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The unlikely price goal of Dogecoin has returned to the spotlight after the independent catetone cat (Cantonmeow) participated in an Ichimoku on July 3. One country sign.
DOGECOIN dream of $ 1
the Projection DOGE’s ability to maintain the current bullish structure over Ichimoku cloud, with a brief re -test later this year during takeoff. “Doge Candles, Cloud Cloud indicated. Why do I buy Doge? Because I am an illusion and this is what I am thinking about,” the trader wrote, and in recognition of self -awareness with the cheek with the condemnation in the long -term scenario.
At the time of the planning of the scheme, Dogecoin was trading at $ 0.172, an increase of approximately 14 % per weeks. The price of the price shows a clean bounce from the top of the green Ichimoku cloud, indicating that DOGE carries a bullish structure on the high time frame, which is a major technical standard in the theory of Ichimoku trend.
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Ichimoku (kumo) cloud appears in the two-week timeline, calculated by the traditional 9/26/26/26 settings, the leading sedition A (Senkou A) over the leading period in Senkou B), which forms a green cloud-influencing the upper direction. Dog’s price is higher than the cloud, which works as dynamic support. This is very important: Ichimoku practitioners consider that the price is higher than the cloud in an upper system, especially in the higher time frames.
The black hand curve starts to the analyst on the graph near $ 0.17, and is initially given down, touches the upper borders of the compound in the near future, probably near the 0.15-0.16 region. This indicates an expected re -test to support the cloud, which is a common preparation in the circulation of continued direction. Instead of dropping a collapse, the curve depicts this call as a starting point for a quick vertical crowd.
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Once the price continues its cloud re-testing, the path is greatly descended, as the public resistance is punctured near $ 0.29-the approximate Kijun-Sen level-which continues in the past before 2024. The final extension of the currency is accelerated towards one dollar level at some point in 2026, in line with the behavior seen in the previous stages of the Mayikin obsession.
Interestingly, the Cat Cattonese condemnation comes despite many declining signals in the short term. Just two days before publishing the graph, the analyst wrote: “Dog closed the month below SMA for 20 months, with a dominant dominant candle! I will take care if the folder was not compassionate …” This statement admitted structural weakness but refused it on the basis of the decrease in participation.
On the same day, the trader revealed renewable inputs in Dog and Avalanche, saying: “I don’t know if I do it correctly, but I bought Avax and Doge again this morning.”
Wider
The DOGE’s special condition makes the exposed in particular feelings of feelings, and are still not related to the basics of the traditional sense. However, in the Taurus 2021 and 2024 markets, DOGE was an agent of retail risk, and often outperform the performance once attention is recycled from specializations such as Bitcoin and Ethereum.
Green cloud expectations and the path of ascension to 2026 may not only reflect technical settings, but the broader periodic expectations: that another wave of liquidity, speculative obsession or cultural importance may return to the limelight. Currently, the price should keep the cloud before the market can check this road map.
At the time of the press, Dog was traded at $ 0.1678.
Distinctive image created with Dall.e, Chart from TradingView.com
