The long -awaited main gathering for Dogecoin continues, and perhaps in its current direction at all, facing great setbacks due to unfavorable Market conditions. Given the recent price developments, the encryption expert expects that the Meme currency can witness a consecutive bull tour.
Double bull runs on the horizon for Dogecoin
While Dogecoin gradually recovers from the recent decline in the market, at Trader Tardigrade, an expert and an investor specific A promising look for the short term. According to the expert, the performance of Doug’s prices in multiple upwards hints that can push the Mimi currency towards unknown lands.
Trader Tardigrade that Duji appears to be preparing for two consecutive gatherings, supported by a The formation of promising graph This indicates the strength of the strong upper side. It moves in the MEME COIN price movement on the weekly timetable, and indicates alignment with the style of the gossip.
Specifically, the formation of the gossip channel is a technical style that helps in discovering market trends and trading opportunities. With the training that indicates the possibilities of penetration, the analyst predicts a significant increase Dokwin Because it approaches the main resistance levels. Historically, this indicator was preceded by major escalating movements, which led to two signs as shown in the expert scheme.
The graph shows that Dodge She left the channel at the beginning when it was red, then re -testing the medium channel line, allowing it to collect enough strength for the upward direction. If the previous scenarios are repeated, Trader Tardigrade is sure that Dogecoin will see two of the main consecutive gatherings to the highest new level ever.
Dog is currently facing the first bull race, indicating that further growth is still standing with the approaching of the second. At the end of the second run, the bull, on the occasion of the upper line, Mimi currency It will be valued at $ 3.
This expected transition to $ 3 may also be the highest market for Dogecoin in the ongoing cycle. It may renew the increasing optimism and confidence in Dog among investors the strength of the upward trend in the coming days, which may begin the long -awaited step.
Doug, the transition to an upward period
Looking at the huge market decrease a few days ago, Doug faced Hubbouin forcesAnd, causing its price decreased sharply. Although this decrease has hindered positive movements, Trader Tardigrade has highlighted that Meme’s currency may regain steam towards an upward path.
Trader tardigrade I was monitored Average imminent medium spacing rapprochement (MACD) bullish polishing in the time frame for 4 hours. MACD transitions are usually an introduction to price recovery after a period of fluctuations. As a result, the expert indicated that Dog is generating a short -term momentum, and turns from the descending lands to the ups of the ups.
With a steam collection, dogecoin, The next key level for viewing It is a sign of $ 0.35. The level of $ 0.35 has turned into a critical turn due to the large part of the short situations that will be filtered. Technical expert Ali Martinez Warn About 766.45 million dollars in short positions are at risk of ignition filtering Once Doug Teld Price sign.
Distinctive image from Unsplash, Chart from TradingView.com
