Here’s The Critical Support The Dogecoin Price Must Hold Or Risk Total Breakdown
The recent crypto market downturn triggered a sharp decline in the Dogecoin price that saw it erase its gains from prior days. However, this move has also exposed a critical level that the cryptocurrency must hold if there is to be any hope of a recovery. As with any critical support level, holding above it […]
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Dogecoin Price Key Highlights. Dogecoin price failed to move higher as anticipated in yesterday's analysis and remains at risk of a break lower. The price is trading around an important support area that holds the key in the near term. On the upside, the 100 hourly MA may act as a resistance moving ahead. Buyers struggled to keep Dogecoin price higher, and as a result the chance of a break lower increased Intraday. Trend Line Support Area. We have been following a critical bullish trend line on the hourly chart of Dogecoin price, which provided support many times. Currently, the price is....
The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased. If it can break above its descending resistance, analysts believe it could bounce back above $3 soon. XRP Price Set To Skyrocket Above $3 A Pseudonymous TradingView crypto analyst known as “MyCryptoParadise” has outlined XRP’s future price trajectory, predicting a surge toward $3.3 for the popular cryptocurrency. The analyst shared a chart outlining key support and resistance levels while....
After a turbulent month, the Dogecoin price looks to stabilizing just around the $0.2 level, and it continues to show strength at this level. However, there are some developments on the meme coin’s chart that suggest that there could be some bearish headwinds that could lead to another crash. Crypto analyst MyCryptoParadise outlines this in a recent analysis, showing the possible directions that the Dogecoin price could be headed in as the market unfolds. Dogecoin Price Is Facing Strong Resistance The first thing that stands out is that the crypto analyst explains that the Dogecoin price....
After rallying above $0.3 at the start of September, the Dogecoin price has faced significant resistance since then, leading to an over 28% decrease in price. By Sunday, though, the Dogecoin price had begun to rebound, suggesting that there would be a rise in momentum, especially among buyers. This now puts the meme coin at a significant level, as there is the potential of the price bouncing off the current demand zone, but with bears still making a bid, the tug-of-war continues. What A Bounce From The Demand Zone Means Presently, the most critical support for the Dogecoin price lies at....
Dogecoin is trading above the $0.20 level after days of intense selling pressure and market-wide volatility. Bulls have lost control of the price action, and DOGE is now at risk of further declines if it fails to hold key support. The broader meme coin market has also been hit hard, contributing to Dogecoin’s struggles as sentiment remains weak. Related Reading: Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? Top analyst Ali Martinez shared a technical analysis on X, revealing that DOGE is testing a high-time-frame support level around $0.18. This level....