,You can also read this news on COINTURK NEWS: Will Dogecoin Recover from Recent Losses?
The world’s most famous memecoin, Dogecoin, has recently faced significant selling pressure, losing 17% in the last 7 days and over 33% in the last 30 days. Currently, Dogecoin‘s price has fallen by 4.5% to $0.1255, with a market value of $18.09 billion. Nevertheless, market analysts continue to approach the memecoin with an optimistic outlook, referring to its resilience in previous major corrections.
Past Models Indicate Potential Rise
Crypto analyst Ali Martinez highlights recurring patterns in Dogecoin’s price behavior, suggesting that the current decline is a usual precursor to significant rises.

Martinez emphasized parallels with models from 2017 and 2021, where Dogecoin encountered similar pullbacks before major price surges, exiting descending triangle formations and subsequently initiating massive bull runs of 982% and 12,197%, respectively.
The analyst noted that in 2024, the altcoin has once again emerged from a descending triangle formation, currently undergoing a 47% price correction that mirrors previous market cycles. This similarity, especially with increasing interest from Dogecoin whales, indicates a potential precursor to the next bull run.
What’s Next for Dogecoin?
After falling below $0.150, Dogecoin has aligned with a short-term downward trend similar to Bitcoin and Ethereum, with the price dropping below the critical support level of $0.1350 and pulling back to $0.1201 before leveling off. Although the price has recovered above $0.1250, resistance at $0.130 is hindering further rises.
Currently, DOGE is trading below $0.1420 and the 100 Simple Moving Average (4-hour), facing resistance around $0.130. The next significant hurdle is at $0.1350, and failure to overcome this threshold could lead to renewed downward pressure.
If downward pressure continues, the first support threshold will be around $0.1220 and $0.120. A drop below $0.120 could open the way for further declines to $0.1040.
The post first appeared on COINTURK NEWS: Will Dogecoin Recover from Recent Losses?

,您还可以在 COINTURK NEWS 上阅读此新闻：狗狗币会从最近的损失中恢复吗？世界上最著名的 memecoin 狗狗币最近面临巨大的抛售压力，在过去 7 天内下跌 17%，在过去 30 天内下跌超过 33% 。目前，狗狗币价格已下跌4.5%至0.1255美元，市值为180.9亿美元。尽管如此，市场分析师仍对 memecoin 持乐观态度，指的是它在之前的重大调整中的韧性。 过去的模型表明潜在的上涨加密货币分析师 Ali Martinez 强调了狗狗币价格行为的反复模式，表明当前的下跌通常是重大波动的前兆。马丁内斯强调了与 2017 年和 2021 年模型的相似之处，其中狗狗币在价格大幅上涨之前遇到了类似的回调，退出了下降三角形形态，随后分别启动了 982% 和 12,197% 的大规模牛市。 分析师指出，在 2024 年，山寨币再次摆脱下降三角形形态，目前正在经历 47% 的价格调整，这反映了之前的市场周期。这种相似性，特别是随着狗狗币鲸鱼的兴趣不断增加，表明了下一次牛市的潜在前兆。狗狗币的下一步是什么？在跌破 0.150 美元后，狗狗币已经与比特币和以太坊类似的短期下降趋势保持一致，价格跌破 0.1350 美元的关键支撑位，并回落至 0.1201 美元，然后趋于平稳。尽管价格已恢复至0.1250美元上方，但0.130美元的阻力阻碍了进一步上涨。目前，DOGE交投于0.1420美元和100简单移动平均线（4小时）下方，面临0.130美元附近的阻力。下一个重要关口是0.1350美元，未能突破这一关口可能会导致新的下行压力。如果下行压力持续，第一个支撑关口将在0.1220美元和0.120美元左右。跌破 0.120 美元可能会为进一步跌至 0.1040 美元开辟道路。该帖子首先出现在 COINTURK 新闻：狗狗币会从最近的损失中恢复吗？