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Dogecoin (Doge) again comes out of the formation of the school book argument, and the analyst who expected the last three Memecoin explosion is believed that the stage was appointed to appear. “The breaking of the decisive area expects a solid upward wave in the middle of the period,” said the world of plans (@worldofcarts1).
The pioneer Dogeco Upswing mentioned?
he Referred to Published from April 13, where it predicted: “Dog: This big step caught in October 2024, Dogecoin went more than 3 x. Now DOGE again [is] on [the] The huge edge of penetration … with 3 x expectation from here. “
The chart shows five months of pressure that started when Dog topped less than $ 0.48 in early December.
Since then, each gathering has stopped below the descending resistance line, which now penetrates the mid -$ 0.155 region; Parallel support currently tracks an area of $ 0.14 after the expansion of a pair of seminars surrender in March and April. The price now explodes from the upper limits for the first time in nearly two weeks.
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The World of Charts overcrowding begins at the virtual collapse of more than $ 0.17, and offers a vertical progress of $ 0.21804, which implicitly means only a basic goal of $ 0.39 – profit 138 % of the trigger and an amazing distance from the psychological handle of $ 0.40. If the preparation provides the same wedge size last year, it can eventually test $ 0.65, which complements a new rally three times.
It is difficult to ignore the temporal symmetry behind the call: the current wedge has pressured for about six months, reflecting the monotheism that preceded the October – December 2024 eruption from $ 0.11 to $ 0.48. The size has been diluted with each shrinkage cycle, which is a classic signature before beating, while the momentum volatile on the lower time frames has begun to tend to positive as the stains are retrieved 50.
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Other analysts continue to focus on bitcoin grip on a beta on the market. “If BTC collapses more than $ 89,000 and shows the condemnation up, I think Dogecoin dates back to $ 0.26, relatively fast,” Warnings Kevin (Kev_capital_ta). “BTC retains cards as always, especially with BTC’s dominance that pushes the higher and critical policy in narrow.” In his analysis, it represents $ 0.26 to a decrease of 0.618 Fibonacci for the November slide to March, which represents the first fundamental obstacle even if Dog has wiping the veil resistance.
From a disciplinary perspective, the battle lines are now sharply drawn. The decisive daily closure above the direction line and a successful test will confirm the collapse, turn the scope of red to a starting point, and expose successive goals. Failure to keep the price installed inside the style, with any slide less than $ 0.15 risking a slide towards structural support at $ 0.13, and in Extremis, was the $ 0.11 axis that launched up to last year.
At the time of the press, Dog was traded at $ 0.1641.
Distinctive image created with Dall.e, Chart from TradingView.com
