Dogecoin Warning: One Level Could Trigger A Surge, Says Analyst
In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could spark the next substantial move. When Will Dogecoin’s Next Big Move Be? Kevin noted Dogecoin’s pattern of large retracements followed by new highs in previous bull markets. “Look at these moves, right? Every single pullback that Dogecoin got in the previous bull market—56%, 57%, 53%—all....
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Dogecoin finds itself at a crucial price level following a broader market surge driven by the Federal Reserve’s announcement of a 50 bps interest rate cut. The meme coin is teetering on the edge of breaking a key resistance level, which could trigger a significant rally to new highs. Related Reading: Bitcoin Volatility Still Low […]
The Dogecoin price chart hints at a potential ascending triangle pattern formation, which could propel its price to new levels. In an X (formerly Twitter) post, a crypto analyst revealed that if the popular meme coin succeeds in creating this bullish technical pattern, it could trigger a price surge to $0.56. Dogecoin Price Eyes $0.5 […]