With a wider cryptocurrency market Psychological level 0.2 USD. Analysts of cryptocurrencies, such as the Kenobi master, suggested that the leading coin meme is prepared to achieve modern ups.
Dogecoin price ready to break from a falling wedge
IN X PostTardigrade, a cryptographic analyst, stated that the price of Dogecoin has a breakthrough from a falling wedge. It happened when he revealed that a stubborn cross took place on the stochastic Relative strength indicator (RSI) Two -week map. His accompanying table showed that Doge can exceed the price of $ 0.2 on this move.
Interestingly, in another post X, Tardigrade trader He predicted that the price of Dogeocoin may soon exceed the price of bitcoins. The analyst revealed that the current volume (V) pattern on the Doge/BTC chart reflects the previous one. He added that this pattern appeared just before the leading coin meme exceeded the flagship crypto from October to December 2024.
He believes that the cryptographic analyst has noticed that considering that both the price and indicators show the same pattern Dogecoin price Soon he will “drastically” outweigh Bitcoin. Doge could enjoy huge profits if he repeated the price results from October to December 2024. The meme coin was worse to 2024, but ended a year at a high level, because he recorded the most year to date (YTD) among the 10 best crypt on the market.
Trader Tardigrade also believes that another bull can be inevitable at Dogecoin. He revealed that Doge broke to the round bottom in this cycle. On this basis, he stated that the “massive” bull run is inevitable to the leading meme coin. His accompanying table showed that Doge can reach up to $ 2.8 when he records this huge bull.
Update on the Makro Doge chart
In the post x, Kenobi cryptographic analyst master Provided the macro chart update to the Dogecoin price. He stated that the macro chart and comparison of current configuration with the situation in 2017 reveal that the mema coin has all the necessary components of the “massive” pump.
The cryptographic analyst also revealed that the 21-day EMA on a 3-day map indicates that the current Dogecoin price forecast is stubborn. He noticed that additional factors such as stubborn discrepancy and breaking the trend on Relative strength indicator (RSI) Also strengthen this stubborn perspectives. It is worth mentioning that the analyst recently predicted that the leading coin could gather to the modern all time (ATH) until June.
At the time of writing this writing, the price of Dogecoin is trading around 0.18 USD, according to the last 24 hours, according to data with coinmarketcap.
A distinguished picture from Getty Images, chart from TradingView.com
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