Dogoin (DOGE) just entered the fourth stage of the bonus curve – a critical stage often indicating the possibility of mobilizing the main prices. Although The last market decreasedTechnical analysts indicate that this stage can pave the way for explosive growth towards Desired on the 1 dollar sign.
Dukwin eyes penetration to $ 1
Dogecoin may still be on the right path to hit the long -awaited $ 1 sign, according to technology Expectations From the encryption analyst. Mimi currency Recent price movements It appears that it corresponds to the formation of a classic equivalent curve- a pattern indicating the acceleration of upward momentum with each monotheistic stage.
Depending on the Trader Tardigrade analysis, Dogecoin enters the last stage of the four -stage equivalent curve, after it was just broken from Rule 3, A. Shed Which was a correction area after the previous marches. This step corresponds to the equivalent curve model shown in the analyst price plan, where price movement is the rules similar to the step that tightens the structure and leads to increasingly escalatory movements.
The chart pattern begins from a long -term bottom and advances through the rules from 1 to 4, each of which is characterized by periods of monotheism and decreased fluctuations within the fallen pegs. The red arc is represented by the scheme Dogoin Path is the expected equivalentWhich currently places the climbing of the Mimi currency towards Al Qaeda 4.
Historically, this stage has preceded the high price of the most severe prices as investors begin to respond strongly to the upscale feeling. The chart predicts a path where DOGE, which is currently trading over Base 3 Breakout, can restore higher levels and It is possible that you exceed $ 1 For the first time since its inception. It is worth noting that the projection highlights a possible increase above $ 1.7 before the end of the year.
Trader Tardigrade also refers to a major liquidity area in the scheme, just less than $ 0.187. It can be a brief decline to seize liquidity here as a starting point, which increases the authenticity of the ups of the ups and a potential step to one dollar. This is not expected to be a short -term increase, but part of a broader, organized composition may lead to a The peak of the main price. If the previous patterns play as expected, then it is possible Historical outbreak It can be on the horizon.
Update about Dogecoin Price
Like most coins in the market, the price of Dogecoin was It is struggled to overcome the hybrid conditions And the height of the threshold of $ 0.2. Currently traded at the lowest price at 0.17 dollars, Dogecoin has already seen a huge group of 14.14 % of its value last week, according to Coinmarkcap.
Within the past 24 hours, Dog has decreased by another 7 %, reflecting the general weakness and increased volatility. Data From Coincodex also shows this Dukwin fluctuations Currently he sits at an increase of 8.69 %. The encryption data analysis platform also indicates that it is wider in general Market morale has turned into landingWith fear of fear and greed that indicates uncertainty in the wider market.
Distinctive image from Getty Images, Chart from TradingView.com
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