Dogecoin Breakdown Ahead? Analyst Flags 2022-Style Signal
Dogecoin may be lining up for a deeper breakdown even if Bitcoin manages a short-term bounce, according to pseudonymous analyst VisionPulsed, who argues that a familiar 2022-style pattern is re-emerging across majors and memecoins. In a video published December 16, the analyst frames the near-term setup around Bitcoin’s daily stochastic RSI, which is moving from overbought back toward oversold. Over the past two months, every such reset on the daily chart has coincided with fresh lows in price. This time, he says, the structure is slightly different — and that matters for how Dogecoin....
Related News
On-chain data has raised red flags across the Dogecoin ecosystem as some whale wallets shed their holdings at an alarming rate. According to Santiment data, noted by crypto analyst Ali Martinez, holders of between 10 million and 100 million DOGE have offloaded over 570 million coins in the past week alone, a signal that could […]
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....
The Dogecoin price is gearing up for a significant break out to new upsides, as a crypto market expert shares a key technical analysis to support this prediction. The analyst believes that Dogecoin can skyrocket to $0.65 if it can maintain key support levels and avoid a further price breakdown. Dogecoin Price Set For $0.65 […]
Dogecoin has been making waves so far in this bull market. Recently, the meme coin experienced a significant price crash after recording double-digit gains and rallying to new highs earlier this year. Despite the cryptocurrency’s declining momentum, a seasoned crypto analyst has highlighted strategic entry points and potential upside targets for DOGE. The analyst also […]
An analyst has pointed out how Dogecoin has just seen a short-term buy signal on the same indicator that captured the latest local top in its price. TD Sequential Has Just Formed A Buy Signal For Dogecoin In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal that has appeared in the hourly price chart of Dogecoin. The TD Sequential is an indicator from technical analysis (TA) that’s used to locate potential reversal points in an asset’s price. The indicator works by counting up candles printed in the same color. These candles may or may....