Price: $0.39660 2.1984%
Market Cap: 58.26B 1.7648%
Volume (24h): 8.81B 0.4%
Dominance: 1.7648%
Price: $0.39660 2.1984%
Market Cap: 58.26B 1.7648%
Volume (24h): 8.81B 0.4%
Dominance: 1.7648% 1.7648%
  • Price: $0.39660 2.1984%
  • Market Cap: 58.26B 1.7648%
  • Volume (24h): 8.81B 0.4%
  • Dominance: 1.7648% 1.7648%
  • Price: $0.39660 2.1984%
Home > Information news > Bollinger Bands Squeeze Signals Impending Spike in DOGE Price

Bollinger Bands Squeeze Signals Impending Spike in DOGE Price

Release: 2024/02/05 17:00 Reading: 737

Original author:Coin Edition

Original source:https://coinmarketcap.com/community/articles/65c09ed81516ef5010da10cd

Bollinger Bands Squeeze Signals Impending Spike in DOGE Price

  • According to “ali_charts” on X, Dogecoin is set for a spike in volatility, following a Bollinger band squeeze.
  • Ali showed that the indicator is experiencing its tightest squeeze since October 2023.
  • The Bollinger bands squeeze coincides with a potential breakout from a descending triangle on Dogecoin’s daily chart.

According to “ali_charts” on X, a renowned technical and on-chain crypto analyst, Dogecoin is set for a spike in volatility. In a recent post on X, Ali highlighted a significant signal in the Bollinger bands indicator on DOGE’s four-hour chart. He showed that the indicator is experiencing its tightest squeeze since October 2023.

Ali attached a historical chart of the DOGE/USD pair, showing how the flagship meme coin rallied after the October Bollinger bands squeeze. He showed that DOGE surged from a $0.0569 low in a sustained rally for two months. DOGE gained almost 90% during the rally after climbing to $0.107…

The post Bollinger Bands Squeeze Signals Impending Spike in DOGE Price appeared first on Coin Edition.

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