Dogecoin Must Hold This Support Or Risk Crashing To $0.015, Analyst Warns
Dogecoin (DOGE) faces a critical juncture on its long-term price chart, according to prominent crypto analyst Ali Martinez. The widely circulated chart—originally shared via X and then dissected in a YouTube Short—shows DOGE trading within an ascending parallel channel that has guided its price action since 2014. Now, the meme-inspired cryptocurrency sits precariously above a key support zone that, if breached, could set off a severe drop. Dogecoin Crash Incoming? In the long-standing pattern Martinez highlighted, each time DOGE has bounced off the lower boundary of this ascending channel,....
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Dogecoin saw its price crash once again after a month of upward movement in April. This downturn has affected sentiment once again, pushing investors back into the fear territory. However, this might only be a small blip in the radar as the Dogecoin price could be ready for a rebound. One crypto analyst in particular has said that it is possible that the Dogecoin price has marked a bottom. Dogecoin Price Might Have Bottomed After Crash Crypto analyst Astronomer has called a possible bottom for the Dogecoin price after the rejection from $0.18. The analyst points out that the last time that....
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....
The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go. If one looks at Dogecoin (DOGE) charts from the point of view of a financial chartist, he/she will notice an alarming presence of a classic bearish structure.For instance, pseudonymous analyst Tyler Durden highlighted what appears to be a "Head and Shoulder" pattern. The trading structure forms when an asset forms three peaks atop the same support level. In doing so, its middle peak comes out to be higher than the other two. Durden flashed the Head and Shoulder-like....
Amidst recent fluctuations in the Dogecoin price and its market crash, a crypto analyst has shared a bullish forecast for this number one meme coin, identifying key support and resistance areas that could dictate its future price trajectory. The analyst has identified a “rock solid” support zone for Dogecoin, signaling a potential rally to new […]
The ongoing Bitcoin price rally risks fizzling out on a notion that the price won't hold a psychological support level.