cryptd.in

另类 LinkedIn 适合加密人才

Dogecoin Price Closes In On Major Trendline For Breakout To $1

-

由

cryptd.in
于

"(《世界人权宣言》) Dogecoin price is closing in on a critical technical trendline that could ignite its next major rally. After months of downward pressure, analysts are eyeing a possible breakout toward the long-awaited $1 target. 

$1 Dogecoin Price Target Closer Than Ever 

Crypto analyst Master Kenobi believes that the Dogecoin price could reach the highly coveted $1 target before the end of this market cycle. Based on his technical analysis, DOGE is once again mirroring a historical breakout pattern that previously led to an explosive surge in price. 

The analyst shared a Dogecoin price chart with two main sections highlighted. The first green box, between September to November 2024, shows a historical breakout that occurred after the meme coin broke above a critical descending trendline. Following this breakout, the price surged significantly over the next 55 days. 

Notably, the descending trendline has acted as a strong resistance for months. However, with Dogecoin’s momentum currently building, Master Kenobi believes that a strong breakout is imminent. 

Looking at DGOE’s price action, it appears the same conditions for its previous breakout are forming again. Master Kenobi’s technical analysis suggests that a breakout above the current descending resistance line could spark a similar rally, one that could potentially take Dogecoin from its current price of $0.158 to $0.9 or even $1. Such a move would represent a staggering gain of approximately 533%. 

Similar to past trends, Dogecoin’s current chart indicates a projected 55-day move following the breakout, with the green arrow and shaded box indicating a path to the conservative $0.9 target. This would place Dogecoin’s target window during the first few weeks of June, aligning closely with historical timelines from the last major breakout. 

Adding to the optimism, Dogecoin’s Relative Strength Index (RSI) currently sits around 43.35 — a level typically considered a neutral to oversold zone. The current descending resistance line has already been tested multiple times, meaning a clean daily close above it could spark Dogecoin’s next major rally. 

Dogecoin RSI Shifts From Bearish To Bullish

Dogecoin is showing promising signs of a bullish reversal after a key breakout of a technical pattern on the 4-hour chart.  According to a recent chart analysis by crypto analyst Trader Tardigrade, Dogecoin has exited a Falling Wedge formation and is preparing for an uptrend continuation. The breakout was confirmed as the RSI crossed above the 50 level, signaling a shift from bearish to bullish sentiment among traders.

Before the Falling Wedge breakout, Dogecoin had been trading in a downward channel, characterized by lower highs and lower lows. This pattern often precedes an upward price movement, and Dogecoin seems to be following through with this trend. As a result, the analysis suggests that Dogecoin could push toward stronger resistance levels in the short term.

精选图片来自 Pexels，图表来自 TradingView

评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

zh_CN 简体中文
zh_CN 简体中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (277) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (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 (48) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (57) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (3) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (4) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。