CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
NullTx 2025-01-05 05:20:25

DOGECOIN PRICE ANALYSIS & PREDICTION (January 5) – Doge Signals New Rally But is Yet to Confirm, Now Facing $0.4

Dogecoin and other top meme coins have staged a major recovery in the past few days as the overall market bounced back from a correctional phase. A successful breakup could set the asset for another major rally. The last quarter of 2024 saw Dogecoin through its highest buying period in two years as it rallied 3x to a peak of $0.48 in December in early. But it later ended the year in a correction mode after making a double-top. Following a quick recovery from the $0.263 level, the volatility dropped and the price traded sideways for almost a week before initiating a buy in the mid-week. This led to a surge and it reclaimed a three-week high. Staging a new rally on the daily chart, Doge’s bulls are back in actions but the $0.4 level has been posing threat over the past hours. Pushing through it could bring us back to the recent peak with a potential surge. If the bulls fail to push higher, we may see a slight pullback to the $0.35 level before rising back. An increase in this volume should set the price up for a strong surge in volatility. Currently, the daily volume indicator is still in a downward range. DOGE’s Key Level To Watch Source: Tradingview The latest buying is aimed at retaking the previously lost $0.48 peak. Breaking above it could result in a serious rally to $0.6 and $0.75 in the near future. If Doge drops below the holding $0.365 support, it may pulled back into the $0.31 level for a rebound. While the ongoing surge is supported by the $0.262 level, a drop below it could plummet the price to $0.22 and even $0.18. Key Resistance Levels: $0.48, $0.6, $0.75 Key Support Levels: $0.365, $0.262, $0.22 Spot Price: $0.381 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: avirozen/ 123RF // Image Effects by Colorcinch

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta