Multiple analysts have uncovered a bullish formation that could fuel DOGE's move to $1. Meanwhile, another analyst tips the asset to reach between $3.95 and $23.26 in this cycle. An analyst who spotted the formation of a bullish pattern hints that the asset consolidated for 24 days during the previous cycle before "taking off." Dogecoin (DOGE) is currently down by 5.9% on the 24-hour price chart, declining from the daily high of $0.45 to peg at $0.42 at press time. Renowned analyst Rekt Capital has hinted that the asset could be in line to hit $1 in the near term. Analyzing his thesis, we observed that Dogecoin is imitating the Bitcoin (BTC) price behavior. According to Rekt Capital, the meme-themed coin is retesting the top of an Ascending Triangle pattern and turning it into support. Meanwhile, another analyst, Trader Tardig, has pointed out that DOGE has broken out of a Symmetrical Triangle pattern. Per his analysis, the asset could soon secure the $0.55 mark. Assessing a chart posted by TradingView, it was observed that DOGE is about to embark on another bull run. The 12-hour chart showed a consolidation of a bullish pennant pattern. According to the analysis, DOGE could target $1 in the next breakout. Earlier, an independent analyst, Mikybull, also disclosed the formation of a falling wedge pattern, forming a bullish confluence with an on-balance volume indicator. For analyst Ali Martinez, DOGE could finish the cycle between $3.95 to $23.26. Another Analyst Joins the DOGE Discussion as On-Chain Activities Shows Bullish Outlook Amid these bullish trends, whales have progressively increased their activities over the past few days. Santiment data shows that addresses with between $100,000 and $1 million have collectively accumulated more than 240 million DOGE tokens. Looking into other data, we observed that the asset's Open Interest (OI) reached an all-time high of $4.05 billion on November 24. However, this has steadily declined to reach $3.48 billion. Comparing the current cycle to the previous one, an analyst identified as Kevin pointed out that DOGE consolidated for 24 days before embarking on what he describes as a "macro golden pocket." In this case, a move from the current phase could see the asset hitting between $3.80 and $4.00. For now, Kevin believes that DOGE is testing a major trend line of support on the daily Relative Strength Index (RSI). A break below the current position could see the DOGE falling below $0.40. In any case, the analyst believes that the price could be saved if Bitcoin legs up.
多名分析师发现了一种看涨形态,可能会推动 DOGE 升至 1 美元。与此同时,另一位分析师预计该资产在本周期将达到 3.95 美元至 23.26 美元之间。一位发现看涨模式形成的分析师暗示,该资产在上一个周期中盘整了 24 天,然后才“起飞”。狗狗币 (DOGE) 目前在 24 小时价格图表上下跌 5.9%,从每日高点 0.45 美元下跌至截至发稿时的 0.42 美元。著名分析师 Rekt Capital 暗示,该资产短期内可能会达到 1 美元。分析他的论文,我们观察到狗狗币正在模仿比特币(BTC)的价格行为。据 Rekt Capital 称,这款以 meme 为主题的代币正在重新测试上升三角形模式的顶部,并将其转变为支撑位。与此同时,另一位分析师 Trader Tardig 指出,DOGE 已经突破了对称三角形模式。根据他的分析,该资产可能很快就会突破 0.55 美元大关。评估 TradingView 发布的图表可以看出,DOGE 即将踏上另一场牛市。 12小时图显示看涨三角旗形态正在巩固。根据分析,DOGE 下一次突破的目标可能是 1 美元。此前,独立分析师 Mikybull 也披露了下降楔形形态的形成,与平衡成交量指标形成看涨汇合。分析师阿里·马丁内斯 (Ali Martinez) 认为,DOGE 可能会在 3.95 美元至 23.26 美元之间完成周期。另一位分析师加入 DOGE 讨论,链上活动显示看涨前景 在这些看涨趋势中,鲸鱼在过去几天逐渐增加了活动。 Santiment 数据显示,价值在 10 万美元到 100 万美元之间的地址总共积累了超过 2.4 亿个 DOGE 代币。查看其他数据,我们发现该资产的未平仓合约 (OI) 在 11 月 24 日达到 40.5 亿美元的历史新高。然而,这一数字已稳步下降至 34.8 亿美元。一位名叫 Kevin 的分析师将当前周期与上一个周期进行比较,指出 DOGE 盘整了 24 天,然后才开始进入他所说的“宏观黄金口袋”。在这种情况下,从当前阶段开始,资产可能会触及 3.80 美元至 4.00 美元之间。目前,Kevin 认为 DOGE 正在测试每日相对强弱指数 (RSI) 的主要趋势支撑线。跌破当前位置可能导致 DOGE 跌破 0.40 美元。无论如何,分析师认为,如果比特币上涨,价格可能会得到挽救。