Dogecoin price is defined in recent days by a fixed decrease and attempts to break above $ 0.25. Mimi currency has I managed to preserve it My budget momentum in the past 24 hours after the end of September.
This last step has been kept in the upper direction of Dogecoin on the daily chart, and according to technical analysis Joint The social media platform by analyst Javon Marks, this structure can be the way to do a strong upward step.
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The structure of penetration and the upper decreases
According to Marks, the current price composition of Dogcoin can be the early stages of huge gatherings carrying Mimi to $ 0.65 in a quick step.
This prediction is based on Clear sequence from HL decrease (HL) and high altitudes formed on the Dogecoin price scheme. This configuration is on the timeline scheme for a period of 5 days, and returns to the back like the 2022 bear market. The first decrease began to decrease in surrender in 2022 and continued until 2023 to 2024. Every low level of the buyer’s interest appears after each correction, a sign of the upward continuation of the higher time frames.
Latest example It came during the September seasonWhen Dogcoin found strong support at $ 0.22. Instead of collapsing more, the price recovered from this level to create a higher decrease in this series. This response was important because he emphasized that the upper trend of Dogcoin was still intact.
Marx notes that this upward structure is at the lowest levels that means that it is likely to be another wave in the business. Therefore, the current stage ranges between $ 0.22 and $ 0.25 now more than accumulation Before the next explosive movement is higher.
Dogecoin 5 days: Javon Marks on X
The case of a crowd 153 % to 0.6533 dollars
Marx’s dropping exceeds a slight interruption. It is expected that an analyst at Dogecoin will continue Create the highest other level In the next weeks and months. This wave can be above more than 153 % of the current price of Dogecoin.
Its scheme determines $ 0.6533 as an immediate goal of this wave. This level will require more than twice its current price, but this has not been unprecedented due to its price record. If Dogecoin will reach the goal of the collapse of $ 0.6533, then this will be the most powerful emerging gatherings since early 2021. However, this is still less. If the upward conditions continue.
It is interesting that the analysis also indicated that Dogecoin may extend the gathering Above the threshold of $ 1. In particular, the target for the second price is at $ 1.25711, although this may seem out of the short term.
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At the time of this report, Dogecoin is traded at $ 0.2525, a decrease of 1.7 % over the past 24 hours, but by 10 % in the seven -day time frame.
Distinctive photo of Pixabay, tradingvief chart
The post Key Price Breakout Sets Dogecoin On 153% To Clear $0.65 In Quick Succession first appeared on Investorempires.com.
