DOGECOIN (DOGE) prices fell by more than 4 % last month, indicating a slightly dominant impact in recent weeks. Like Crypto Market Leader (Bitcoin), Altcoin and Memecoin prominent prominent corrections on the market have recorded a local peak of $ 0.249 on May 22. However, the last disclosure by Supreme Analysts on Martinez showed an emerging situation in the market that supports the freshness of the Doug Market.
Doug Balls returns Al Ain to $ 0.22
in X post On July 5, Martinez presents some artistic ideas in the Doge market that highlights an important necessity for Altcoin to re -discover its upper form. Using the DOGEUSDT daily trading scheme, the famous analyst determines an upward line that runs until 2023. In multiple cases of re -testing, this trend line was an effective support that constantly rejects a decrease in the price.
According to Martinez analysis, Dogecoin is trading around this trend line, which is currently at $ 0.150. The analyst explains that Bulls Market explains this price area that does not only feed the chances of fresh prices, but mainly prevents collapse and completely moving to a declining market.
Interestingly, every re -test of the distinctive trend line has always produced prices, which has led to an equivalent gathering. This event appears at the price increase from 0.059 dollars to $ 0.210 (255 % profit) between 2023-2024, and $ 0.095 to $ 0.470 (395 %) in 2024. However, Ali Martinez offers a conservative price goal, benefiting at $ 0.15 that supports at least a return of speed at at least 0.220.
However, with strong upward pressure as shown in previous gatherings, DOGE investors may expect an additional increase to about $ 0.24 with the possibility of returning to the peak of the local market of $ 0.47.
Doug price overview
At the time of writing this report, DOGE was trading at $ 0.164, reflecting the price increased by 0.91 % and 0.56 % on the daily chart and weekly scheme, respectively. At the same time, Memecoin recorded 56.81 % in the daily trading volume, indicating a significant decrease in the interest of the market.
According to data from the price prediction site CoincodexGeneral feelings in the Doug Digge Market. However, investors maintain a healthy request in the market as it is clear from the fear and greed index from 67, that is, a large amount of greed.
In the short term, Coincodex expects DOGE will keep a price of about $ 0.160 in the next five days while getting an increase in the price to $ 0.193 a month. Meanwhile, her long -term expectations show little price growth in the distant future as shown by the goals of $ 0.197 in three months, and $ 0.169 in six months.
The post DOGE Bulls Hold The Line At $0.15 — Is The Rally Still Alive? first appeared on Investorempires.com.
