Here’s The Dogecoin Resistance Level That Is Stalling A 402% Move
Crypto analyst Javon Marks has released a fresh update on Dogecoin (DOGE), continuing a price analysis he has consistently shared on X since earlier last year. His latest update focuses on a resistance level currently holding Dogecoin back from a 402% rally, which could trigger a move to its next bullish target. Key Resistance Level Limits Dogecoin’s Upside Potential According to Marks, Dogecoin is holding above a key “resisting trend break” that was established following a prolonged downtrend. This level is important because the price has not fallen below it, indicating that the meme....
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Over the last few days, the Dogecoin price has struggled to hold up with the Bitcoin price hitting multiple resistances. This has triggered a wave of liquidations for crypto traders who have been betting on the price to go higher. The decline has also raised concerns as to whether the bullish rally that began at the start of the month is finally over. Dogecoin Price Faces Major Resistance Crypto analyst MindfullyLost has explained what is plaguing the Dogecoin price recently. According to the crypto analyst, the Dogecoin price has seen good support on the 4HR, which has continued to be....
Dogecoin price struggled throughout this past week, and it looks like there is a chance of more losses towards the 55.0 Satoshis area. Intraday Support Level – 60.0 Satoshis. Intraday Resistance Level – 63.0 Satoshis. Dogecoin price made an attempt to trade higher this past week, but the downside pressure was such that sellers managed to take it down. There was a continuous downside moves which prevented the bulls to take the price higher. There is a bearish trend line formed on the hourly chart (data feed from HitBTC), which acted as a catalyst in the short term. The price is trading near....
Dogecoin Price Key Highlights. Dogecoin price remained weak and stayed below an important pivot area of 50.0 Satoshis. As long as the price is below the mentioned area, more losses cannot be discarded moving ahead. There are many hurdles on the way up for buyers, so they might struggle to take the price higher. Dogecoin price is trading below 50.0 Satoshis and it is likely that it might head further lower in the short term. Break below 46.0 Satoshis? As we know that the Dogecoin price moved lower this week, and even traded below a very crucial support area of 50.0 Satoshis, Due to this,....
Dogecoin Price Key highlights. Dogecoin price is still stalling around the near-term support level, which has held since yesterday. Price has pulled back to the dynamic resistance at the 100 SMA and made another attempt to break below the support at 47.5 Satoshis. Dogecoin price is currently hovering at the consolidation support level and latest lows, with a potential downside break likely to confirm a pickup in selling pressure. Further consolidation possible. The lack of any market catalysts or liquidity could open the possibility of further sideways movement for dogecoin price, as the....
Key Highlights. Dogecoin prices after consolidating for a brief period traded higher and settled around an important resistance area. A move towards the last high of 88.6 Satoshis is likely moving ahead, but buyers need to clear 72.0 Satoshis to achieve it. There was a critical support formed around 64.0 Satoshis, which held the downside and the price consolidated for some time before buyers came into action. There is a monster triangle formed on the hourly chart of Dogecoin, which might act as a market mover in the near term. A major resistance at 68.5 Satoshis was stalling the upside in....