Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon
As Dogecoin (DOGE) retests a key multi-year support, some analysts predict a bearish outlook for the largest memecoin by market capitalization, warning that its bottom may not be in yet. Related Reading: Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns Dogecoin Targets Lower Levels On Thursday, Dogecoin erased most of its early-week bounce and retested the $0.090 area once again. Market observer Rekt Capital highlighted DOGE’s recent performance, warning that its price correction may not be over yet. As he explained, the leading memecoin lost....
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Crypto analyst Bitcoinsensus has predicted that the Dogecoin price could rally 4,400% to $5, a new all-time high (ATH) for the foremost meme coin. The analyst also revealed what needs to happen for DOGE to witness this parabolic rally. Dogecoin Price Eyes 4,400% Rally To $5 In an X post, the crypto analyst shared an accompanying chart showing that the Dogecoin price could rally to $5 by next year. He raised the possibility that DOGE could repeat its macro cycle, which could spark this parabolic run. Bitcoinsensus also noted that the foremost meme coin has been a master of art in....
Like most meme coins in the market right now, Dogecoin (DOGE) has been in a major downtrend, with its price still testing the $0.1 level amid broader volatility and shifts in investor sentiment. As DOGE’s market value continues to decline, many investors and traders may see the correction as a possible buying opportunity. Amid this […]
Dogecoin is staging a sharp rebound from a key technical level that one analyst has flagged as the potential low of its current correction. Is The Dogecoin Bottom In? On X, crypto analyst Kevin (@Kev_Capital_TA) highlighted the $0.138 region as the decisive line. Posting a weekly DOGE chart, he wrote: “$0.138 still holding strong on Dogecoin. If DOGE can hold this level (Macro .382 + 200W SMA) and BTC + USDT hold their respective support and resistance levels then $0.138 will be the lows for this corrective period. Still got work to do. Main focus is still BTC and USDT D.” His chart shows....
Dogecoin (DOGE) is entering a decisive phase that could see its price explode to record highs. Based on the meme coin’s recent price action, one analyst encourages traders to position early, while another warns that an important structural level must be held to preserve DOGE’s broader bullish outlook. Both perspectives highlight the pressures and possibilities […]
Despite consolidating around the $0.24 area for months now, a new technical analysis suggests that the Dogecoin price could be gearing up for another explosive move this cycle. A crypto analyst has identified a recurring rounded bottom pattern in DOGE’s historic price chart, suggesting a familiar setup that often precedes massive rallies. The analyst argues that a combination of technical structure and macroeconomic conditions could once again send Dogecoin flying. Macro Correlations Suggest Dogecoin Price Rally Ahead In an extensive analysis shared on X social media, crypto market....