Price: $0.19637 4.8754%
Market Cap: 28.81B 1.1487%
Volume (24h): 3.7B 0.2%
Dominance: 1.1487%
Price: $0.19637 4.8754%
Market Cap: 28.81B 1.1487%
Volume (24h): 3.7B 0.2%
Dominance: 1.1487% 1.1487%
  • Price: $0.19637 4.8754%
  • Market Cap: 28.81B 1.1487%
  • Volume (24h): 3.7B 0.2%
  • Dominance: 1.1487% 1.1487%
  • Price: $0.19637 4.8754%
Home > Information news > Dogecoin Price Prediction:Bulls hold support, expect a surge

Dogecoin Price Prediction:Bulls hold support, expect a surge

Release: 2024/02/05 20:31 Reading: 911

Original author:Coingabbar

Original source:https://coinmarketcap.com/community/articles/65c0cee87147b27d37feb737

Dogecoin Price Prediction:Bulls hold support, expect a surge

  • DOGE established a support base near $0.07500 and successfully breached both the $0.09000 level and a descending triangle pattern.

  • However, the subsequent price surge proved short-lived, leading to a decline below $0.08000.

  • On the daily chart, $DOGE exhibits tight trading within a narrow range, characterized by short candle bodies.

  • The #Dogecoin price trend remains above the 200-day Exponential Moving Average (EMA).

  • A descending triangle pattern is evident in the price action, maintaining a continuation of lower highs.

  • The recent bounce back faces resistance from the 50-day EMA, suggesting the potential for a double bottom reversal.

  • For a potential recovery wave, the price needs to clear the $0.0830 levels.

  • According to Coingabbar Price Analysis, indicates that the minimum Dogecoin Price Prediction 2030 will be around $1.00.

KEY LEVELS :

RESISTANCE LEVEL : $0.08500-$0.09100

SUPPORT LEVEL : $0.07600-$0.07200

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice

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