| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107347.2600000000 |
| ETH | $2435.0200000000 |
| BNB | $649.5723500000 |
| XRP | $2.1860290000 |
| ADA | $0.5619124000 |
| SOL | $150.0827000000 |
| DOGE | $N/A |
| DOT | $3.4026300000 |
| LTC | $86.5100000000 |
| LINK | $13.3516800000 |
Category: CRYPTO NEWS
The post Dogecoin On The Verge Of A Crucial Breakout, Analyst Eyes $0.4 As Next Key Level appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The broader crypto market has taken a hit. Major digital assets like Dogecoin are faced notable bearish movements with the dog-themed meme coin dropping to the $0.21 level. DOGE may be under renewed bearish pressure, but a crypto analyst points to an impending notable rally as bullish momentum gradually returns to the market, pushing prices back to $0.22. Breakout Sets the Stage For Dogecoin To $0.4 Dogecoin appears to have found renewed upward momentum due to the general market recovery following Bitcoin’s brief upswing today. With recent developments spotted on the DOGE 1-day chart, the meme coin is once again flashing signs of strength as it eyes a key breakout. Related Reading: Dogecoin Price Completes Daily Trend Break, Why $0.42-$0.43 Supply Zone Is Next An X (formerly Twitter) crypto expert and investor, Trader Tardigrade, has outlined a formation that might redefine DOGE’s short-term price trajectory. As Dogecoin hovers near critical support zones, the expert foresees a sharp breakout toward the $0.4 level. According to Trader Tardigrade, the meme coin is forming a leg in consolidation below the $0.25 resistance level after recent pullbacks. It is worth noting that this marks the second leg in consolidation in less than a week. DOGE impending rally to $0.4 | Source: Trader Tardigrade on x Specifically, the first leg of consolidation occurred last Tuesday after it failed to break above the immediate resistance at $0.25. Trader Tardigrade believes that Dogecoin is likely to break through this level following a shakeout below $0.21 to remove weak hands. However, the expert noted that DOGE would hit the resistance zone several times before breaking through. When a breakout finally takes place, Dogecoin is expected to rally hard toward the $0.4 mark that was last…
2025-05-26T23:45:09+00:00
https://bitcoinethereumnews.com/tech/dogecoin-on-the-verge-of-a-crucial-breakout-analyst-eyes-0-4-as-next-key-level/?utm_source=rss&utm_medium=rss&utm_campaign=dogecoin-on-the-verge-of-a-crucial-breakout-analyst-eyes-0-4-as-next-key-level