Dogecoin Stalls After 42 Days Of Flat Price Action — Is A Breakdown Coming?
Dogecoin’s chart has turned into what independent market analyst Kevin calls “literally doing nothing” for almost a month and a half. In a broadcast on X, the veteran technician recounted that the memecoin’s last decisive move was a sharp sell‑off more than six weeks ago; since then price has compressed into a narrow band, threatening to lose the structural support it reclaimed at the end of March. Dogecoin Momentum Still Weak Kevin has been monitoring the same horizontal levels for “weeks.” The upper bound of the range is the post‑bear‑market breakout retest around $0.156, while the key....
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Dogecoin (DOGE) is once again breaking out of a textbook falling‑wedge formation, and the analyst who anticipated the memecoin’s last three‑fold explosion thinks the stage is set for an encore. “Breaking crucial area, expecting solid bullish wave in midterm,” World Of Charts (@WorldOfCharts1) told his X followers while sharing a 12‑hour Binance chart. Major Dogecoin Upswing Incoming? He referenced a post from April 13 where he predicted: “Doge: We caught this big move in Oct 2024, Dogecoin went more than 3×. Now again Doge [is] on [the] verge of massive breakout… expecting 3× from here.”....
We had to pull our head out of the Bitcoin space to better understand the fundamentals behind Bitcoin’s flat action. First of all we apologise as our Bitcoin analyst Samuel Rae won’t be able to publish his daily analysis up until Friday. So for the time being, I, Yashu Gola, will be replacing him to keep up the flow, and match his skills to provide you the most up-to-dated intraday trading reports. And we do have quite a time to discuss the recent Bitcoin price action — flat and boring as one would say. Despite the last week’s impressive volatility, our dear digital currency is now....
As Bitcoin (BTC) approaches the $90,000 mark, Ethereum (ETH) remains in a consolidation phase, trading just above $1,500. This divergence in price movements has sparked discussions among crypto analysts regarding the potential future trajectory of Ethereum, particularly in light of Bitcoin’s bullish momentum. Ethereum Bull Run Potential Crypto analyst Ali Martinez recently shared insights on social media platform X (formerly Twitter), suggesting that Ethereum could ignite a new bull run if it manages to breach the critical resistance level at $2,330. Martinez emphasized that a....
A little earlier today we covered the decline in bitcoin price throughout yesterday afternoon's session, and the relatively flat action we saw as we approached the European open for Monday. Action has now matured, and a look at the bitcoin price on an intraday level offers up a bullish short-term bias, and the potential for further gains as we head into the US afternoon. So, with this in mind, what are the levels to keep an eye on? Let's take a look. Today's action has seen BTCUSD trade relatively erratically, though we remained within a downward sloping widening channel until about 2 PM....
Dogecoin (DOGE) is at risk of a significant price decline due to its network activity, which has remained flat for a while now. Despite a bullish spike in some other metrics, this on-chain metric remains vital for the foremost meme coin’s growth. Dogecoin Network Activity On The Low Data from the market intelligence platform IntoTheBlock […]