Dogecoin has kept stabilizing more than $ 0.22 since May 20 and climbing again after a short decline. She reached $ 0.25 on May 23, and then eased on the weekend. In the past 24 hours, the distinctive symbol is 4.1 %. More than a week, it rose by 5 %, although it slipped in the middle of the week.
Triangle style
According to TradingView Akbar Karimzsfeh analyst, Dokwin He was tracked a long triangle tight in the highest level at all at $ 0.73536 on May 3, 2021. that peak was followed by a decrease to $ 0.048 on June 13, 2022. Since then, every attempt to break on June 5, August and 9 October from 2023-failed. Triangle lines are closed. When they meet, there is likely to be a sharp step.
Main resistance levels
based on DataThe Triangle’s upper direction line matches the highest “cup” style of about $ 0.4916. There was an attempt in December 2024, and the prices almost reached $ 0.4916, but were pushed back. after that, Dodge Slipped to $ 0.13. Since then, some land has been settled, but it still has to clarify that $ 0.4916 is an obstacle before the bulls can demand real control.
Recent price movements
Dogecoin hovered about $ 0.22 between May 20 and May 26. It reached its peak at $ 0.25 on May 23, only to slip. Then the last 24 -hour profit showed 4.1 % that it could be bounced of support. The weekly ascension of 5 % indicates a fixed purchase, even with some decline in the middle of the week. Traders monitor a daily closure over $ 0.50 as a sign that long pressure has ended.
Standards on the chain rises
Data on the chain supports the price procedure. New addresses have jumped 102.40 % in the past seven days. The active headlines rose 111.32 %. The balance of the balance increased zero 155.45 %. This indicates that more people send small quantities of Doug or network test. This does not guarantee that they keep the long term, but it shows attention and activity.
If Dogecoin is able to fracture over the upper direction line and hold more than $ 0.49, some see a move about $ 3.08. This goal depends on adding the height of the triangle to the penetration point. It is a big leap. Psychology and trading fees can slow down this run. But the pattern says that the strong step may come.
Based on reports, caution is still wise. Wait for a clear confirmation before betting on a satellite. The slide below the lower direction line near $ 0.05 would turn the landmark. Currently, Dogecoin sits in the balance, as it was pressed between two main trend lines. Traders and fans will see each near $ 0.49 or a decrease less than $ 0.05 to measure the next big step.
Distinctive image from Gemini Imagen, the tradingvief chart
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