Dogecoin Has Only One Direction From Here as Price Confirms Crucial Breakout

2023-11-11 15:30

Dogecoin (DOGE) appears poised for further gains after successfully confirming a significant technical breakout. According to respected analyst Rekt Capital, DOGE has made all the right moves to signal that a new uptrend is underway. With the memecoin breaking out of its year-long descending channel, the path of least resistance seems to be sharply higher.

The Momentum Builds

Rekt Capital highlights how DOGE staged an important retest of former channel resistance as new support just below $0.07. This successful retest helps validate the breakout’s legitimacy and indicates traders still have an appetite to buy DOGE on dips even after the initial surge higher. With support and bullish momentum reaffirmed, DOGE has a green light for continued advances

By decisively breaching the downtrend channel that has contained its price all year, DOGE appears poised to embark on a new bullish impulse wave. With the first target in sight around $0.10 – which aligns with the top of the breached channel – DOGE could appreciate nearly 50% from the breakout point in fairly short order.

Read also:

Are Meme Coin Kings Dogecoin (DOGE) and Shiba Inu (SHIB) ‘Late for the Party’? Why Solana (SOL) Will Continue to be One of the Biggest Movers During This Bull Market Here are Two Tokens Set To Skyrocket in Price In The Upcoming Months Memecoin Leadership Emerging

Interestingly, DOGE is not the only memecoin showing signs of life recently. The renewed interest in Shiba Inu and revival across the broader memecoin sector could provide a rising tide to lift DOGE higher. As the original memecoin with the most institutional adoption, DOGE may be reasserting leadership just as the niche comes back into focus.

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The post Dogecoin Has Only One Direction From Here as Price Confirms Crucial Breakout appeared first on CaptainAltcoin.

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Dogecoin (DOGE) на Currencies.ru

$ 0.1465 (-0.07%)
Объем 24H $1.8b
Изменеия 24h: -2.46 %, 7d: -3.04 %
Cегодня L: $0.145 - H: $0.1466
Капитализация $21.132b Rank 9
Цена в час новости $ 0.0805704 (81.83%)

doge dogecoin breakout made all capital respected

Источник: captainaltcoin.com

doge dogecoin → Результатов: 126


Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target

Dogecoin (DOGE), the popular meme-based cryptocurrency, has demonstrated its resilience in the market with a 2. 5% price increase over the past 24 hours, reaching a trading price of $0. 1607.   Analysts, including Altcoin Sherpa and Ali Martinez, have recently shared optimistic predictions for DOGE’s future, suggesting further gains and potential for outperformance compared to other tokens.

2024-4-23 05:00


Bitcoin (BTC) Price Surges Towards New ATH, Spotlight on Solana (SOL), ORDI, and Dogecoin (DOGE) Altcoin Setups

As Bitcoin’s recovery post-dip propels it towards a new all-time high, crypto analyst Miles Deutscher has identified several altcoin setups that have piqued investor interest. In his weekly token and narrative watchlist, Deutscher shed light on the prospects of Solana (SOL), Ordinary Token (ORDI), and the meme coin Dogecoin (DOGE), among others.

2024-4-8 22:30


Dogecoin Investor Sells $250K to Buy AI Crypto Token Worth Just $0.08, Says It Will Give Returns Like DOGE in 2021

As we approach the BTC halving event in 2024, altcoins like Dogecoin (DOGE) and Algotech (ALGT) are carving distinct narratives, diverging from the Bitcoin-dominated discourse. These altcoins stand out amidst the tumultuous seas of market cap fluctuations, liquidity pools, and high-frequency trading.

2024-4-3 18:30


Фото:

Dogecoin (DOGE): As DOGE Day Approaches Will Elon Drop Hints? Dogecoin Rival Launches On 420

As the crypto community gears up for the eagerly anticipated Dogecoin (DOGE) Day, speculation is rife about potential moves by influential figures like Elon Musk. Will the tech mogul, known for his cryptic tweets that have historically sent Dogecoin (DOGE) soaring, drop hints that could influence DOGE’s trajectory? Amidst this […]

2024-4-3 19:54


Can Bitcoin Rally Сontinue? Here’s 3 Crypto to Keep an Eye On: Nuggetrush (NUGX), Dogecoin (DOGE), Shiba Inu (SHIB)

As Bitcoin leads an impressive rally, the cryptocurrency market is witnessing a resurgence of meme coins. Amid this whirlwind of digital currency frenzy, investors cast a spotlight on three meme coins poised for the limelight, including the iconic Dogecoin (DOGE), the playful Shiba Inu (SHIB), and the daring NuggetRush (NUGX).

2023-12-7 16:00


После 9 лет бездействия криптокиты Dogecoin переместили 7 млн DOGE

Четыре криптокита, владеющие Dogecoin (DOGE), переместили с начала 2023 года сотни тысяч долларов в ведущей монете-меме. У всех у них есть одна общая черта — до этого они не проявляли активности более девяти лет.

2023-8-16 12:24


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