The price of Dogcoin seems to be ahead of $ 1 level, after breaking the resistance direction line. Encryption Trader tardigrade It presented a schedule when this tremendous increase like Doge Rallies can occur to the highest new level (ATH).
Dogecoin PRICE EYES RALY higher than $ 1 after breach of the resistance
in X postTRADER Tardigrade expects that the price of Dogcoin can exceed $ 1 after a break over the resistance direction line. He revealed that Dog had separated from the middle of the period The resistance direction line Noting that there is no sign of a wrong break.
He added that this price movement is very similar to that in February 2024, when there was a huge increase after a period of momentum.
Watching with this, confirmed this if Dogecoin price It leads a similar accumulation, then a huge increase can occur in May 2025, with Mimi’s scoring over the brand of $ 1. His accompanying scheme showed that Duj has risen from about $ 0.09 to an altitude of up to $ 0.18 in the last time that a similar momentum has seen the accumulation of a similar momentum.
In another X Publishing, also offer a thunderbolt look at the Dogoin price. The analyst confirmed this Duj and Aikov accumulated You did not miss. Trader Tardigrade noted that in the C stage, he followed the spring test, which is a signing step in the Wyckff accumulation.
Meanwhile, the D stage was characterized by several low support points (LSPS), SOS, and backup (BU). He added that once Dogecoin is combined around a range of $ 0.18 for a period of time, it will enter the E stage to complete the style and launch a huge march for the Mimi coin. The price of Dogecoin is expected to reach $ 0.26 in the E stage before collecting to new levels.
Dog’s performance was good in this course
In X Publishing, Curd analyst Kevin Capital It was mentioned that the price of Dogecoin has already led “exceptionally” well in this course, taking into account the total conditions of high interest rates, decreasing money supply, high altitude and tightening quantity. Accordingly, Dog is expected to do better when monetary mitigation policies begin to appear.
It is expected that the price of Dogecoin may gather to at least $ 3 when there is an increase in cash supply and reduce interest rates, with the Federal Reserve’s expectation to reduce prices by June and July. The analyst noted that there is also less enlarged, which is clear through the real fading index.
Therefore, quantitative tightening policies are likely to end soon, which are bullies of the leading Mimi currency. It should be noted that the price of Dogecoin rose to the highest current local level of $ 0.45 yet Reducing interest rates in the federal reserve last year.
At the time of writing this report, the price of Dogecoin is traded by about $ 0.18, an increase of approximately 3 % in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Unsplash, tradingvief chart
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