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DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down


by Olivia Stephanie
for CryptoPotato
DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down

TL;DR

  • Dogecoin breaks triangle formation, analyst warns price could fall toward $0.17 Fibonacci support level.
  • Bitcoinsensus projects the next wave rally could send DOGE between $1.00 and $1.40 long-term.
  • Futures open interest steady at $3.32B, while options trading surged as traders prepare positions.

Breakdown From Triangle Formation

Dogecoin (DOGE) has moved below a symmetrical triangle formation after weeks of sideways action. The move was flagged by market analyst Ali Martinez, who suggested the breakdown could pressure prices lower in the short term.

Read the article at CryptoPotato

Read More

Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours

Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours

Whales sold 200M DOGE and 50M ADA in 48 hours. Prices hold steady, but selling pressu...
AVAX Bulls Target $46 If This Key Barrier Falls

AVAX Bulls Target $46 If This Key Barrier Falls

Avalanche (AVAX) trades near $25 as bulls watch the $27 resistance. Analysts see targ...

DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down


by Olivia Stephanie
for CryptoPotato
DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down

TL;DR

  • Dogecoin breaks triangle formation, analyst warns price could fall toward $0.17 Fibonacci support level.
  • Bitcoinsensus projects the next wave rally could send DOGE between $1.00 and $1.40 long-term.
  • Futures open interest steady at $3.32B, while options trading surged as traders prepare positions.

Breakdown From Triangle Formation

Dogecoin (DOGE) has moved below a symmetrical triangle formation after weeks of sideways action. The move was flagged by market analyst Ali Martinez, who suggested the breakdown could pressure prices lower in the short term.

Read the article at CryptoPotato

Read More

Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours

Whale Panic? 200,000,000 DOGE and 50,000,000 ADA Sold in 48 Hours

Whales sold 200M DOGE and 50M ADA in 48 hours. Prices hold steady, but selling pressu...
AVAX Bulls Target $46 If This Key Barrier Falls

AVAX Bulls Target $46 If This Key Barrier Falls

Avalanche (AVAX) trades near $25 as bulls watch the $27 resistance. Analysts see targ...