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the Dogecoin price It closes the critical technical trend line that can ignite its next main gathering. After months of The descending pressureAnalysts are looking to achieve a possible outbreak towards the long -awaited goal.
1 dollar seeks the price of Dogecoin is closer than ever
Cross analyst Sayyid Kinobi Secure The price of Dogecoin can reach a desired $ 1 goal before the end of this market round. Based on his technical analysis, Doge again reflects a historical style that previously led to An increase in explosive price.
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The analyst A. Dogecoin price scheme With two of the two main sections. The first green box appears, from September to November 2024 The direction is going down. After this penetration, the price has increased dramatically over the next 55 days.
It is worth noting that the descending trend line is a strong resistance for several months. However, with a dogecoin momentum, Master Kenobi believes that strong collapse is imminent.
Looking at Dige workIt appears that the same conditions are formed again. Master Kenobi technical analysis indicates that the collapse is higher than the current disputed resistance line can provoke a similar crowd, can take Dogoin from its current price from $ 0.158 to $ 0.9 or even $ 1. Such a move represents an amazing profit of about 533 %.
Similar to the previous trends, the current DOGECOIN graph indicates an expected step for 55 days after penetration, as the Green and Square Arrow indicates a path to the conservative goal of $ 0.9. This would put the targeted Dogecoin window within the first few weeks of June, and are closely compatible with historical timelines of the last major penetration.
In addition to optimism, The relative strength index of Dogecoin (RSI) It is currently about 43.35 – a level that is usually neutral to the sales zone. The current descending resistance line has already been tested several times, which means that the clean daily closure may cause Dogecoin excitement The next main assembly.
Dogecoin Rsi turns from landing to climb
Dogecoin shows promising signs of a bullish reflection after a major outbreak of a 4 -hour graph. According to the hadith Planning analysis By Tardigrade, Dogecoin A Forming a falling sorry It is preparing to continue the upward trend. The penetration was confirmed as RSI was crossed above the level of 50, indicating a shift from the landing to Saudi feelings Among the merchants.
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Before the outbreak of the falling sorry, Dogecoin was circulating in a descending channel, characterized by the highest low levels and lower lower levels. Often this style precedes The highest price movementAnd it seems that Dogecoin follows this trend. As a result, the analysis indicates that Dogecoin can press towards stronger Resistance levels short term.
Distinctive photo of Pexels, tradingView graph
