Muwin border, TrujingView, has, he has unveil new Predicting the price of DogecoinThis indicates that the penetration is on the horizon. The analyst highlights the main resistance levels that must be wiped before the popular Mimi currency experiments Price recovery Above the threshold of $ 0.3.
The price of Dogecoin faces resistance on the road to recovery
Dogecoin is struggling to restore its upward momentum yet Trading in a clear, declining trend Months now. However, the last basic procedure of Mimi coin indicates that its current momentum may be It moves from landing to climb.
According to the analysis of the Dogoin's Dogecoin's Dogecoin chart, the Meme currency was recently broken above a The direction is going downNoting that sellers may lose control. The analyst highlights the point of $ 0.25 as a critical resistance level for DOGE, indicating that a Confirmation of the collapse On this point, it is crucial for bulls to prove hegemony and consolidate the upward trend.
If Bulls managed to pay the price beyond the resistance level and keep the penetration, Haddadian expects Doge to rise towards its next goal of $ 0.30 – $ 0.334. This price level is in line with the previous supply/resistance area, which is highlighted by the largest gray area in the analyst price scheme.
While the bullish collapse of a possibility is still a possibility, TradingView analyst reveals this Expected It can only occur if certain conditions are met. Dogecoin support 0.16 dollars play an important role in the current Biopsy And its ability to reach a goal of $ 0.334.
Two borders show that if the M -currency fails to stick above The level of supportThe expected ascension scenario can be nullified, and The price may decrease more About $ 0.122 or $ 0.113. Based on the analyst's scheme, the ideal preparation for the continuous recovery of DOGECOIN will be a brief experience Monotheism Top 0.205 dollars before the rest.
Once Dogecoin crosses its previous resistance level between $ 0.30 and $ 0.334, Haddadian predicts that Meme can be It rises to a high price From $ 0.484. On the other hand, a lower collapse of the support level at $ 0.113 can pay the price of Dogecoin to $ 0.08, which leads to completely cancel the upcoming analysis.
Dog to enter a new difficulty stage
The encryption analyst Ali Martinez subscriber A price scheme includes a Superrtrend IndexThis indicates that Dog is about to enter his next upward phase. The psychotic -covered area is the SuperTrend resistance area at $ 0.21, which has remained Dogecoin below throughout its declining direction.
With its current price at 0.19 dollars, Martinez expects the collapse and closure will lead to a resistance of $ 0.21 Dogecoin work Ascending. On the negative side, failure to break this main level may lead to continuity or side movement.
Distinctive image from Istock, Chart from TradingView.com
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