoin could end up witnessing a rally of around 6,770% if this pattern continues to follow for the meme coin. Dogecoin Has Been Trading Inside A Long-Term Ascending Channel In a new post on X, analyst Ali Martinez discussed a long-term pattern in which the weekly price of Dogecoin has been trading inside. The pattern in question is the Ascending Parallel Channel from technical analysis. A Parallel Channel refers to a consolidation pattern that forms when the price of an asset moves inside two parallel trendlines. The upper line is made by joining together....
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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 Trader Tardigrade has highlighted an interesting development in the Dogecoin price movement as it starts to trade within a range. According to technical analysis by the crypto analyst, Dogecoin is currently in a manipulation phase. Interestingly, he noted that the king of meme coins has been following the Power of Three (PO3) pattern […]
An analyst has explained how Dogecoin could observe a significant rally next if its price can hold the bottom level of this pattern. Dogecoin Is Currently Testing The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has discussed about a long-term pattern forming in the weekly price of Dogecoin. The pattern in question is the “Ascending Channel” from technical analysis (TA), which is a type of Parallel Channel. A Parallel Channel is a consolidation pattern in which the price of the asset remains locked between two parallel trendlines. The upper level....
The Dogecoin price has recently exhibited a classic bull flag pattern on its price chart, a technical indicator often signaling continued upward momentum. The Dogecoin price has mostly traded below $0.4 in the past seven days on the back of a continued price consolidation. At the time of writing, Dogecoin is trading at $0.39, sitting firmly within the consolidation phase of this bull flag pattern. KrissPax Identifies Key Target For Dogecoin Price This development of a bull flag pattern was highlighted on the social media platform X by crypto analyst KrissPax, which relays to the current....
Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved even through the crypto market dip and it seems that there is only one thing in the way of Cardano’s rise to a new yearly high. Falling Wedge Pattern Holds Back Cardano According to a crypto analyst on the TradingView website, the one thing that is holding back the Cardano price from mounting a....