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

WallStreet Forex Robot 3.0
NewsBTC 2024-11-30 16:30:50

Dogecoin Price Completes First Bull Phase Similar To 2021, Here’s What Comes Next

Crypto analyst KrissPax has revealed that the Dogecoin price has completed the first part of its bull phase, similar to what happened in the 2021 bull run. The analyst further provided insights into what is to come next for Dogecoin. Dogecoin Price Completes First Bull Phase In an X post, KrissPax mentioned that the Dogecoin price has completed its first up-phase this bull cycle, similar to the 2021 and 2017 bull runs . He noted that those previous cycles recorded two additional up-phases with huge percentage gains. Based on this, Dogecoin could record two more up-phases before its price tops in this market cycle. The crypto analyst called for patience with the Dogecoin price while it chops sideways a bit, possibly until the next leg of the up-phase begins. Crypto analyst Ali Martinez also mentioned how Dogecoin would test market participants’ patience in this parabolic run. He added that, just like in 2017 and 2020, the TD Sequential has shown a sell signal, which could lead to a brief correction before the bull rally continues. Meanwhile, in a previous analysis, KrissPax provided insights into how high the Dogecoin price could reach in this market cycle and what levels could mark the local tops for remaining up-phases. The crypto analyst predicted that Dogecoin could reach $3 in this bull run. However, he said the first step is for DOGE to reach $1. Therefore, the next up-phase could lead the Dogecoin price to $1. Once that is done, the next up-phase could be a rally to $3, as KrissPax predicted. However, Martinez’s chart showed a channel that could lead DOGE to rally to as high as $14 if it gets to the upper boundary of the channel. The median of the channel puts Dogecoin just above $1.5. Almost Time For The Next Leg Up Crypto analyst Kevin Capital suggested that it is almost time for the Dogecoin price to enjoy its next leg up. In an X post, he stated that Dogecoin has consolidated long enough and that the meme coin has also reset some key indicators on the daily time frame. In line with this, he believes Dogecoin will start heading higher. The crypto analyst added that the next leg will give market participants a good idea of the macro top for the Dogecoin price down the line. Crypto analyst Master Kenobi suggested that the next leg for Dogecoin will come unexpectedly. In an X post, he said that when it happens, it will happen fast. His accompanying chart showed that the Dogecoin price will break above its current all-time high (ATH) on its next leg up and rally to as high as $1.08. At the time of writing, the Dogecoin price is trading at around $0.42, up over 5% in the last 24 hours, according to data from CoinMarketCap.

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.