. Dogecoin price They threaten to fail from the current level of support, passing through two re -old H4. UB cryptographic analyst revealed what to be careful about, because the most significant meme coin is still associated with reach in the low period.
Dogecoin price threatened with a failure below key support levels
IN X PostUB stated that Dogecoin prices did not look so great and suggested that the most significant mema coin is threatened with a failure below key support levels. He noticed that after rejection .285 there is a clearer level of levels to look for a potential reflection. The analyst added, however, that he would consider Current price campaign be related to the range until a break of 0.239 or .285 occurs.
The analyst continued to refer to the Dogecoin price campaign in 4-hour time frame. He suggested that H4 would probably be re -consolidated before any potential fell down. UB added that considering how corded H4 level is, he would look for weakness if there is a reflection of the relief from them.
UB also discussed the price of Dogecoin in time. He revealed that H4 level and H4 consolidation were tested twice. His companion’s chart also confirmed that Doge is threatened with a huge fall if it breaks below Support level 0.24 USD. In the meantime, the most significant meme coins are in the range of consolidation from 0.24 to 0.27 USD.
Cryptographic analyst Kevin Capital He also suggested that the Dogecoin price was at risk of failure. WX Post revealed that the dog failed to recover Makro’s golden pocket and a weekly support team on the bull market. The analyst added that the time has come to watch bitcoins closer, suggesting that the meme coin may drop below if BTC also drops.
Why dog reflection can happen soon
In the post x, Tardigrade Tardigrade He revealed that the relative US (RSI) force indicator in 4-hour time frames reached the zone sold out. As such, he told market participants that they would soon prepare for a low -term reflection at the price of Dogecoin. His accompanying table showed that the most significant coin can regain the level of support of 0.3 USD and reflect up to 0.36 USD.
Meanwhile, in another post X, the analyst suggested that the long -term prospects for Dogecoin prices are still stubborn. He said it Doge series pattern It repeats. On this basis, Trader Tardigrade stated that Dogecoin would have another enhance in value because “history resembles its rhythm.”
At the time of writing this writing, the price of Dogecoin is trading around 0.25 USD, according to the last 24 hours, according to data with coinmarketcap.
A distinguished picture from Adobe, chart from TradingView.com
