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Bitcoinist.com


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Dogecoin Bearish Alert: Analyst Warns Of Potential Slide To $0.09, Here’s Why


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20240628


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Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Bearish Alert: Analyst Warns Of Potential Slide To $0.09, Here s Why Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Bearish Alert: Analyst Warns Of Potential Slide To $0.09, Here s Why by Godspower Owie 2 mins ago in Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin 0 Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin (DOGE), like the other meme coins, has been facing severe bearish pressure and has not been able to attract a meaningful rally for a while now. Due to its recent price declines, determining the next price trajectory of the crypto asset has been a major discussion within the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта landscape. Delving into the subject, popular cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта analyst and enthusiast YG Crypto has issued a cautionary projection that has drawn the interest of the Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin community, predicting that the largest meme coin s value may drop to $0.09. Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin s Next Price Trajectory To Be Determined By A Breakout YG Crypto s analysis is made in the midst of persistent market instability and increased volatility in the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта space, which has experienced notable price swings and a bearish trend in recent weeks. His forecast delves into DOGE s recent price action, especially a critical support zone that could lead to a price decline if the asset fails to hold around it. Related Reading: Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Faces Downside Risk To $0.072 As Analyst Cites A Descending Triangle Formation According to YG Crypto, Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin is currently trading close to a crucial support zone between $0.11200 and $0.11500. Should DOGE break below the support range, the expert anticipates a deep correction , possibly reaching the $0.095 threshold. The overall downward channel also suggests a bearish bias, the analyst added. DOGE hovering near critical support zone $0.11200-$0.11500 | Source: YG Crypto on X Although DOGE may be poised for a potential downward trend, YG Crypto believes there is still a possibility that the digital asset could turn around• Музыка » Музыка Германии » Музыканты Германии » Музыкальные коллективы Германии » Enigma » Песни Enigma » Turn Around and start moving in an upward trajectory. The expert noted that DOGE might be able to overcome dynamic resistance and bounce back to the $0.170 and $0.176 price levels once again if it can maintain a breakout above $0.16 and reach the upper limit of the channel. This prediction from YG Crypto emphasizes how unstable Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin s price has been lately and how important market sentiment is in determining its value. Is A $1 Or $2 DOGE Possible? Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin, which is currently trading at about $0.12, has had difficulty holding onto its value during the wider market decline. Cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта analyst Kaleo has offered insights on the negative movement, noting that he would not be surprised if it dropped to $0.08 or $0.1. Related Reading: Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin Price Prediction: Analyst Forecasts ‘Massive Bounce’ Amid Surge In Volume Kaleo highlighted that despite previous price pumps of 6,000% and 30,000% witnessed during the early days of DOGE , it has been moving sideways or down ever since. Given that these explosive moves occurred 8-9 months post-Bitcoin Halving, the analyst does not expect any major move until December and February next year. Taking all of this into consideration, Kaleo believes the bullish trend could reverse and send DOGE to the 8 – 10 cent region, retracing the upward gain seen in February this year. A similar trend break with a 30% drawdown and retrace happened in August of 2020, several months before the beginning of DOGE going mainstream and gigasending, he added. Even though Kaleo foresees a bearish trend for Dogecoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Dogecoin, he still believes it could hit the $1 and $2 threshold in the upcoming months, triggered by a memecoin supercycle. DOGE trading at $0.122 on the 1D chart | Source: DOGEUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com

============= Итог:
3,5990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета
	#Криптовалюта#Dogecoin

1,3333 ; Музыка#Музыка Германии#Музыканты Германии#Музыкальные коллективы Германии
	#Enigma#Песни Enigma#Turn Around
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