Dogecoin Holds $0.24 as ETF Bets Build, Analysts Eye $0.30 Breakout
- Dogecoin price must hold above the support level around $0.22 to invalidate the potential sell-off.
- On-chain data shows a significant sell order for DOGE by whale investors.
- The macro outlook for Dogecoin remains bullish bolstered by the ETF hype in the United States.
Dogecoin has been trading in a rising wedge since April, holding its uptrend but remaining trapped in consolidation.
The memecoin, secured through proof-of-work like Bitcoin and Litecoin, retraced about 20% in the last 10 days, pulling back to $0.24 on September 23. Traders say holding above the $0.22 support is crucial to avoid a deeper sell-off.
Ali Martinez Flags Buy Zone for DOGE
Analyst Ali Martinez said the recent drop pushed DOGE into a favorable buy zone, with price retesting the wedge support.
He pointed to an ascending triangle pattern and the TD Sequential …
Read The Full Article Dogecoin Holds $0.24 as ETF Bets Build, Analysts Eye $0.30 Breakout On Coin Edition.
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Dogecoin Price Prediction: Analysts Target $0.30 Amid Support Test
Dogecoin Retests Triangle as Whales Add 2 Billion DOGE Into Support
Dogecoin Holds $0.24 as ETF Bets Build, Analysts Eye $0.30 Breakout
- Dogecoin price must hold above the support level around $0.22 to invalidate the potential sell-off.
- On-chain data shows a significant sell order for DOGE by whale investors.
- The macro outlook for Dogecoin remains bullish bolstered by the ETF hype in the United States.
Dogecoin has been trading in a rising wedge since April, holding its uptrend but remaining trapped in consolidation.
The memecoin, secured through proof-of-work like Bitcoin and Litecoin, retraced about 20% in the last 10 days, pulling back to $0.24 on September 23. Traders say holding above the $0.22 support is crucial to avoid a deeper sell-off.
Ali Martinez Flags Buy Zone for DOGE
Analyst Ali Martinez said the recent drop pushed DOGE into a favorable buy zone, with price retesting the wedge support.
He pointed to an ascending triangle pattern and the TD Sequential …
Read The Full Article Dogecoin Holds $0.24 as ETF Bets Build, Analysts Eye $0.30 Breakout On Coin Edition.
Read More
Dogecoin Price Prediction: Analysts Target $0.30 Amid Support Test