The stages of the price of Dogcoin bounce from the lower boundary from the second fall sprays, new, non -secure targets?
the Dogecoin price It is currently back on the lower border of the falling shed pattern, indicating the possibility of a strong upward momentum. The encryption analyst has made it clear that if the cryptocurrency is able to break these limits, it may reach several new emerging goals soon.
Dogecoin price is the next upward targets
Dogecoin shows signs The potential upcoming reversal It is a decline because it bounces from the lower border to form a second fall. A Shed It is considered a bullish technical pattern that appears when the price of encoded currency is two lines of the close trend down. It indicates that it is possible Healing from Haboodi trends And increase a subsequent price after a fracture over the upper direction line.
According to Rose Premium Signs on X (previous Suggest It may prepare for A big outbreak. Mimi recently touched a decisive support zone near $ 0.16896, as buyers intervened to stop the downward trend. The price level represents this lower limits of the second fall, which is currently worn by Dogecoin.
The acute bounce may lead to a level of 0.16896 dollars Previous upcoming bullish momentumThis indicates that the worst correction may end. In the past few weeks, the price of Dog was a long drop, driven by a wider range Market fluctuation and bitcoin fluctuation. Meme is currently working to merge less than $ 0.2, aimed at stabilizing its price after gathering to its highest new levels earlier this year.
Rose Premium’s references shared a 3 -day plan that indicates a gradual decrease in Dogecoin sale pressure. If the Meme currency succeeds in breaking the resistance to the fall of the falling counted, the analyst predicts that there is a possible gathering of about four main biological goals.
The first goal is $ 0.23, which is a major resistance level as profit may occur. The second goal is $ 0.287, which is a previous support level that has turned into resistance. The third is $ 0.340, which will represent a large outbreak that can increase gains. Finally, the analyst expects a long -term target of $ 0.445 if Doge can maintain its upward momentum.
Looking at the path of the analysis Dogecoin scheme, the Meme currency is expected to reach $ 0.445 before going down to the support level of $ 0.291. After that, this decrease was set to lead to another important gathering, which prompted the price of Mimi currency over $ 0.56.
Pisces accumulate fuel at Doug’s prices
Dogecoin price is currently trading at $ 0.19 yet crash More than 10 % in just one day. Coinmarketcap data reveals that Dogecoin has witnessed a slight increase in prices over $ 2 recently, but it failed to maintain its upscale momentum, which led to this A state of decline.
Amid this volatility and prices, Dukwin whales The symbols accumulated at an anxious pace. The encryption analyst and supporter of Dogecoin was determined as “Dogegod” on X Declare These deep investors have bought 40 million other symbols in DZD in the past 24 hours. This noble purchase is equivalent to 30 million dollars, indicating an increase in interest in the popular Mim currency.
Distinctive image from Unsplash, Chart from TradingView.com
