cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

The Indicator That Called DOGE’s Collapse Just Flashed a Rare Buy Signal: Analyst

Dogecoin could be primed for a major reversal, at least according to the metric that recently predicted its price crash to a 14-month low.

Meanwhile, analysts seem confident that DOGE’s current price range is a “good accumulation zone,” something that whales have taken advantage of lately.

DOGE to Rebound Soon?

The leading meme coin rode the mid-May push wave quite impressively, going from $0.092 to a multi-week peak at almost $0.12 at the time. However, the subsequent market-wide correction and overall weakness led to massive price declines.

One of the indicators that suggested a more notable DOGE drop was the Tom DeMark (TD) Sequential. It flashed a major sell signal for the OG meme coin in early May on the 3-day chart, and although it took some time, the asset indeed dumped hard, going from $0.113 to under $0.08, which became its lowest price tag in over a year.

Now, this same indicator, which is used to determine the underlying asset’s market exhaustion in either direction, has flipped bullish, according to Ali Martinez. The analyst predicted that after the 30% correction, a “rebound could be around the corner” for DOGE.

Meanwhile, fellow analyst MikybullCrypto outlined a similar perspective, indicating that the meme coin currently sits on a “good level for accumulation.” As 보고 yesterday, Dogecoin whales have started purchasing at these lower levels, accumulating over 200 million tokens in a week.

Some Reaction?

Another popular crypto commentator, Daan Crypto Trades, also weighed in on DOGE’s recent price moves, suggesting that the token typically retraces to the $0.06-$0.08 range in bear markets. History shows, though, that it tends to get “some kind of reaction” once it gets there.

This same level was tested in February, and it held, but he added that “it’s still good to watch.” Daan noted that DOGE has fallen out of investors’ radar lately, but that doesn’t mean that it cannot repeat some of its previous historic rallies, many of which began from the current levels.

게시물 The Indicator That Called DOGE’s Collapse Just Flashed a Rare Buy Signal: Analyst 에 처음 등장 크립토포테이토.


댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (448) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (73) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.