Dogecoin sets sight to new all-time highs – this is where this major gathering begins
Dogecoin’s recent uptrend On Thursday, a brief setback was witnessed as its price dropped below $0.17. But the dog-themed meme coin regained its foothold and rebounded slightly above $0.18 in a few hours, reflecting its strong resilience. As Doge shows significant upward momentum, many enthusiasts continue to point out that the ongoing rally extends to higher price levels.
The gate prepares for a bigger gathering
When writing, Doge’s price rose by $0.18, with a strong rebound. Meanwhile, crypto analyst and trader Memecrypto, Propose This Dogecoin looks like something bigger starting from the current $0.18 level.
According to experts DogThe momentum of the sequel is not random, the structure is naturally established, which indicates a breakthrough from the merger. This breakthrough was observed with lenses of momentum and exponential motion average (EMA).
Meanwhile, the next key resistance is $0.24, pushing the region may be the beginning of a larger trend in current speeds. although Still cautious in emotionsMemecrypto pointed out that the market will not wait for latecomers, and the next impulse may become a FOMO chase.
Price explosion in Dogecoin games 600%
Long time Descent actionDogecoin has returned to focus due to its new price rally. While popular meme coins are flashing bullish signals, market experts and investors Tardigrade have Overview The rise of in and out indicates that continuous gatherings continue to higher levels.
Specifically, experts predict that 600% of the price rallies will be held in the near term, which will make meme coins a new all-time high in the ongoing cycle. This surge in expectations could mark a critical moment in Doge’s ever-evolving market narrative, which is Technical breakthroughincrease trade volume and reignite consumer interests.
Trader Tardigrade’s bold predictions are based on past trends caused by rising support for trendline rebounds. It has been several months since October 2023 to today.
Doge first reached an upward support trend line in October 2023, Meme Coin Over 200% growth was witnessed in the following months. In the second instance of 2024, Doge’s price surged above 400% annual highs after reaching an upward support trendline.
Meanwhile, similar developments have occurred in Dogecoin’s recent price action. Since each time brings greater returns, Trader Tardigrade is confident that a strong surge +600% may occur. As observed in the chart, this upcoming +600% rally will bring Doge’s price to $0.93, marking a new all-time high.
Key support for holding in bullish waves means Doge is building momentum for an upward space Bulls intervene in defending rally. Trader Tardigrade Highlight The dog has returned to the order area, which will provide good support for meme coins. If the area is strong in bearish pressure, Doge’s price may rebound toward key resistance levels.
Featured images from Shutterstock, charts from TradingView.com
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