Thursday, July 24, 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

Dogecoin Is Going To $1 With The ‘Next Impulse’, Analyst Predicts

n70products by n70products
June 9, 2025
in Dogecoin
0
DXY’s Collapse Signals Bigger Bull Run
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Motive to belief

logo

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

Created by trade consultants and meticulously reviewed

The very 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.

Maelius (@MaeliusCrypto) has published a contemporary weekly chart of DOGE/USDT from Binance and—regardless of the meme-coin’s latest pull-back—sees the groundwork for a textbook Elliott-wave extension that might catapult costs towards the psychological $1.00 mark.

Can Dogecoin Hit $1?

The chart tracks each weekly candle since early-2021 and places the present market at $0.1843 after a four-week slide from the March excessive close to $0.26. That decline has carried worth straight again right into a broad inexperienced “demand” band that now stretches roughly from $0.12 as much as $0.17. The zone as soon as acted as heavy overhead resistance throughout 2022-23; Maelius notes that, after final yr’s breakout, it has switched polarity and is behaving as a base of demand.

Dogecoin price analysis
Dogecoin worth evaluation | Supply: X @MaeliusCrypto

Two shifting averages body the construction. The 50-week exponential common (EMA 50, blue) is curling increased and sits at about $0.205, whereas the 200-week EMA (pink) is printed at $0.1415. Worth is at present wedged between the 2, a configuration that usually precedes a decisive enlargement in volatility. Notably, a rising pink trend-line—drawn beneath successive increased lows since late-2023—now coincides nearly precisely with the 200-week EMA, reinforcing the $0.15 space as technical help.

Associated Studying

Maelius’ rely assigns the March 2024 spike to $0.23 as the first wave 1, and the next retreat to the October 2024 low close to $0.12 as the first wave 2. From that inflection level the analyst sees the opening phases of a 3rd wave unfolding, however—crucially—he marks a smaller-degree wave 1 of that bigger wave 1 peaking simply above $0.48 in early December final yr, adopted by the current pull-back that he labels the smaller-degree wave 2.

In different phrases, the chart exhibits a basic “1-2, 1-2” nesting: an enormous 1-2 at main diploma, instantly adopted by a smaller 1-2 that kicks off the presumed third-of-third advance. Such a configuration is usually regarded by Elliott technicians as essentially the most explosive setup in the complete impulse hierarchy as a result of the subsequent leg is the wave 3 of wave 3, a section that may lengthen with the steepest slope and infrequently delivers the majority of a development’s worth appreciation.

Associated Studying

A dashed projection ray extrapolates that third wave to the $1.10 area, earlier than wave 4 is pencilled in as a shallow retrace to roughly $0.65 and wave 5 completes someplace within the $1.50–$1.80 vary. Maelius tempers the roadmap in his accompanying put up, stating he’s “not a fan of laborious targets” however believes “this one goes in direction of $1 within the subsequent impulse.”

Below the worth pane Maelius plots the weekly WaveTrend Oscillator (WTO). Each the quick (black) and sluggish (pink) curves bottomed contained in the highlighted oversold band in April and have since hooked sharply increased. That flip has been accompanied by a gentle contraction within the crimson histogram bars; over the past two candles the histogram has in reality flipped again to light-grey on the constructive aspect of the midline, signalling that bearish momentum is losing its grip and {that a} contemporary bullish impulse could also be brewing.

DOGE is now hovering precisely on the higher rim of the demand field. A weekly shut above the EMA 50 at $0.205 would sign renewed bullish dominance and open the way in which to $0.26—the Could swing excessive—and the mid-$0.40s cluster that halted worth through the December 2024 rally. Conversely, a decisive break underneath $0.14 would violate the two-year ascending trend-line and postpone the Elliott rely.

At press time, DOGE traded at $0.18.

Dogecoin price
DOGE hovers above the midline, 1-day chart | Supply: DOGEUSDT on TradingView.com

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



Source link

Tags: AnalystDogecoinImpulsePredicts
Previous Post

Sony Powers Up Soneium: L2 Network Unveils Gaming Incubator

Next Post

Security Alert – [Implementation bug in Go clients causing increase in difficulty – Fixed – Miners check and update Go clients]

Next Post
Audit Results for the Pectra System Contracts

Security Alert – [Implementation bug in Go clients causing increase in difficulty – Fixed – Miners check and update Go clients]

Leave a Reply Cancel reply

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

Premium Content

Texas Rep. Brandon Gill’s $500K Bitcoin buys spark STOCK Act scrutiny

Texas Rep. Brandon Gill’s $500K Bitcoin buys spark STOCK Act scrutiny

June 3, 2025
Is this the end of Bitcoin DeFi?

Bitcoin stalls ahead of US macro data, Wall Street buys BTC

May 26, 2025
Trader Updates Outlook on Altcoin That’s Exploded 16,190% in Under Three Months, Says Bitcoin To Fall Further

Trader Updates Outlook on Altcoin That’s Exploded 16,190% in Under Three Months, Says Bitcoin To Fall Further

January 14, 2025
Crypto Analyst Says Bitcoin Is Heavily Undervalued Despite ATH, What’s The Fair Value?

Crypto Analyst Says Bitcoin Is Heavily Undervalued Despite ATH, What’s The Fair Value?

March 9, 2024
Disgraced FTX Founder Sam Bankman-Fried Files To Appeal His Fraud Conviction and 25-Year Prison Sentence

Disgraced FTX Founder Sam Bankman-Fried Files To Appeal His Fraud Conviction and 25-Year Prison Sentence

April 13, 2024
Bitcoin Price Extends Losses — Is More Downside on the Horizon?

Bitcoin Price Extends Losses — Is More Downside on the Horizon?

May 31, 2025

Recent Posts

  • Ripple Won’t Dump Its XRP Escrow Holdings: Lawyer Reveals Why It’s Actually Good For Price
  • Fate of Crypto, CBDC Bills Unclear as Congress Heads Into Recess
  • This smart humidifier has a handy feature I keep coming back to – and it’s Alexa compatible

Categories

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

Recommended

Ripple Won’t Dump Its XRP Escrow Holdings: Lawyer Reveals Why It’s Actually Good For Price

Ripple Won’t Dump Its XRP Escrow Holdings: Lawyer Reveals Why It’s Actually Good For Price

July 23, 2025
Fate of Crypto, CBDC Bills Unclear as Congress Heads Into Recess

Fate of Crypto, CBDC Bills Unclear as Congress Heads Into Recess

July 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?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version