Dogecoin Price Squeeze Maps Out Two Possible Scenarios From Here
Crypto analyst Erick Crypto has highlighted a Dogecoin price squeeze, which is currently playing out. Based on this, he mentioned two possible scenarios that could play out for the largest meme coin by market cap. Two Possible Scenarios as Dogecoin Price Squeezes In an X post, Erick Crypto stated that the Dogecoin price is squeezing hard, with a descending triangle and strong horizontal support around $0.136. He added that DOGE is compressing at the apex, which means that a breakout ot breakdown is imminent. The pundit warned that there is high volatility ahead of the meme coin. Related....
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Crypto analyst Unichartz has highlighted a Dogecoin squeeze that could spark the next massive move to the upside for the meme coin. This comes amid a broader crypto market crash, which has also led to a decline for the foremost meme coin. Dogecoin Showing A Promising Structure In a TradingView post, Unichartz declared that a Dogecoin squeeze is incoming. He noted that the meme coin is currently showing a promising structure as it trades within a rising wedge formation. The analyst added that the DOGE price is holding above a rising support line, which it has respected multiple times,....
Dogecoin (DOGE) could be on the cusp of a significant price move that might ignite a powerful short squeeze, according to analyst Ali Martinez (@ali_charts). He pointed out on January 27, via X, that “$766.45 million in short positions will be liquidated if Dogecoin DOGE rebounds to $0.35,” implying that bearish traders stand on precariously thin ice. Massive Dogecoin Short Squeeze Incoming? A look at the up-to-date liquidation heatmap from Coinglass shows hefty short positions clustered between roughly $0.339755 and $0.34368. Coinglass data shows $464.8 million at $0.339755, $534.79....
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As a result of the recent pullback in the cryptocurrency market over the weekend, Ethereum (ETH) has created two Chicago Mercantile Exchange (CME) gaps at $3,000 and $2,600. Crypto analyst Ted suggests that a short squeeze could soon push the price beyond $3,000, potentially filling these two CME gaps. Is An Ethereum Short Squeeze Imminent? […]
Quick Facts: ➡️ Ethereum lost 13% in recent weeks, falling as low as $3,055, creating the perfect conditions for a projected $7B short squeeze. ➡️ Ethereum’s short squeeze could drive major price recovery, boosting overall market sentiment and drive $ETH’s price even higher. ➡️ PEPENODE introduces a gamified, virtual mining system, allowing users to mine […]