Monday, June 23, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Dogecoin

Analyst Says Dogecoin Could Skyrocket 16% Any Moment

n70products by n70products
March 21, 2025
in Dogecoin
0
DXY’s Collapse Signals Bigger Bull Run
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Cause to belief

logo

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business specialists and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

Two revered crypto analysts, Ali Martinez (@ali_charts) and CW (@CW8900), have every printed technical charts indicating that Dogecoin (DOGE) seems poised for a major value transfer. Their analyses, whereas carried out on totally different timeframes, each spotlight breakouts from constrictive patterns which have prevented any main swings over the previous few weeks.

Dogecoin Might Surge 16% (1-Hour Chart)

Ali Martinez presented a one-hour Dogecoin chart on X that exhibits the token buying and selling inside a narrowing vary outlined by a symmetrical triangle. In accordance with Martinez, DOGE initially noticed a steep decline—roughly 16.46%—from round $0.18, dropping simply above $0.14 earlier than recovering and forming progressively greater lows.

The higher restrict of the triangle rests close to $0.18, whereas the decrease assist line extends upward from the neighborhood of $0.144. Martinez factors to the $0.16–$0.18 hall as a key space that has contained Dogecoin’s value motion.

Dogecoin price analysis
Dogecoin value evaluation | Supply: X @ali_charts

He remarks {that a} clear and convincing hourly shut above this zone may launch the buying pressure that has been consolidating over the previous ten days. Citing symmetrical triangle idea, Martinez estimates that such a breakout might spark a 16% upswing from the breakout level. “Dogecoin will get away! A detailed outdoors $0.16-$0.18 might set off a 16% value transfer,” Martinez wrote by way of X.

Associated Studying

Falling Wedge Breakout (1-Day Chart)

CW, however, shared a day by day Dogecoin chart illustrating what he interprets as a falling wedge formation stretching again to December 2024, when DOGE briefly climbed to round $0.48 earlier than reversing course into a chronic downtrend.

Dogecoin technical analysis
Dogecoin technical evaluation | Supply: X @ali_charts

In a falling wedge, the value sometimes types decrease highs and decrease lows, converging towards a narrowing apex. CW notes that Dogecoin has lastly crossed above the wedge’s downward-sloping resistance line yesterday, an occasion broadly seen as a bullish reversal signal as soon as the breakout is confirmed by subsequent candles holding above that line.

Associated Studying

CW’s evaluation depends closely on Fibonacci retracements drawn from DOGE’s most up-to-date major upswing. He identifies essential Fibonacci ranges at $0.2027 (the 0.236 retracement), $0.2564 (the 0.382 retracement), $0.2999 (the 0.5 retracement), $0.3433 (the 0.618 retracement), $0.40513 (the 0.786 retracement), and $0.4839 (the 1.0 retracement).

These ranges usually function potential value flooring or ceilings in both bullish or bearish market environments. CW believes that now that the token has escaped its descending wedge, it might climb by these retracement ranges in succession, supplied the broader market stays supportive. In the end, he units his sights on the 1.618 Fibonacci extension at $0.71.

At press time, DOGE traded at $0.17.

Dogecoin price
DOGE holds above the development line, 1-week chart | Supply: DOGEUSDT on TradingView.com

Featured picture created with DALL.E, chart from TradingView.com



Source link

Tags: AnalystDogecoinMomentskyrocket
Previous Post

Phantom Acquires SimpleHash to Strengthen Token Data Capabilities

Next Post

ETH vs BTC: Can Ethereum outpace Bitcoin in the next market rally?

Next Post
ETH vs BTC: Can Ethereum outpace Bitcoin in the next market rally?

ETH vs BTC: Can Ethereum outpace Bitcoin in the next market rally?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

XRP Price Eyes Breakout: Will It Recover Lost Ground?

XRP Price Eyes Breakout: Will It Recover Lost Ground?

October 7, 2024
Democrat Senator Launches Investigation Into Pantera Capital’s Dan Morehead Over Potential Tax Violations: Report

Democrat Senator Launches Investigation Into Pantera Capital’s Dan Morehead Over Potential Tax Violations: Report

February 17, 2025
JP Morgan Unveils Reason Ethereum May Not Be A Security

JP Morgan Unveils Reason Ethereum May Not Be A Security

April 6, 2024
ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch

ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch

April 16, 2025
Bitcoin Price Falls Short Again—Is a Deeper Decline Coming?

Bitcoin Price Falls Short Again—Is a Deeper Decline Coming?

February 18, 2025
eth2 quick update no. 2

eth2 quick update no. 2

November 17, 2024

Recent Posts

  • Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup
  • Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program
  • XRP, SOL, ETH, HYPE Oversold Bounce Possible If BTC Recovers

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup

June 23, 2025
Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins

Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program

June 23, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version