At the end of Monday, the ordinary cryptocurrency market witnessed a slight answer to the bullish momentum, resulting in DogThe price briefly dropped to the support level of $0.174. Despite a brief pullback, optimism remains in the industry towards Doge’s future performance, with several crypto analysts able to predict short-term price increases.
Dogecoin must be retracted to push up higher
Dogecoin may have had a brief review Meme Coin. However, Doge must overcome critical levels of resistance to fuel the expected massive rally.
In his recent analysis on the X platform, experienced technical and chain link expert Ali Martinez predict Potential gatherings at Dogecoin, currently at a historic height of $0.74. Although analysts expect prices to rise, he highlights key aspects of his journey back to the top.
Looking at his chart, meme coins are trading in a rising parallel channel. Additionally, Doge is now facing critical testing of key price levels that can determine whether the current rally has enough power to continue. Interestingly, the area was Springboard to previous spikesas seen in the end of 2024 and 2025 quarters.
As the uptrend continues, Ali Martinez points to the $0.20 mark, the next key area for Doge to restore its all-time high. If the Meme coin can receive more than $0.20 per month resistors, experts believe it could lay the stage for the expected rally, reaching $0.74, positioning at the 1.0 Fibonacci level.
Furthermore, breakthroughs above this level will indicate strength Bullish momentum And it is possible to attract more investors’ interest. This increase in investor interest may play a crucial role in the upcoming price increase.
However, if Doge fails to surpass the area and fight back, the continued upward trend may drop sharply. If it happens Sharp callbackthe next critical support level is $0.065.
At the 0.382 macro Fibonacci level, the gate de
Crypto analyst and trader Kevin Capital delves into current price action reveal This dog protein has created a low level of precision observed over the past few months at the macro 0.382 Fibonacci levels and macro-lower trendlines.
The expert also stressed that the weekly relative intensity index (RSI) has reached the exact level it has been declining since its bear market lowest point. However, every time the price reaches that level, the price tends to grow, indicating that the asset’s long-term strength is higher.
Doge The confirmed Stoch RSI cross was experienced within the weekly time frame, while the confirmed cross was still pending during the 2-week time frame. Its risk-reward ratio is excellent because there are few shortcomings and huge benefits. Although analysts point to a potential pullback, the overall trend is still trying to change.
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