Dogecoin is currently trading at $ 0.169, Continue to retreat After reaching $ 0.19 in late April. However, work rates during the past few days It still shows some strength Compared to the collapse to $ 0.14 in early April. Despite this frequency in the assembly, the M -currency builds a structure that can be essential for greater move. According to the graphic drawing by the Crypto Masteranda analyst, it may be already constant unification Introduction to a major collapse Remember the explosive communities of Dogecoin in previous sessions.
Dogecoin Planning Pattern hints to repeat the previous ups
essence Masteranda analysis It lies in a frequent structure of the three lowest levels on the diagram of the daily Dogecoin candlestick. These bottoms are classified (1), (2), and (3) and appears on both the left and right sides of the graph, as shown in the scheme below. On the left side, these three bottoms were developed between July and October 2024, each of which represents a stage of price corrections. The current style on the right side follows a strikingly similar path, with the same stickers that indicate their lowest levels in the last market in 2025 price structure.
The formation of a higher decrease at point (3) in September 2024 led to a significant rise to take DOGECOIN to a level of $ 0.50. According to the analyst, Dogecoin now reflects the same setting, as the current low (3) also a decrease in the highest percentage to (2).
Moreover, the descending wedge pattern that spanned the February period to April was already broken. However, although the subsidy zone of $ 0.145 has kept three times over the past two months, there is a possibility It can be re -tested again About the third level.
The analyst says the purchase strongly and keep it through retrieval
Based on this analysis, Dogecoin can re -test the region at $ 0.145 again to complete The formation of the third depression Before recovering up. However, Masteranda’s advice is only a conservative. In his TradingView publication, he indicated that this is not a time to sell Dogecoin. Instead, he called for panic, and insisted that Dogecoin has entered the strongest growth phase since the Taurus 2021 market. Readers urged to remove stops and deal with any short -term decline as a rare purchase opportunity. If you can’t buy more, just hold.
The last of this composition in 2024 led to a 380 % break to the highest level in a multi -year year at $ 0.48. If the same style is turned on again, then a similar ra collection from $ 0.145 will lead to a price of $ 0.70, which effectively brings Dogecoin Return to the high term at all. While Masteranda did not explicitly call for this extremist goal, it has set a step more than $ 0.40 as a minimum for expectations based on the current preparation.
At the time of this report, Dogecoin is traded at $ 0.1695.
Distinctive image from Getty Images, Chart from TradingView.com
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