Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Key with you:
-
DOGE created a double bottom and broke through the trend line of the lower time frame and signaled a possible move to $ 0.25.
-
Memecines have been the best -performance narrative sector in the last 90 days.
Dogecoin (DOGE) is traded by almost $ 0.17 and after fluctuations between $ 0.13 and $ 0.25 since February, it is a slight reflection. Despite its side movement remains DOGE 7. The most traded crypt for 24 -hour trading. Investors continue to monitor whether MEMECOIN can get back a key psychological level of $ 0.25.
The daily chart reveals DOGE, which monitors the double DNA formula, a classic reverse signal, with a $ 0.15 support base based in recent weeks. This long -term setting indicates a potential climb to $ 0.25, a goal that could materialize before expected.
Over the last two months, DOGE has been limited in a descending channel, a formula indicating a signs of potential breakdown of uptrends. Crypto Analyst Trader Tardigrade published Analysis on xEmphasizing the decisive move above the 50 -day trend line, followed by a successful retest and continuation of the schedule.
This shift in the lower time frame, marked with new higher minimums and higher maximums, signals the potential reversal of the trend from its previous descending descending descending. Onchain UTXO, which supported onchain UTXO price distribution, indicates the largest cluster holder at $ 0.177, with 8.94% of the offer. Strong closure above this level could clean the path to further resistance to $ 0.206 (7.54%) and potentially $ 0.36 ($ 3.83%), supporting optimism among analysts.
MEMECOINS continue to overcome other sectors
The recent onchain metrics painted a mixed picture. Post Glassnode on X revealed DOGE holders that suffered from their highest levels of loss in months, a sharp selling profit or emerging indicator at current prices. This suggests short -term pressure, but memecoin narration remains relevant.
According to Dyor’s dataMEMECOINS dominated the last 90 days with an impressive 56.67% return and exceeded the wider crypto markets.
This means a latent up to the DOGE, although $ 0.25 is not immediate. Historical formulas indicate that memecines can see 300% -500% of profits during the top hype of hype, as can be seen at the end of 2024.
DOGE is therefore at the intersection and technical aims to almost serious pressure $ 0.25 through their double bottom and trend line. At the same time, the dynamics of MEMECOIN indicates a longer -term climb driven by retail enthusiasm. Another technical confirmation could be a decisive step above $ 0.177.
A break over $ 0.25 could materialize by the end of 2025, especially if Bitcoin’s next foot UP intensifies the altcoin assembly. The current phase of loss may therefore be a consolidation from the escape of the driven hype.
Related: Bitcoin prices focus on new maximum but “Divergence” set $ 110,000 as resistance
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.
