Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 12450
Mercata: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Mercato
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Condividere
Bitcoinist 2025-01-12 03:30:42

Dogecoin Price Remains Above Support Trendline To Form Selling Climax Bottom

Dogecoin Price Remains Above Support Trendline To Form Selling Climax Bottom

Dogecoin’s price action in the past 24 hours has been c haracterized by a consolidation around $0.33. Notably, this perambulation around the $0.33 mark has seen Dogecoin holding above an important trendline that could make or break its trajectory from here. Interestingly, Dogecoin is also exhibiting what looks like the formation of a climax bottom, according to recent technical analysis of price action. This observation comes from crypto analyst Trader Tardigrade, who shared insights into Dogecoin’s price structure and a positive outlook for the king of meme coins. Dogecoin Holds Strong Above Support Trendline In a recent analysis on the social media platform X, Trader Tardigrade noted that Dogecoin has maintained its position above a vital support trendline. This support trendline, as shown by the price chart below, is located around $0.315, and has been a pertinent area of for Dogecoin since the middle of December 2024. This support level arose after Dogecoin briefly broke below the $0.27 mark on December 20 before rebounding upwards. As pointed out by Trader Tardigade, the ensuing structure from this break formed what was a selling climax. However, the selling climax might not actually be the end of the correction. Instead, Dogecoin might still be in the process of completing a “selling climax bottom,” which is a more extended formation that sets the stage for a price correction bottom. At present, Dogecoin is retesting the support trendline at $0.315 following a recent surge to $0.39. This retest is seen as a critical step in the broader price structure. According to Trader Tardigrade, the price action represents a “secondary test” (ST), a technical move that serves to confirm the validity of the selling climax bottom. By holding above this level, Dogecoin strengthens its chances of transitioning from the correction into an extended recovery upward. DOGE To Show Signs Of Strength Investors are closely monitoring for signs of strength in Dogecoin, and on-chain data suggests some investors may already be positioning themselves for the final boss move upwards. Trader Tardigrade echoes this sentiment, noting that Dogecoin will eventually show a sign of strength in the surge. This surge is based on the expectation of a strong bounce from the selling climax bottom. In terms of a price target , Trader Tardigrade projected that the next move for Dogecoin is a push towards $0.66 in the next few weeks. Speaking of investors positioning themselves for an upwards move for Dogecoin, on-chain data from Santiment shows that Dogecoin whale addresses have bought over 470 million DOGE tokens in the last 48 hours. As such, the total holdings of these whale addresses holding between 10 million and 100 million DOGE tokens now stand at 22.56 billion tokens, which is the highest in over 30 days. At the time of writing, Dogecoin is trading at $0.332 and is up by 0.5% in the past 24 hours. Featured image from WSJ, chart from TradingView

La maggior parte ha letto le notizie



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Mercato
24h Vol
55.82%
Bitcoin Condividere
107
Oggi notizie
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